Succession Planning: Page 2

Business News

What Mobsters Can Teach Elon Musk About Succession Planning

Lessons from organized crime about orderly transitions of power.

Thought Leaders

4 Lessons on Succession Planning for Entrepreneurs

In honor of National Life Insurance Month, a quick primer on what you should be doing now.

Finance

Succession Planning - Myths Vs Facts

In the wake of COVID-19 and the uncertainty it presents, it is imperative to revisit succession planning and understand what it entails to sustain and survive large businesses

Operations & Logistics

5 Factors for Planning Your Entrepreneurial Legacy

Surviving day-to-day economic realities may make thinking ahead feel like a luxury, but now is the perfect time to lay it all on the line.

Growing a Business

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.

Leadership

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.

Growing a Business

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."

Thought Leaders

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.

Leadership

#6 Tips for Smooth Transition in Family Businesses from One Generation to the Other

Numerous business counsellors advise maturing business people to fabricate a leave system directly into their strategy for success

Legal

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.

Leadership

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.

Growing a Business

Family Succession Planning: How to Do It Right

Here are 5 tips to make the handoff to the next generation a strong one.

Money & Finance

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.

Business Plans

2 Roadblocks to Successful Leadership Transitions

A solid succession plan and a few ground rules are essential when selling your business.