Blog

Beginning in 2012 Synthesis Solutions is tapping into the world of experts on LinkedIn and beyond to create Great Conversations around specific business topics, which are also being published in our Synergies Blog/Bulletin . We inaugurated the series by creating a robust conversation of Leadership Principles based on “The Five Practices of Exemplary Leadership” from the book “The Leadership Challenge” by James M. Kouzes, Barry Z. Posner.

• Leaders model the way
• Leaders inspire a shared vision
• Leaders challenge the ...

HOW RECENTLY INCARCERATED INDIVIDUALS ARE LEVERAGING THEIR ENTREPRENEURIAL TALENTS

Over this past year I’ve had the privilege of teaching several 10 week startup business classes specifically designed for individuals reentering society. This has been one of the most gratifying experiences I have had in my business career and I’d like to share the story with you.

Credit for the concept of providing a course on entrepreneurship and writing a business plan goes to Mr. Larry Sachs of the Chicago Police Department. A ...

Beating Commoditization

While there are encouraging signs of better days to come for some industries, the recession continues to take its toll as competing companies slash prices in order to survive. Especially hard hit are those that didn’t crack the commoditization code before the economic downturn. Industries with a low barrier to entry are even more prone to competitive price pressure because buyers see no difference between providers except price.

Some reasons why your product or service may be viewed as a ...

Looking Beyond Your Immediate Staffing Needs

Rapid growth can feel like you’re caught in a storm, that is why it’s important to read the forecast in order to be properly prepared.

When firms experience rapid growth they generally find themselves adding staff quickly, and with less diligence, in order to get their immediate needs met ASAP. The long term consequences of this knee-jerk reaction can be very costly, both in terms of hard dollars as well as morale. This is especially true ...

If you are thinking of selling your business it is essential to objectively assess its performance in all key functional areas, through the eyes of a strategic or financial buyer.

Prior to the credit crunch and the resulting shrinkage of investment capital, a significant number of lower market middle businesses were being sold at higher multiples of adjusted earnings (EBITDA) than what can be expected now. Many of these were owned by baby boomers that notably are transitioning out of their ...