Now & Then: Chicago Glue & Machine
THEN Chicago Glue & Machine is a second generation family business; however, its roots as a family business are much deeper. Co-founders Irwin Katz and Chuck Siegal both had experience in their own family businesses prior to their purchase of… Read more→
3 Steps to Healthy Family Business Communication
What is the “greater good” for the family and for the business? Is everyone in agreement? How are you communicating your family values? To answer these questions, we start with the first best practice: foster a family culture of healthy… Read more→
Change: Evolutionary, Induced or Proactive?
In Lisa’s newest book I Got Hit By A Taxi, But You Look Run Over: Life Lessons about Happiness and Joy, Lisa shares her story of induced change when she got run over by a taxi. As I sat there… Read more→
EOS Tool Will Help You to Analyze Your Employees
If you choose to adopt the processes of EOS, it will take a lot of time and effort to transform your business. But, to give you a sneak peek into what it has the potential to bring to the table,… Read more→
President’s Message – What’s Going On
The next few months at EFBC are packed with several incomparable opportunities for learning and development. I expect to see many of you at the May 12th Get a Grip! workshop with Rene Boer. This program is designed for you… Read more→
Is the Affordable Care Act Helping or Hurting Small Businesses?
by Marcus Newman, GCG Financial There are many mixed opinions on the impact of the Affordable Care Act. Is it helping small businesses? Or hurting them? Marcus Newman of GCG Financial aims to provide some clarity on this discussion, citing… Read more→
ACA Requirements for ALL Small Businesses
The answer is a very simple NOT RIGHT. The Affordable Care Act (ACA) has requirements for ALL business sizes. Some of the requirements you have heard about – but some you probably haven’t. After six years of this healthcare law,… Read more→
25 Questions for New Product Development
Provided by Strategex, Inc. The 80/20 Principle is a valuable tool for your business. While it can be used to gain a better grasp of your customers and prospects, it can also be applied to your product line. If you’re… Read more→
How Whales and Minnows Can Reinvent Your Business
What is the 80/20 Principle? 20% of your input results in 80% of your output or 80% of your revenue comes from 20% of your customers If you plan to use the principle, note that it is not a one off process – it… Read more→
Size Matters: Health Insurance and the Size of Your Small Business
Let’s go in order: 20, 20, 50 ATNE, 150 20 Employees: Twenty is an important number in many ways. The most well-known is the difference between State Continuation and COBRA Continuation. Under 20 employees continuation is governed by state law… Read more→