This document discusses Bramlett Mechanical Company, a plumbing, HVAC, and low voltage company operating in Georgia since the 1950s. It outlines BMC's hierarchy and values, including customer satisfaction and upholding their reputation for service. The document also discusses the pros and cons of small business ownership, such as autonomy but also investment and pressure. Finally, it provides tips for small business credit management and references used.
There are over 10 million family businesses in the United States, and $4.5 trillion of equity in these businesses are predicted to transfer in the next five years. But successful succession is a real challenge for family businesses (67% failure rate), so here is an overview with suggestions to help plan for succession success.
Note: This was designed in PPTX 2007 with lots of animation that is lost in slideshare, so I've removed all the animations and converted it to a ppt. But some Slideshare glitches come through (white backgrounds turn black, background photos that don't screen back)
There are over 10 million family businesses in the United States, and $4.5 trillion of equity in these businesses are predicted to transfer in the next five years. But successful succession is a real challenge for family businesses (67% failure rate), so here is an overview with suggestions to help plan for succession success.
Note: This was designed in PPTX 2007 with lots of animation that is lost in slideshare, so I've removed all the animations and converted it to a ppt. But some Slideshare glitches come through (white backgrounds turn black, background photos that don't screen back)
ERTMS Solutions is specialized in the development of innovative products for the railway signalling world, and for a majority of them compatible with the European railway signalization standard ERTMS/ETCS.
ShenZhen QianZibaimei Cosmetics industrial Co., LTD. specializes in researching and development of beauty cosmetics sponge products.
The company with the strong strength in researching and developing can design new products for customer, constantly blaze new trails and put your ideas into the products with more advantages in market.
We have achieved the BSCI, SGS, ISO9001 certificates. Our products also passed the skin stimulate test.
Our company has been recognized by the peer industry due to the popularity of our products in general market. So far, we have established good relationships with many domestic and international companies.
ZENITH TECHNOLOGIES provides innovative, reliable and technically advanced process measurement, automation and MES solutions to the process, pharma/biotechnology, food and electronic sectors.
Developing the right solution requires a special mix of engineering and application expertise. Our team of experienced professionals delivers tangible results right through the project lifecycle.
A slideshow I use when I give a one-day talk on organizational change. Part of a three module executive education program at IFL - Stockholm School of Economics.
Case Study The HouseCallCompany.comAbstractThe case desc.docxwendolynhalbert
Case Study: The HouseCallCompany.com
Abstract:
The case describes an actual small business and the efforts to grow the business by the original owner. The case addresses a demonstration of the owner’s faith by his rehiring a worker who was previously terminated. The founder and owner of the business grapples with the perceived failure of the person who he has rehired; as well as with letting go of his directive leadership approach to allow others to lead; and a contrasting leadership style. The case presents challenges for students to consider not only the expression of their faith but also the different types of approaches to managing a small business.
INTRODUCTION
In 2014, Dean Thomasson, president and CEO of The House Call Company, had just finished a series of annual reviews with the key managers in his small but growing home performance business. Thomasson’s business model was a relatively new approach in the industry, a “home performance” model in which an HVAC (heating, ventilation, and air conditioning) contractor collectively considered all of the energy systems in a home in order to cross-sell energy services to the homeowner (Troast, 2014). This model was the next step in the growth of Thomasson’s original HVAC entrepreneurial start-up, and there was much to celebrate as reflected in the 50 percent increase in sales from the previous year (see Table 1). The prospects of future growth looked promising.
With the recent acquisition in March 2014 of a small cash-strapped HVAC business, Thomasson Enterprises (dba TheHouseCallCompany.com) had expanded its footprint in coastal Virginia and was now positioned for greater growth in the newly constituted home performance industry (ACI, 2012). Having demonstrated success with an increase of sales of $1 million over the previous year (see Table 1), and with the company striving to reach $4.5 million in sales in the coming year, Thomasson and his Operations Manager *Ray Ward were hoping that with the addition of a knowledgeable industry technician into the Service Manager position, they could grow the Repair and Service lines of their home performance business substantially in the future (see Exhibit 1).
Yet Thomasson had come away from the annual reviews with questions in his mind about the performance of his Service Manager, *Frank Whiting
. Whiting had good experience and strong industry knowledge and was originally hired by Thomasson into a Service Technician role, with the belief that he could groom Whiting for the Service Manager position. This Service Technician role was critical to the company’s future success as it was responsible for inculcating Thomasson’s core values in customer-facing employees and promoting value-added, revenue generating services. However, Thomasson was losing confidence in his Service Manager, a man that he recently rehired and to whom he had offered a second chance.
