Rusk O’Brien Gido + Partners, LLC recently released its annually updated ”A/E Business Valuation and M&A Transactions Study.” Data from the sixth-edition study show remarkable stability in valuations of minority interests in privately held A/E…
Executive Corner: Is It Time for a Shareholders’ Agreement Tune-Up?
A well-crafted shareholders’ agreement is the foundation of any professional service firm’s ownership transition plan. In privately held firms (which…
Executive Corner: When Those Aging Baby Boomers Just Won’t Retire
Alan co-founded a successful consulting engineering firm when he was in his thirties. Through the years, the practice grew steadily, adding new staff,…
Executive Corner: Is the End Near for Traditional Management/Ownership Structures?
There’s no doubt about it; attitudes regarding ownership, particularly among younger generations, are changing. Why own a car when, with the touch of your iPhone, you can summon an Uber or Lyft driver to take you where you want to go? Why own a house or…
Executive Corner: The Engineering Industry Equity Drain: Crisis or Opportunity?
While Wall Street wrings its hands over how the markets will be impacted by the Baby Boomers cashing in their 401(k)s and pensions as they leave the workforce, a generation of engineers is similarly worried about what will happen to their companies as aging…
Executive Corner: Managing by the Numbers
Although the pages of this magazine are largely devoted to the technical aspects of design and construction, this column will focus on the challenges executives face to ensure their firm’s prosperity and longevity. Through two decades of work, I’ve found…
