Stanislaw Consulting Blog
Does Your Business Have a COVID-19 Preparedness and Response Plan?
Governor Gretchen Whitmer has given some Michigan businesses the green light to begin to reopen their operations. But the executive orders require opening businesses to have a COVID-19 preparedness and response plan in place by June 1 or within 2 weeks of opening....
How to Fill the Vacuum When a Parent Steps Away from the Family Business
When Mom or Pop is forced to leave a Mom-and-Pop shop because of illness, disability, or simply retirement, it can leave a hole the remaining family members must fill to keep the business going. What can you do to help your family business make the transition? How can...
Building Your Family Business Succession Plan Starts at Home
If you have done the work to create and maintain an established family business, its survival is likely a key part of your identity, and your financial future. When it comes time to retire, you may expect to hand over leadership to your children, but are they as...
Leadership in Crisis: A Coronavirus Case Study / Andrew Cuomo
This is in reference to the New York State Governor, Andrew Cuomo, as an example of effective leadership. This is why people follow. In light of the COVID-19 pandemic, employees and citizens are looking to their leaders for guidance and answers to the question “what...
Business Owners Facing COVID-19 Crisis: Put Your Oxygen Mask on First
The COVID-19 pandemic has put an unprecedented strain on business owners and CEOs. Corporate decisionmakers are being called to make spur-of-the-moment decisions based on incomplete and often contradictory information. In the midst of this chaos, you must remember to...
How to Wake Up Your Stagnated Business
As an entrepreneur or small business owner, you have a lot riding on the success of your company. However, over the years, you may find that you are at the helm of a stagnated business. Once you come to that realization, you need to wake up your company and get back...
What to Do When Conflict Threatens the Family Business
Conflict at work can turn any job into a hostile work environment. When you and the person you are fighting with share a dinner table, things can get even worse. You need to know what to do when conflict threatens the family business and/or the family. No One Fights...
Trusting the Next Generation with Your Family Business
Family businesses thrive on the close relationships between parent and child. But as your children and other younger relatives start taking on more responsibility, you may find yourself having trouble letting go. If you want your company to thrive, you must learn to...
Business Exit Planning Tips for Retiring Executives
You have spent decades building your company and making it thrive. You’ve spent time, money, and effort making it the best it can be. Now, you are starting to consider retirement and looking for a return on that investment. You need to find out what retiring...