smart ideas
WE NEVER WASTE A SMART IDEA
RFN Advisory Group’s smart ideas page brings together original and curated content from innovators and thought-leaders in value acceleration and transition-readiness, as well as other related areas.
Embrace the fall, comfy, relaxed spirit and settle in with any or all of these impactful reads.
12 months of life-changing reading for you and your business.
What do high art, The Last of Us and VUCA have in common?
“The creation of something new is not accomplished by the intellect but by the play instinct acting from inner necessity. The creative mind plays with the objects it loves.”
– Carl Jung
Are you and your business rolling with the punches? Or getting knocked out?
If we assume VUCA is an adversarial environment – hostile to our short and long-term business interests – we bypass our cognitive biases telling us to dismiss what threatens our needs. We assume a posture of response rather than reaction and our approach to risk management switches from defensive to offensive.
This new year, we’re ditching analysis paralysis by embracing the bare minimum. Will you join us?
In our work with business owners, something is almost always better than nothing. A hastily concocted contingency plan trumps no contingency plan. Half-baked ideas about life-after business dreams and goals beat no ideas. We aren’t advocates for shoddy work, but we are aware of the human condition and the last thing a good advisor wants is for a (potential) client to disengage because they’re afraid of falling short of perfection.
The Importance of a Team Approach in Business Transition Planning
It is important to have the right people and professionals around the table to help you achieve your optimal transition from business ownership. Even with long-standing advisors, experience in transitioning a business is critical to your success.
Having the right people in your corner will have a positive impact on the outcome. Learn more.
When is it time to develop an exit strategy?
This article by guest writer, Julie Keyes, CEPA offers insight into three important things you can do for your business. These changes will help you have more control over your business transition, no matter how near or far in the future.
Five Planning Mistakes Family Businesses Can Make When Planning for Transition
Keeping a family functional and communicating can be difficult at the best of times. Add in a family business, especially an inter-generational business. There are five common planning mistakes family businesses make when it comes to succession planning.
Gearing Up: Preparing for Balanced Sales Acceleration
When it comes to business, all growth is not created equal. This article looks at when growth brings value and when it doesn’t.