Succession

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It’s Time to Revisit Your Old Shareholder Agreement

September 1, 2020

The global pandemic has had business owners rethinking their processes, procedures, and plans. While most owners are focused on day-to-day operational matters to weather this current economic environment, many are also strategizing and revisiting corporate documents to ensure they reflect the new reality.View
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Blog, Succession

Not Ready to Transition Your Business? Hiring a President Can Be a Rewarding Alternative

December 23, 2019

For a private company owner who's ready to take a step back from the business but doesn't want to sell, hiring a president can be a rewarding alternative.View
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Blog, Succession

11 Do’s and Don’ts of Succession Planning

August 29, 2019

An ideal succession plan enables a smooth transition, minimizes disruptions to the business, and incorporates the following do’s and don’ts to achieve an effective plan.View
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Blog, Succession

A Major Challenge Facing Your Family Business Succession Plan

July 2, 2019

Studies have shown that only a third of family businesses remain successful with the second generation at the helm, and even fewer survive future generational transfers.View
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Blog, Succession

4 Reasons Why Succession Planning Matters

May 8, 2019

Various surveys have reported that a majority of business leaders consider succession planning a critical or important priority, yet few believe that their organizations do it well. The overarching question to be asked, then, is “Why does succession planning matter?”View
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Blog, Succession

6 Basics Steps for Succession Planning

March 14, 2019

Here is an outline of the basic steps that should be incorporated in most succession plans.View
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Blog, Succession

Succession Planning Best Practices

January 10, 2019

When a business owner looks to transition, it may create uncertainty and tension for both internal and external stakeholders. To alleviate concerns and minimize risks, certain steps should be taken to ensure a smooth transition.View
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When It Comes to Succession Planning, You Can Learn from Others’ Mistakes

December 13, 2018

Below are four common mistakes made by organizations that fail to properly plan for succession.View
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Blog, Succession

Succession Planning Offers Benefits, Even Before You’re Ready to Sell

October 19, 2018

As a business owner, it’s vital to ask yourself these questions in order to result in a more successful business transition.View
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Blog, Succession

4 Common Obstacles to Succession Planning

August 23, 2018

Here’s a brief look at four of the common obstacles that often get in the way of successful succession planning.View