Tag Archives: Macomb

26) Family Business Power And Control | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Identifying Family Business Power And Control Who reacts to whom? Answering this simple question is the starting point to identifying family business power and control issues. Power itself is a capacity and control is engaging the capacity. Some Laws Of Family Business Power And Control 1) Control is always negotiated. No one has control over […]

25) Assuming A Farming Operation | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Assuming A Farming Operation From The Assumer’s Perspective Most of today’s farming operations are generational in nature.  From the assumer’s (younger generation’s) perspective,  this usually means changing their role from follower to leader and from producer to visionary and motivator. This requires mentoring from the retiring patriarch, since experience is often as important as education. […]

24) Family Farm Transitions And Roles | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Family Farm Transitions Family farming operations are generational in nature, so family farm transitions often revolve around the “identities” of the two generations involved. Patriarch’s Perspective From a patriarch’s perspective, multiple changes have occurred within their lifetime.  These changes include education, size of operation, equipment required, expenses incurred, profit margins, variability of markets and land access. Together, navigating […]

23) Guest Interviews Host About Farm Exit Planning |Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Farm Exit Planning – Guest William L. Syrcle Turns Table and Interviews Exit Plan Show Host Norman A. Hood In today’s episode, clinical counselor, executive coach and family business consultant, Bill Syrcle, turns the table and interviews financial advisor and host of The Exit Plan Show, Norman A. Hood, about his farm background and farm exit […]

22) Family Business Consultant, Bill Syrcle | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Family Business Consultant, William L. Syrcle, MS In today’s episode we interview family business consultant Bill Syrcle about his career up until now, what motivated him to enter exit planning, why he likes working with farmers and how he helps farm families execute an exit plan. Background A graduate of Western Illinois University, Syrcle holds an […]

20) Conflict Resolution In Family Businesses | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Conflict Resolution In Family Businesses – Is family conflict preventing you from transitioning your business to the next generation? In today’s episode, Exit Plan Show guest and family business consultant, William L. Syrcle, talks about 1) the primary sources of family business conflict, 2) the starting point of conflict resolution and 3) the steps to final resolution. […]

18) Exit Plan Preparation For Family Businesses | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Exit Plan Preparation – Dual Roles In Family Businesses – Family members assume dual roles when they’re  in business together. That’s why their exit plan preparation needs to focus on understanding the difference between roles and positions when it comes to running a business. A business owner’s role of  task leader, social leader, manager or producer […]

16) Building Family Business Unity For Exit Plans | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Building Family Business Unity – The X-Factor – Building family business unity is essential if you want to successfully transfer your company to the next generation.  Over 75% of all businesses are family owned, but less than 1/3 are successfully transitioned from the 1st generation to the 2nd. Watch today’s episode to find how why building […]

14) Business Communication In A Successful Exit | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Lack of business communication can derail the transition of your family company… but it doesn’t have to. Today’s guest, William L. Syrcle, explains the difference between problematic and healthy business communication. Healthy business communication is the key to a successful company and a successful business exit. In fact, according to The Carnegie Foundation, 85 percent of […]