What is succession planning for business owners? How does this affect the short and long-term interests of your company and its value? Why should you be concerned about succession planning if you own ...

What is business succession planning, and why is this an important and essential component of forming any new entity or protecting an existing business interest? Business succession planning protects ...

Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

You may be nearing a moment when the conversation shifts from running the business to securing its future. The choice is simple but decisive. The timing has never been more important. The challenge, ...

“From a legal standpoint, a strong succession plan involves more than just identifying successors, it requires formal documentation to assist in making enforceable and efficient transitions that align ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. You’ve put the proverbial blood, sweat and tears into ...

Helping to ensure business longevity and preparing for a smooth leadership transition are among the reasons owners of Black small businesses (SMBs) should consider succession planning. Trimming the ...

As part of NJBIZ’s latest virtual panel, participants discussed how family businesses can survive and thrive across multiple generations. Earlier this month, Trump signed into effect sweeping tax and ...

When I launched my financial planning firm, WealthChoice, nearly nine years ago, I wanted to serve clients the way I knew they deserved, build flexibility into my life and create a business that ...

For a profession that prides itself on crunching numbers, analyzing data and creating complex financial strategies, financial advisors often fall far short when it comes to planning for their own ...

Succession planning is one of the most sensitive strategic issues for heritage brands. We speak to experts about how to ...