Double Iron Consulting

One of the things I find that hashtag #familybusiness owners struggle with most is finding a way to maintain the family values of the business while transitioning into new chapters that might involve new players and leaders within the organization. What's the secret to a smooth transition? Finding a balance and working together in collaboration. This is where an experienced 3rd party can be extremely useful to your organization. When it comes to goal setting, improving and streamlining operations, and more, a family business consultant can be instrumental to your success. Book a call with us today to learn more! https://bit.ly/3wmG14O #familybusinessconsulting #businessconsulting

Let's talk sustainability for business. Sustainable business practices are nothing new - But many small and family-owned businesses have been slow to prioritize sustainable business practices. To help, here are 5 reasons why you should: ✔️Cost Savings: Sustainable practices often lead to reduced resource consumption, energy efficiency, and waste reduction. This can result in lower operational costs over time as companies find ways to optimize their processes and use resources more efficiently. ✔️Improved Reputation: Companies that demonstrate a commitment to sustainability and environmental responsibility tend to have better reputations among customers, investors, and the public. This positive reputation can enhance brand loyalty and attract socially conscious consumers. ✔️Access to Markets and Investors: Many investors and institutional funds prioritize companies that integrate sustainable practices into their operations. By aligning with these principles, businesses can tap into a growing pool of investors and gain access to capital that might otherwise be unavailable. ✔️Employee Engagement: Sustainable practices can attract and retain top talent, particularly among individuals who value corporate social responsibility and ethical business practices. Engaged employees are often more motivated, productive, and loyal to their employers. ✔️Long-Term Resilience: Sustainability involves a long-term perspective on business operations. By considering the environmental and social impacts of decisions, companies can build resilience against future challenges and changes in the business landscape. Have more reasons why businesses should prioritize sustainability? Weigh in on the conversation in the comments below! Or, learn more tips for long-term success here ⬇️ https://lnkd.in/dazvJf4

"Those who fail to plan, plan to fail" - Benjamin Franklin Ready to set your business up for success? There's never been a better time than now. We're ready to put decades of family business experience to work for you. Book with us today to learn more about how we can help you! #businessconsulting #strategy #businessgoals

Are you seeking to protect your family business' legacy? It's crucial to protect your business from IRS scrutiny! We recently came across an article we just couldn't help but summarize and share - Here are just a few of the tax obligations every family business should pay close attention to and walk a fine line of, to keep Uncle Sam off your backs! 💰Deductions of ordinary and necessary business expenses. 💰Reasonable employee compensation for executives and family members. 💰The distribution of constructive dividends 💰Loss recognition limits for passive activity losses Check out this article for more information - https://lnkd.in/gukbyMkN Want year-round tips and guidance from a successful legacy leader? Schedule a complimentary consultation with Double Iron's Bill Smith!

As an executive managing many priorities at once, it can be challenging to take a step back and see how each initiative fits into the whole game plan. Sometimes, all you need is a fresh view from a new and different perspective. We can support your quest for internal alignment with the right support and expertise to create improved synergy across your business. Learn more: https://bit.ly/3TBsPSM #DoubleIronConsulting #Leadership #BusinessDevelopment #Consulting #BusinessGrowth

Creating a positive company culture is about more than just following rules. It's about creating a safe and collaborative work environment where where everyone can do their best work with confidence, knowing that they are empowering others to do the same. How do you start improving your company culture? It starts by creating a culture based on purpose and values. It's about respect and trust as well as listening to your employees and hearing their struggles and pain points. Remember thriving team members make successful organizations. 💡 #companyculture #workplaceculture #teamwork

According to data from the U.S. Bureau of Labor Statistics, roughly 20% of new businesses fail within their first year. How can you ensure you fall into the 80% of successful new businesses? The answer is - Business Development! Learn more about the advantages of business development, especially for startups in our latest blog. Where we cover - ✔️ The steps of business development for startups ✔️ Why business development is essential for startups ✔️ How to successfully implement a business development plan Keep reading now… https://lnkd.in/deMADYb9

In Canada alone, it's said that 60% of family businesses will be handed off to the next generation within the next decade. Which means - No matter where you operate, plan ahead and prepare for your family business' successful transition to the next generation. To help - here are 5 tips to begin now! 💸Start early and nurture emotional exposure and involvement. 💸Prepare and train the next generation allowing them to gain valuable skills and experience. 💸Encourage networking and mentorships. 💸Support the right roles for the next generation. Cultivate their passion and empower them to earn their opportunities. 💸Involve trusted and non biased advisors to help maintain harmony, improve transparency and facilitate communication. Need help with all of the above? Get in touch with Double Iron Consulting, to start preparing your family business for a generational change - even if 5, or 10 years away! Schedule a call or learn more here now➡️ https://lnkd.in/dazvJf4

Goal setting. We all do it as business owners. But so many of us leave our goals on a piece of paper without returning to measure or regroup. Before we begin setting New Year's resolutions for 2024… Let's not forget about 2023! What were the goals you set out to attain this year? Did you reach them? How can you pivot and reset your priorities to reach them with a quarter left in the year? Let us help! Double Iron Consulting specializes in: ✔️Succession Planning ✔️Leadership Development ✔️Strategic Growth ✔️Change Management ✔️Customer Experience ✔️Internal Alignment …A list of goals every business should set out to achieve to succeed! It all starts with just one call - Schedule yours now ➡️ https://lnkd.in/dazvJf4 Then drop the goals you're trying to achieve in the comments below 👇

We often talk about the importance of business consulting for established business owners. But, what about entrepreneurs? Business coaching is a great option for budding entrepreneurs who are looking to forge their own paths in business. Let's be honest - there's not a guidebook on how to become an entrepreneur. It takes dedication, persistence, and the right resources to take your idea from a dream to a reality. What's one lesson you wish you knew as a new entrepreneur? Schedule your FREE consultation today! https://bit.ly/3wmG14O #entreprenurship #businesscoaching #businessdevelopment