Here are this week’s links to a few good stories that we found and selected because we feel they might add valuable insights and perspectives for small to medium size businesses.
- And the winner is…Golden Cannoli! This Chelsea, Massachusetts based firm was selected by the Small Business Administration as the best small business in the Commonwealth. The second generation business grew from 12 employees in 2012 to 41 this year while experiencing a 38% growth in revenues last year. Congratulations to Edwin and Eric Bresciani, Valerie Bono and Maria Malloy for a job well done and continued success. To learn more about this year’s winners in all 50 states read Meet the 53 Best Small-Business People Of The Year written by Richard Feloni for Business Insider.
- While some business owners put off the inevitable, and some just don’t care, the truth is that effective succession planning is critical to ensure the long term success of every business organization. Laura Stack, writing for TLNT The Business of HR speaks to this important and often ignored strategic initiative in Succession Planning: A Crucial Ingredient for Long-Term Success.
- Regrets, yes I have had more than a few. Every business owner has them. We have all made our share of mistakes. The key takeaway here is that we learn from them and stop punishing ourselves for errors made in the past. Erika Napoletano, a columnist for American Express Open Forum, speaks of the experiences of eight business owners in 8 Successful Business Owners Who Moved Past Their Regrets. It’s a good read and in many ways therapeutic as well.
If you have any questions or would like to learn more about this topic, please reach out to Genesis HR Solutions at AskUs@genesishrsolutions.com or 800-367-8367.
Genesis HR Solutions is the premier PEO provider for Massachusetts based businesses.