Owner Resource Group is pleased to offer this valuable Year-End Tax Planning Advice from our friends at accounting firm Maxwell, Locke and Ritter. Hopefully, these tips will help prepare you and your business for success as we all continue to navigate the tax implications resulting from the COVID-19 pandemic, the CARES Act and the recent election.
Owner Resource Group is pleased to provide the following wealth management insights from our partners at Round Table Wealth Management.
Third Quarter 2020 Review
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair.”
– Charles Dickens, A Tale of Two Cities.
Topics: Wealth Management
As the Independent Lubricant Manufacturers Association (ILMA) prepares for its 2020 Annual Meeting – this year limited to a virtual event due to the coronavirus pandemic – its members gear up to discuss many of the pressing issues relating to one of the most essential industries. As the unofficial slogan goes... “Without lubricants and metalworking fluids, North American businesses and manufacturing would grind to a halt.”
A big thanks goes out to Aftermarket News – the leading trade publication for the automotive aftermarket industry – for allowing ORG’s Managing Director, Jon Gormin, to share a few thoughts in the August issue.
His article, titled “Leverage Market Turbulence in 2020 to Accelerate Growth,” explores several key issues facing company owners and management teams working in the automotive aftermarket vertical during the current pandemic environment. These include considerations for investing in R&D and retooling, along with advice about positioning a company for discussions with potential business partners, including acquirers.
A couple of years ago, Dave Carson decided to transition out of his leadership role at Chem Group, a specialty chemical processing company he had built from the ground up. It was time to reap the rewards of his hard work and get a bit more balance in his life. But he definitely wasn't ready to retire. Like most successful entrepreneurs, Dave couldn't imagine going from 100 miles an hour to zero and he definitely wasn't ready to relinquish control of his “baby” – the company he had lovingly grown from a small startup into a multimillion-dollar enterprise.
COVID-19 has impacted the way organizations do business in many different ways. For some, it has dramatically adjusted their perceptions of how—and where—their employees do their jobs. While for others, it has forced a thorough re-evaluation of how they work with customers, suppliers and their extended supply chains. Here’s a glimpse at how three of our Partner Companies have been able to pivot successfully in the face of the challenges we’re all currently facing.
Topics: ORG Partner Companies
Owner Resource Group is pleased to provide the following wealth management insights from our partners at Round Table Wealth Management
Second Quarter 2020 Review
First, we hope you and your family are happy, healthy and enjoying some return to normal life.
Topics: Wealth Management
In times of economic uncertainty, where there is challenge, there is also opportunity. Now is an excellent time for organizations to look for ways to grow and take advantage of opportunities that otherwise wouldn’t be available in a thriving economy. Shifts in risk profiles have opened up the competitive landscape for strategic partnerships and acquisitions, which can be a smart way to get ahead and set your company up for success coming out of this cycle.
US Med-Equip is a Houston-based company that rents movable medical devices like respiratory equipment, incubators and infusion equipment to hospitals and health care centers across the country and around the world. Founded in 2003, USME was a fledgling company in Texas and Louisiana when Hurricane Katrina hit just two years later. They worked tirelessly by helping hospitals meet the incredible demand for medical equipment after
We are in an unprecedented situation. Traditional crisis response tactics won’t be enough: the global shutdown is creating enormous disruptions, and we need to figure out how to get our businesses safely to the other side of the crisis. To set ourselves up to survive the ongoing storm, we need to act quickly and decisively. Here are 10 ways you can lead your organization through the crisis: