◀ The Principal Blog

Job growth slows – May jobs report

This morning, the Department of Labor reported that the U.S. economy added 138,000 jobs in May, below expectations of 185,000. The unemployment rate dropped to 4.3%, which is the lowest since May 2001, but was primarily caused by a fall in the labor force participation rate. In addition to the weak…

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Separation of ownership and work when succession planning

I recently read a book by Robert Galbraith. He writes about Comoran Strike, a private investigator.  Except he is a she.  Robert Galbraith is a pseudonym for J.K. Rowling of Harry Potter fame. So what does this have to do with business succession and Employee Stock Ownership Plans (ESOPs)? A…

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