GROWTH THROUGH PARTNERSHIP, EVEN IN UNCERTAIN TIMES

Posted by Melissa Sprinkle on Jul 17, 2020 8:00:00 AM

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.

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Topics: ORG Partner Companies, Covid19

ORG PARTNER COMPANIES SUPPORTING THEIR COMMUNITIES

Posted by Mandy Patterson on Apr 10, 2020 10:45:00 AM

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 the natural disaster. Because of the hurricane, many of their hospital customers were in financial turmoil, having had damage to or lost their facilities, and were therefore slowing payments to USME. The Company managed through and they learned a lot of important lessons on crisis management, which has helped them every subsequent crisis through the one we are facing today with COVID-19.

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Topics: ORG Partner Companies, crisis management

LEADERSHIP IN CRISIS: 10 TIPS FOR WEATHERING THE STORM

Posted by Jessica Borowy on Apr 2, 2020 9:42:00 AM

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:

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Topics: Resources, crisis management

YOUR BUSINESS 2.0: PASSING THE TORCH TO THE NEXT GENERATION

Posted by Will Burnett on Jan 8, 2020 10:15:00 AM

It's taken you years to build your business – you've been at the helm for its successes, helped it recover from setbacks, and created an incredible legacy that you're proud of. So what's next?

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Topics: Business Transition, Succession Planning

ADDING A CAPITAL PARTNER: A WIN-WIN FOR OWNERS AND MANAGEMENT

Posted by Will Burnett on Dec 30, 2019 9:41:00 AM

As a key executive in a privately-owned business, you may find yourself feeling differently than the founder/owner about the direction the business is taking. After you’ve put a good chunk of your career into helping the company grow, running up against resistance to your vision can be frustrating.

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Topics: Business Transition

2019 YEAR-END TAX PLANNING

Posted by Will Burnett on Dec 19, 2019 9:46:00 AM

Owner Resource Group is pleased to offer valuable Year-End Tax Planning Advice from our friends at accounting firm Maxwell, Locke and Ritter. Hopefully these tips will help set you and your business up for success as we all continue to navigate changes from the Tax Cuts and Jobs Act (TCJA) of 2017.

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Topics: Business Tax Planning

6 THINGS TO THINK ABOUT BEFORE A BUSINESS TRANSITION

Posted by Jessica Borowy on Oct 10, 2019 8:00:00 AM

You’ve put a lot of sweat equity into your business, and you’re invested (both financially and emotionally) in seeing it succeed. But what happens when you want to step back a bit – or step down completely? What if the competitive landscape in your industry has changed and you must adapt? Are you up for the challenge at this point in your life? Do you want to give loyal employees the opportunity to take on these challenges – or start passing the torch on to the next generation of family members?

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Topics: Business Transition