FROM THE CHAIRMAN

 
We got a very positive response to our inaugural newsletter.  Thanks for the feedback.  

In this edition we highlight Health Savings Associates, one of the companies we have mentored, and share the lessons learned .  We also have an article on how to avoid a public relations disaster from Stalwart Communications; how you can get in front of HR vulnerabilities before they cost you a lot of money from Insperity; and, how to set up a contingency plan for business transition in your estate plan from Christopher Weil & Company.   

If you have a business need, reach out to any of our mentors, sponsors or partners, you will be glad you did.  My email address is DaveCox@ChairmensRoundTable.com. 

I would love to hear from you.                                           Dave Cox 

CLIENT CASE STUDY

HELPING A FAMILY-OWNED BUSINESS REALIZE THEIR FULL POTENTIAL

Several years ago Dane & Katherine Chapin bought out Brad Chapin's original partner in Health Savings Associates Inc.,("The HSA Team"),  a full service employee benefits and life/health insurance agency. The Chapin's brought new capital and talent to help the company focus their marketing and sales on Health Savings Accounts (HSA's).  In spite of the high growth rate of HSA sales, overall company revenue was not growing as expected and profitability was flat.      

                                                     Read Full Case Study 

PR RULE #1 - THE GENIE WILL NOT GO BACK IN THE BOTTLE

Contributed by CRT Sponsor, David B. Oates, APR

  "I was at a high profile networking event in San Diego earlier this year....halfway through the talk the moderator announced to the room how much he appreciated his guest's candor and reasoned his willingness to do so in part because he told him that the audience would not blog or tweet about his statements nor could he expect any press coverage from it. He obviously didn't talk to me or anyone else in charge of securing such interest. For if he did, he would have known that there were four reporters in the room." 

HR TASKS YOU DON'T DO TODAY CAN COST YOU BIG TOMORROW

Contributed by CRT Sponsor, Kathryn Justyn

   

Business owners are on call 24 hours a day, 365 days a year. In order to fit it all in, you're forced to prioritize and cut the fat off your to-do list. And unfortunately, human resource responsibilities usually take a backseat to more pressing matters.  

Putting off or having a lack luster HR function can become so habitual that you don't even notice when it's happening or how it's affecting your business. 

                                                   Read Full Article and Comment

LET'S GET SERIOUS - WHAT HAPPENS TO THEM IF SOMETHING HAPPENS TO YOU?!

Contributed by CRT Sponsor, Christopher Weil

  

True or false:  "Families with substantial means almost always have a relatively high level of financial sophistication."  

The answer is ... 

                                                       Read Full Article