Congratulations! You’ve been asked to join a private company Board, either because you know the owners and they know you, or you have expertise they need and they want you. Either way, the opportunity is both an honor and an obligation – and a chance to fail. So how...
For those privately owned companies that have had the foresight to have boards of directors or advisors in place prior to the pandemic, it’s been a busy time for them but a welcome source of guidance and support for you, the CEO, owner, or the family management team....
Virtually every CEO or business owner knows how to read their company’s income statement – Revenue, then Gross Profit, then Operating Profit, then Net Profit. Many only look at the top and bottom numbers, some delve deeply into the details in between. But they all...