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Thursday, May 23, 2024

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Scripting a Successful Succession

Transfer of power doesn’t have to be dramatic
Transfer of power doesn’t have to be dramatic As far as television writers are concerned, running a family business is fraught with drama, with schemes and sabotage at every… https://oilandenergyonline.com/articles/all/scripting-successful-succession/

Invest in Your Expendability

Why you should build a business that does not need you
Why you should build a business that does not need you For many propane and fuel oil company owners, succession planning is a “someday” thing. As in, “I’ll get around to it… https://oilandenergyonline.com/articles/all/invest-your-expendability/

Diversification for the Next Generation

Energy business consultants offer advice on expansion and succession planning
Energy business consultants offer advice on expansion and succession planning Whether tomorrow’s homes are heated by renewable liquid fuels, electric heat pumps, or some… https://oilandenergyonline.com/articles/all/diversification-next-generation/

9 Steps to Preparing Your Successor

As a business owner, you want to build an organization that will continue to flourish after you have retired. That is particularly true in the fuel oil and propane industry, where family-owned companies are common. Yet the incidence of a family business b…
As a business owner, you want to build an organization that will continue to flourish after you have retired. That is particularly true in the fuel oil and propane industry, where… https://oilandenergyonline.com/articles/all/9-steps-preparing-your-successor/

Better Negotiations Lead to Better Outcomes

Family businesses can increase their potential for success and avoid missteps by learning the finer points of negotiation for both business and personal relationships.
Family businesses can increase their potential for success and avoid missteps by learning the finer points of negotiation — an activity that permeates many essential business… https://oilandenergyonline.com/articles/all/better-negotiations-lead-better-outcomes/

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