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Succession Planning

Stepping Into Big Leadership Shoes? 3 Ways to Bring Your Own Pair.
business succession

Stepping Into Big Leadership Shoes? 3 Ways to Bring Your Own Pair.

When I took over my father's company after his death, I realized the importance of making smart decisions and not trying to fit into someone else's shoes.
Kelly Vlahakis-Hanks. | 6 min read
How to Plan for Succession When There's No One to Succeed You

How to Plan for Succession When There's No One to Succeed You

Smart business leaders know they need to have someone in place who can sub in or replace them in case of emergency or opportunity. But sometimes it doesn't look like there's anyone who's appropriate or ready. Here are some things you can do.
Liz Kislik | 5 min read
Your Family Business Won't Survive If You Don't Plan for the Leadership Transition

Your Family Business Won't Survive If You Don't Plan for the Leadership Transition

You need to transition from "power player" to "people builder."
Lisë Stewart | 6 min read
What Every Startup Must Do to Get Investor Ready

What Every Startup Must Do to Get Investor Ready

Raising capital isn't easy, but luckily you can make all the right things ahead of time to be good to go when opportunity knocks. Fortune favors the prepared founder.
Ryan Himmel | 4 min read
This Company Conducted a $1.2-Billion Restructuring as Part of Succession Planning -- Here's What You Need to Do to Prepare for a Leadership Change

This Company Conducted a $1.2-Billion Restructuring as Part of Succession Planning -- Here's What You Need to Do to Prepare for a Leadership Change

How entrepreneurs and business owners can prepare for the next generation of leadership.
Randy Banchik and Joe Dykstra | 9 min read

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An Emergency Safety Valve: The Case for Entrepreneurial Estate Planning
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An Emergency Safety Valve: The Case for Entrepreneurial Estate Planning

Protect your assets and safeguard your family's future with three documents that detail what will happen when you're unable to make decisions later.
Ellie Martin | 5 min read
How to Transition to Employee Ownership
Succession Planning

How to Transition to Employee Ownership

If your exit plan involves your employees taking over, these smart tips will help ensure that they're ready when you walk out the door.
The Staff of Entrepreneur Media, Inc. | 7 min read
Family Succession Planning: How to Do It Right
Succession Planning

Family Succession Planning: How to Do It Right

Here are 5 tips to make the handoff to the next generation a strong one.
The Staff of Entrepreneur Media, Inc. | 7 min read
Succession Planning: How to Ensure Your Business Will Thrive Without You
Succession Planning

Succession Planning: How to Ensure Your Business Will Thrive Without You

When you begin planning your exit from the company you founded, these eight tips will help you smooth the way.
The Staff of Entrepreneur Media, Inc. | 6 min read
2 Roadblocks to Successful Leadership Transitions
Business Plans

2 Roadblocks to Successful Leadership Transitions

A solid succession plan and a few ground rules are essential when selling your business.
Beth Miller | 4 min read
But Did You Die? Keep the Business Alive If You're Not Around.
Business Planning

But Did You Die? Keep the Business Alive If You're Not Around.

How would your business survive if you stepped away for a day, a week, or forever?
Mike Wood | 7 min read
Leave Policies Are Leaving Out Some Key Opportunities
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Leave Policies Are Leaving Out Some Key Opportunities

The only expectation most companies have from employee leave policies is that the worker returns. That's short-sighted.
Ray Hennessey | 5 min read
The Heir Apparent to Disney CEO Bog Iger Steps Down
Executive Change

The Heir Apparent to Disney CEO Bog Iger Steps Down

Thomas Staggs will end his current role early next month, but will remain with the company through the fiscal year.
CNBC with Reuters | 2 min read
Now Is the Time to Think About Your Small-Business Succession Plan
Succession Planning

Now Is the Time to Think About Your Small-Business Succession Plan

Will you be leaving control of your company to family or your employees? Or will you just sell it to an interested party?
Stephen Sheinbaum | 5 min read
Use Make-a-Will Month to Plan Your Small-Business Exit Strategy
Succession Planning

Use Make-a-Will Month to Plan Your Small-Business Exit Strategy

Your business plan should also take into consideration what happens when you are no longer here.
Susan Solovic | 3 min read
Succession Planning

Who will take the reins when you leave? One of your greatest legacies is a well-thought-out plan that helps put in place the leadership that your company needs to continue for years to come.