Family-owned businesses have unique challenges that impact their profitability – both positively and negatively. And often, the advantages that come with a family business are also the things that are most challenging. But by addressing the Six Key Components™ of your business, you can set yourself up for greater profitability. In fact, next year could be your most profitable year …

A five-person leadership team at a successful 50-year-old company recently got stuck and hit the ceiling. Two years ago they started to implement the EOS Tools on their own, but they were still dealing with several frustrations.

When I first meet with a small business leadership team, I always ask them to rate the how accountable their team is on a scale of 1 to 10. The average among teams is a 4. And inevitably there is a comment or statement made that “I wish our people were more accountable.” The question that soon follows is, “Mike, …