Several years earlier, Whiting was dismissed from the company due to his unwil ...
ERTMS Solutions is specialized in the development of innovative products for the railway signalling world, and for a majority of them compatible with the European railway signalization standard ERTMS/ETCS.
ShenZhen QianZibaimei Cosmetics industrial Co., LTD. specializes in researching and development of beauty cosmetics sponge products.
The company with the strong strength in researching and developing can design new products for customer, constantly blaze new trails and put your ideas into the products with more advantages in market.
We have achieved the BSCI, SGS, ISO9001 certificates. Our products also passed the skin stimulate test.
Our company has been recognized by the peer industry due to the popularity of our products in general market. So far, we have established good relationships with many domestic and international companies.
ZENITH TECHNOLOGIES provides innovative, reliable and technically advanced process measurement, automation and MES solutions to the process, pharma/biotechnology, food and electronic sectors.
Developing the right solution requires a special mix of engineering and application expertise. Our team of experienced professionals delivers tangible results right through the project lifecycle.
A slideshow I use when I give a one-day talk on organizational change. Part of a three module executive education program at IFL - Stockholm School of Economics.
Case Study The HouseCallCompany.comAbstractThe case desc.docxwendolynhalbert
Case Study: The HouseCallCompany.com
Abstract:
The case describes an actual small business and the efforts to grow the business by the original owner. The case addresses a demonstration of the owner’s faith by his rehiring a worker who was previously terminated. The founder and owner of the business grapples with the perceived failure of the person who he has rehired; as well as with letting go of his directive leadership approach to allow others to lead; and a contrasting leadership style. The case presents challenges for students to consider not only the expression of their faith but also the different types of approaches to managing a small business.
INTRODUCTION
In 2014, Dean Thomasson, president and CEO of The House Call Company, had just finished a series of annual reviews with the key managers in his small but growing home performance business. Thomasson’s business model was a relatively new approach in the industry, a “home performance” model in which an HVAC (heating, ventilation, and air conditioning) contractor collectively considered all of the energy systems in a home in order to cross-sell energy services to the homeowner (Troast, 2014). This model was the next step in the growth of Thomasson’s original HVAC entrepreneurial start-up, and there was much to celebrate as reflected in the 50 percent increase in sales from the previous year (see Table 1). The prospects of future growth looked promising.
With the recent acquisition in March 2014 of a small cash-strapped HVAC business, Thomasson Enterprises (dba TheHouseCallCompany.com) had expanded its footprint in coastal Virginia and was now positioned for greater growth in the newly constituted home performance industry (ACI, 2012). Having demonstrated success with an increase of sales of $1 million over the previous year (see Table 1), and with the company striving to reach $4.5 million in sales in the coming year, Thomasson and his Operations Manager *Ray Ward were hoping that with the addition of a knowledgeable industry technician into the Service Manager position, they could grow the Repair and Service lines of their home performance business substantially in the future (see Exhibit 1).
Yet Thomasson had come away from the annual reviews with questions in his mind about the performance of his Service Manager, *Frank Whiting
. Whiting had good experience and strong industry knowledge and was originally hired by Thomasson into a Service Technician role, with the belief that he could groom Whiting for the Service Manager position. This Service Technician role was critical to the company’s future success as it was responsible for inculcating Thomasson’s core values in customer-facing employees and promoting value-added, revenue generating services. However, Thomasson was losing confidence in his Service Manager, a man that he recently rehired and to whom he had offered a second chance.
Several years earlier, Whiting was dismissed from the company due to his unwil ...
Case Study: The HouseCallCompany.com
Abstract:
The case describes an actual small business and the efforts to grow the business by the original owner. The case addresses a
demonstration of the owner’s faith by his rehiring a worker who was previously terminated. The founder and owner of the
business grapples with the perceived failure of the person who he has rehired; as well as with letting go of his directive leadership
approach to allow others to lead; and a contrasting leadership style. The case presents challenges for students to consider not only
the expression of their faith but also the different types of approaches to managing a small business.
INTRODUCTION
In 2014, Dean Thomasson, president and CEO of The House Call Company, had just finished a
series of annual reviews with the key managers in his small but growing home performance business.
