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Insights > From the Desk of Ryan Binkley, President & CEO of Generational Group - May 2020

From the Desk of Ryan Binkley, President & CEO of Generational Group - May 2020

By Ryan Binkley

Generational Equity Newsletter May 2020

I hope you are keeping safe and staying healthy. Our Generational team has been closely monitoring the impact of the current crisis on businesses. Many companies across a number of industries are deeply affected and finding it challenging to maintain their business operations. However, the good news is that in many parts of the country, and in many sectors, the economy is beginning to open up. We pray that this continues with great success and positively impacts your business!

Recently the National Center for the Middle Market hosted a CEO roundtable and interviewed CEOs from three very different industries about how they are adapting their business models both during this turbulent time and in the planned recovery. I found the discussion quite interesting. I hope you do too. You can listen to the recording here:

Their determination to recover, innovate, and eventually grow reminded me of a survey of business owners we reviewed in one of our Insight posts recently:

One key item really impressed me from the survey: “Nearly 40% expect their revenue to reach pre-2020 levels in six months or less and 12% think it will take only one month once the economy starts to re-open.”

This tells me that business owners are adapting and innovating during this time. We work with entrepreneurs every day and we are inspired by their courage and drive during these challenging times.

Remember, no matter what economic cycle we may be in, Generational is always here to assist with your journey as a business owner and help you create a successful exit strategy when the time comes. We are also here to be by your side, as your partner, to help guide your business along the way during this uncertain time.

If you are interested in learning more about all our services, please call us at 972-232-1121 or send an email to info@generational.com.

In closing, we wish you, your business, and your loved ones safety and good health during this time. In the midst of challenges there are always blessings and opportunities. This situation is no different. History shows us that this too shall pass, and that when it does, we will emerge stronger than before.

Ryan Binkley
President & CEO, Generational Group
https://www.generational.com

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Tom Staszak is one of the most professional people I have dealt with in my last forty years of business. You’ve got a great group of people and you have built a truly professional organization.
Michael J Polarek, President, Paragon Packaging
Generational Equity educated and informed us – so that we could be on the upside of a good decision (to sell).
Bil MacLeslie, CEO, ipHouse
I would like to thank you and your firm, Generational Equity, for being our valued advisors in our journey.
Bil MacLeslie, CEO, ipHouse
Michael worked tirelessly, He followed every lead meticulously and urgently to make sure nothing was missed.
Robert Evans, President and CEO of Mealtracker Dietary Software
We will highly recommend Generational Equity and Musa Jagne to any business owner about to embark on the same process.
Karen S. Williams, CFO, BW Manufacturing
The process was much more involved than I expected and your help, experience and advice was a big factor in making the negotiations go as smoothly as possible.
Terry D. Wickman, President, Keytroller
Greetings Mike. Thank you for the captivating and compelling presentation you made at the Phoenix presentation last week. Over many years in business yours was the most informative and well-presented presentation, on any subject, that I have ever attended! Your energy and enthusiasm combined with your concise and captivating support of your positions with easily understood examples and data was compelling.
Pete L.
Your wisdom and experience were invaluable to me during this once-in-a-lifetime transaction.
Ralph Noblin, President of Noblin & Associates
We thank you Eric and Generational Equity making our dream come true.
Larry Moore, Owner, A Company Portable Restrooms
I couldn’t have asked for a better team than Michael and Deborah. We couldn’t have done it without them.
Robert Evans, President and CEO of Mealtracker Dietary Software
Bruce and I wanted to take this opportunity to thank Generational Equity for assigning Musa Jagne to our transaction. In Bruce’s words, “Musa did one hell of a job for us!”
Karen S. Williams, CFO, BW Manufacturing
We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
I must say that I have never worked with a more driven, competent and focused individual as Don Ho.
Jay Dinnison, Owner of Sharpe Mixers
Thank you again for all your guidance and support. Any company will achieve what they intend, if they have you on their team!
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
I quickly recognized that Don was working for Sharpe Mixers above all else, and held our interests above others.
Jay Dinnison, Owner of Sharpe Mixers
The help you provided us during each step of this process made us feel very comfortable and confident we were selecting the right approach to transition our Company.
Andy Graham, Vice President, Modern Heating & Plumbing
Generational Equity’s assistance was invaluable in compiling and marketing our business.
Bil MacLeslie, CEO, ipHouse
We knew it would be a difficult task to have someone really understand our business and our market, prior to researching a possible buyer, so it was imperative that we found someone of your caliber, with definite proven experience in this area.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
Thanks again Phil and feel free to have a future client call me if they would like a referral. You are a true professional!
Andy Graham, Vice President, Modern Heating & Plumbing
We were happy to see the interest in our company and what we cherished has not just a valuable company but an important company to the communities we served in.
Larry Moore, Owner, A Company Portable Restrooms
I wanted to write you a quick letter to express our appreciation and our delight on the outcome of helping us through the process of our recent sale. We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Terry D. Wickman, President, Keytroller
We are extremely pleased with the way Generational Equity handled the sale of our company. Your associates, Tom and Chris, did an outstanding job of getting us (me) through the process.
Michael J Polarek, President, Paragon Packaging