Most family businesses claim to have a succession plan in place, but many of those are informal, increasing the chance that a transition of business ownership might not go smoothly. Here are some tips to ensure a solid plan is in place.
No change in your company should go forward without a revision to your business plan
There are several options for contractors to choose from when it comes time to finance a startup. Researching each one is the first step.
Even if you’re years away from retirement, it’s wise to keep tabs on your government retirement benefit and adjust plans accordingly
Having reachable benchmarks will help you and your crew manage the goals that you've set
Adding new technology to your company’s operations can be exciting, but make sure you don’t end up regretting the move later
Business plans keep new owners on track in their goal of developing a successful company
Weeding through the details of all the different retirement account options can get confusing, but no matter your age, the time to start saving for retirement is now. Learn more about six common types of plans.
