When a business owner is ready to retire, sometimes the next steps go off without a hitch. Other times, it’s not so easy.
You will not run your business forever. Whether you’re keeping it in the family or selling to an outside party, having a solid plan ahead of time will ensure the health of your company long after you are gone.
Whether you’re on the verge of retirement or still squarely at the head of all company operations, it is wise to have a solid succession strategy in place
Long-running, small family-run companies are to be applauded. But sometimes generational challenges threaten this wonderful institution.
A clear plan will keep your business and family financially stable if anything happens to you
