We live in a world where many are chasing the American dream. For many, that includes making a living doing what you love and could mean owning your own small business. However, as the owners of small ...

What is business succession planning, and why is this an important and essential component of forming any new entity or ...

It’s never too early to think about how your family business will continue into future generations. With that in mind, where is your family business today in its succession planning journey? These ...

Business succession planning is widely recognized as a crucial component of ensuring a company’s longevity. However, many owners still lack formal plans in place. How common is business succession ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The television show “Succession” received a lot of buzz ...

Why should every business owner consider or revisit business succession planning at this time of year? The simple answer: Business succession planning protects owner and company alike. It protects all ...

When you work for someone else, leaving a company can be as simple as giving your notice or announcing your retirement. But when you own a business, leaving is a little more complex. You need a plan, ...

“From a legal standpoint, a strong succession plan involves more than just identifying successors, it requires formal documentation to assist in making enforceable and efficient transitions that align ...

Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

For financial professionals working with business owners, navigating the intricacies of succession planning can be daunting. That’s why Allianz Life Insurance Company of North America (Allianz) has ...

As the “silver tsunami” peaks in 2025, a significant wave of New Jersey’s baby boomer business owners will reach retirement age, prompting critical succession planning decisions. Will their children ...

Farm Journal is celebrating the next generation of American agriculture. Our goal is to encourage you to plan for the future and cultivate multigenerational success through the transfer of skills and ...