Thomasson’s business model was a relatively new approach in the industry, a “home performance” model in
which an HVAC (heating, ventilation, and air conditioning) contractor collectively considered all of the
energy systems in a home in order to cross-sell energy services to the homeowner (Troast, 2014). This model
was the next step in the growth of Thomasson’s original HVAC entrepreneurial start-up, and there was much
to celebrate as reflected in the 50 percent increase in sales from the previous year (see Table 1). The
prospects of future growth looked promising.
With the recent acquisition in March 2014 of a small cash-strapped HVAC business, Thomasson
Enterprises (dba TheHouseCallCompany.com) had expanded its footprint in coastal Virginia and was now
positioned for greater growth in the newly constituted home performance industry (ACI, 2012). Having
demonstrated success with an increase of sales of $1 million over the previous year (see Table 1), and with the
company striving to reach $4.5 million in sales in the coming year, Thomasson and his Operations Manager
*Ray Ward were hoping that with the addition of a knowledgeable industry technician into the Service
Manager position, they could grow the Repair and Service lines of their home performance business
substantially in the future (see Exhibit 1).
Yet Thomasson had come away from the annual reviews with questions in his mind about the
performance of his Service Manager, *Frank Whiting1. Whiting had good experience and strong industry
knowledge and was originally hired by Thomasson into a Service Technician role, with the belief that he
could groom Whiting for the Service Manager position. This Service Technician role was critical to the
company’s future success as it was responsible for inculcating Thomasson’s core values in customer-facing
employees and promoting value-added, revenue generating services. However, Thomasson was losing
confidence in his Service Manager, a man that he recently rehired and to whom he had offered a second
chance.
Several years earlier, Whiting was d ...
Synergy2016 – I want to work for you (the importance of an employer brand) - ...Total Synergy
Total Synergy corporate communications manager Jamie Millar talks about what we learned in creating and implementing an employer brand strategy, why it has critical strategic importance, and how SME AEC businesses can create their own.
The term used by SMEs in the European Union and other international organizations to refer to small and medium enterprises – companies that have a limited number of employees is determined.
Business Owners - Succession and Transition Planning - Presented by VisionOneJoshua Kluver, MBA
If you are a business owner who will be transitioning your business (either to your children or by sale) in the next 5-10 years, this is a must see. Most business owners are not properly prepared to transition their business and this slide can help you start to think about what that looks like.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
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3. WHAT IS BMC?
Plumbing,
low voltage
and
commercial
and
industrial
HVAC
services
Providing
the state of
Georgia
since the
mid 1950's
Deliver
customer
satisfaction
while
working
with
customers
and
contractors
every step
of the way”
“Having the
right man
with the
right tools"
Upholding
our
reputation
for service,
as well as
satisfaction.
7. 7 HABITS OF GREAT SMALL
BUSINESS OWNERS
They have lives
outside their business
They take care of
themselves
They look forward
They are organized
They nurture
relationships
They make decisions
They cut the fat
14. TOP FIVE TIPS TO MANAGE CREDIT AS
A SMALL BUSINESS OWNER
Manage Your Cash Flow
Take Advantage of Business Specialists
Get the Most Out of Rewards
Keep Track of Your Finances and Expenses
Stay in Control
15. REFERENCES
Atouchofbusiness.com,. The Pros and Cons of Owning Your Own
Business. Retrieved 17 February 2015, from
http://www.atouchofbusiness.com/guides/start-
up/pros-and-cons-of-owning-your-business.html
Authority, N. (2013). 7 Habits of Great Small Business Owners.
Forbes. Retrieved 17 February 2015, from
http://www.forbes.com/sites/thesba/2013/02/26/7-
habits-of-great-small-business-owners/
Bramlettmechanical.com,. (2015). Bramlett Mechanical. Retrieved
17 February 2015, from
http://www.bramlettmechanical.com/
Carter, C. (2014). The Pros and Cons of Owning a Business. Hostway Blog. Retrieved from
http://www.hostway.com/blog/the-pros-and-cons-of-owning-a-business/
16. REFERENCES (CONTINUED)
Gilmore, A., Carson, D., & O'Donnell, A. (2004). Small business
owner-managers and their attitude to risk. Marketing
Intelligence & Planning, 22(2/3), 349-360.
doi:10.1108/02634500410536920