Our extensive experience benefits our clients.
Trends, best practices, and industry insights are part of a Cosgrove partnership. Leverage our experience to help improve performance across your business.
Unleashing Potential Through People Strategy
Cosgrove Partners takes a unique and comprehensive approach to evaluating and optimizing the human side of businesses. Through a meticulous assessment of your organization, we tailor strategies that align individual skills with your strategic goals, ensuring that your processes and talent strategy reflect your unique culture and values.
A Guide to Successful Family Business Transitions: Part 2
Deciding to transition business ownership is a critical juncture for entrepreneurs, involving emotional, legal, technical, and business challenges. Family businesses face additional complexity, blending personal relationships with professional duties.
A Guide to Successful Family Business Transitions: Part 1
Making the decision to transition business ownership is a pivotal moment in the life of any entrepreneur. It is a complex journey marked by emotional, legal, technical, and business challenges.
How to Approach Exit Planning, and How to Know You’re Ready
Whether you are a business owner hoping to pass your business on to the next generation, or sell your legacy to the best buyer, there is a significant amount (years worth) of planning required to successfully exit.
Embracing Transparency in the Remediation Industry
Earning customer trust and satisfaction is paramount in the highly competitive landscape of remediation services. As a local, privately owned restoration company, your reputation sets you apart from the rest. In an age where information is readily accessible, customers demand transparency in every aspect of their business interactions.
Unraveling Business Intelligence in the Commercial Laundry Industry: A Path to Informed Growth
Staying ahead of the competition in the commercial laundry industry requires more than just intuition—it demands precision, insight, and the ability to transform data into actionable strategies. The national and publicly traded brands in the space have been actively investing in technology infrastructure for over a decade which has provided them a competitive advantage.
Why Does Customer Segmentation Matter in the Commercial Laundry Industry?
Commercial laundries have customers that range from a variety of industries. With a diverse assortment of customer types and needs, the emphasis on your go-to-market strategy is worth focusing on. With a broad range of customers hailing from varying industries, the importance of understanding and analyzing these customers, and their purchasing behavior cannot be overstated when putting together a marketing and sales strategy.
Navigating the Generational Gap: Bridging the Divide in Family Businesses
Family businesses often span multiple generations, each with their own perspectives, values, and priorities. Here are some strategies to navigate and bridge generational divide in family businesses.
Maintaining Family Harmony in Business Succession
Succession planning can be a complex and emotionally charged process, but there are strategies that can help you maintain cohesion during this transition. Here are some tips for maintaining family harmony during business succession:
Managing Family Business Transitions in Times of Crisis
Whether it's a global pandemic, economic downturn, or leadership transitions, family businesses must navigate complex and emotionally charged situations. Here are some strategies for managing family business transitions in times of crisis.
Strategic Planning for Family Business Transitions
Family business transitions can be complex and require strategic planning to ensure a smooth and successful transition of leadership and ownership. Here are some strategies to help you develop a strategic plan for your family business transition.
Preserve the Family Legacy: Balancing Tradition and Innovation in a Family Business
Family businesses are often built on a strong legacy of entrepreneurship, hard work, and family values. Preserving this legacy while balancing tradition and innovation can be a challenging task. Here are some areas to consider to help you maintain the family legacy while embracing innovation and growth.
Does Emotional Intelligence Play a Role in Family Business Transitions?
Family business transitions are complex and emotionally charged processes that require careful navigation. Let's explore the impact of emotional intelligence in family business transitions and how it can contribute to long-term success.
How does Technology Impact Family Business Transitions?
The integration of technology into family businesses can both facilitate and complicate the succession process. Let's explore the ways in which technology influences family business transitions and how CEOs can navigate this digital transformation.
Family Business Values: Upholding Culture and Identity
Family businesses are known for their strong, distinctive cultures that are often heavily influenced by the vision, style, and values of the founder. These values and culture play a crucial role in shaping the company's identity and can serve as a competitive advantage in attracting customers and talent. Here are some key insights and strategies to help you maintain and capitalize on your family business values.
Is AI relevant to my family business?
Modern business is changing, in part because of emerging tools and platforms that digitally transform how we work. At the center of the change is artificial intelligence (AI). Companies of all sizes are evaluating these emerging technologies to improve operations and stay competitive. AI has the potential to transform the way businesses operate, and family businesses are no exception.
Retention Strategies for Today’s Workplace
Next month’s Textile Services magazine will feature a topic near and dear to many in the linen, uniform, and facility services industry: the need for effective strategies to retain employees. Highlights of the ideas suggested by industry consultant Katie Cosgrove follow.