Strategies for Success
August 2018
Strong Culture is Essential
By John Mellage, CPA, Sobel & Co.
In this second of a series of blogs regarding characteristics of successful companies I will focus on the valuable role of the company’s culture.

What is a corporate culture?
The concept of ‘culture’ reflects the ability of a company or a nonprofit to define itself by the shared customs, institutions, processes, goals, values and achievements that everyone in the company embraces. By having a common set of stated core beliefs, the company can behave more consistently and reliably.

What's New at Sobel & Co. and Sobel Tinari Economics Group
On August 1, 2018, our firm participated in our eighth annual Day of Community Service – the culmination of months of hard work, preparation and fundraising at Sobel & Co.

Each year the firm selects a nonprofit organization from the tri-state area, focusing on raising awareness and raising revenue in support of the organization and its mission.

The 2018 effort, led by the firm’s summer audit interns, was coordinated with our Human Resource professionals. Emily Sobel-Grise and Molly Lockwood who offered guidance as the five interns took charge.

How a Family Business Survived Transition
Less than one third of family businesses survive the transition from first to second generation owners.

That’s simply a fact as shared by an article on family business sustainability published by Forbes Magazine. It is also a familiar statistic often quoted by those consultants who serve families in business and by those who own and work in family businesses.
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