What is Business Succession Planning? Business succession planning is the process in which long-term needs are identified and addressed. The main concern in succession planning is in providing for the continuation of business... Continue Reading
Based on multiple studies and statistics, the sad truth is that divorce is virtually inevitable in any sizable family. Divorce can be a severe disruption to a family business, so as much advanced planning as possible should be... Continue Reading
Based on multiple studies and statistics, the sad truth is that divorce is virtually inevitable in any sizable family. Divorce can be a severe disruption to a family business, so as much advanced planning as possible should be... Continue Reading
Business succession planning is often complex, and professional guidance involving many disciplines may be warranted. A team approach of the following advisors can be beneficial to the estate planner and the business... Continue Reading
Start business succession planning early. Five years in advance is good. Ten years is better. In fact, many business advisors tell budding entrepreneurs to build an exit strategy into their business plan. READ... Continue Reading