What is business succession planning, and why is this an important and essential component of forming any new entity or protecting an existing business interest? Business succession planning protects ...

Not many business owners have a succession plan in place, but SBA data hints at a smart way forward.

A few weeks ago, I outlined the importance of making an exit plan—strategically mapping out a path to eventually leaving your business. There are many ways to exit a design firm, but one of the most ...

Spring is not only a good time to sell a home, but a business as well. Nevertheless, a sale takes years of planning and ...

In 2014, I achieved something that’s considered a dream for many: I became president and CEO of GSR Brands, the fast-casual restaurant organization my family founded in 1965 that now boasts two ...

A growing number of US small business owners are grappling with economic uncertainty, tech transitions and succession concerns, according to the latest Small Business Perspective survey released by US ...

You may be nearing a moment when the conversation shifts from running the business to securing its future. The choice is simple but decisive. The timing has never been more important. The challenge, ...

If you’re the owner of a small or mid-size business, chances are your company represents a large portion of your net worth. That’s especially true for many Baby Boomers like me. Over the past few ...

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 ...

Many owners of SME are unprepared, unaware and under‑advised when it comes to exit. Advisers who close these gaps can create enormous value.

Black businesses should make succession planning a priority alongside boosting revenue and adding customers. Helping to ensure business longevity and preparing for a smooth leadership transition are ...