"As a preliminary matter, family leaders need to decide whether the mission of their business is solely to maximize profits ...

A critical analysis of the business and industry landscape will allow the business owner to evaluate and plan for the future ...

Most designers don’t dream about handing off their business to someone else from day one—but planning to do so can net you a ...

"One of the things we learned this year is that CEO succession planning is rising up the ranks as a board priority for 2025," said Dottie Schindlinger, executive director at Diligent, in a statement.

As a result, many financial advisors have worried less about the internal organic growth required for succession planning than they ... all your options. For example, cutting back on some of ...