DCC acquires another Colorado company
November 18, 2021 By Danielle Pesta
DCC Propane of Lisle, Illinois, acquired Affordable Propane Gas, headquartered in Fort Morgan, Colorado. The transaction closed on Nov. 1.
Read MoreDCC Propane of Lisle, Illinois, acquired Affordable Propane Gas, headquartered in Fort Morgan, Colorado. The transaction closed on Nov. 1.
Read MoreThe executive vice president of Paraco shares some business lessons that she learned from an unlikely source – her children.
Read MoreCompanies succeed when leaders value relationships, trust and respect.
Read MoreMost family business owners expect their thriving enterprises to transfer to the younger generation with minimal fuss and bother. Reality, though, can be far different. Absent a carefully designed plan, misunderstandings and disputes can turn any business transition into a costly train wreck.
Read MoreRay Murray Sr. had to quit his job to start Ray Murray Inc (RMI). This decision was a significant one…he had dedicated 25 years to a propane equipment manufacturer. He also had a growing family. But he knew he could do better. Especially in the exceedingly important area of Customer Service.
Read MoreTom Nichols had little choice. Working in the electronics industry, he had to embrace technology and adapt to change, or the world and his competitors would pass him by.
Read MoreMany family owned businesses in this industry do a lot of things very well, yet can blunder terribly when it comes to financial matters. These errors can cost the family significant value and prevent it from achieving the very goals it set out to achieve when the business was started.
Read MoreSibling rivalries. Father–son power battles. Non-active vs. active shareholder issues. Patriarchs unable to relinquish the reins to the next generation. A family-owned propane company’s conflicts come in all types and variations.
Read MoreFamily-owned propane companies are significantly more complex in their organizational dynamics than the traditional mom and pop label often used to characterize them.
Read MoreThe universal goal of most family-owned companies is to see the business continue long-term and for it to be passed down from generation to generation.
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