Family businesses are essential to the economy, but only one in three makes it past the second generation. Succession planning is crucial for the future of these businesses and our communities.

Preparing for a leadership transition ensures that your nonprofit can keep operating — and fulfilling its mission — no matter who is at the helm. A long-term plan can help your fundraising, too: You ...

Buffett separates culture from operations in succession planning, offering wealth advisors a framework for guiding families ...

Between focusing on growing your business to making decisions that benefit your customers, you may be hard pressed to find time to think about retirement. However, two of the most important plans a ...

In my many conversations with manufacturing industry leaders, succession planning consistently emerges as a critical challenge. When business owners start thinking about succession, it’s often because ...

Berks Family Business Alliance hosted experts from Cherry Bekaert and Kozloff Stoudt to discuss succession planning, legal ...

When you start a business, your must-do list is long and varied, from a great idea to market research, from a financial plan to a name. But one piece of the growth puzzle that often doesn’t make the ...

One of the benefits of being a financial advisor is the potential to own your business and run it how you see fit. Then, when you’re ready to move on, you can leverage the opportunity to pass the ...

Succession planning has always been important, but not critical. Now, in 2024, it has evolved from “should do” and “must-do” to “cannot wait.” Many external factors make it increasingly pertinent for ...

More than a hit drama-filled TV show, succession is necessary to maintain a successful company. Succession is the epitome of future planning. No company can succeed without employees, and every ...

The Tuesday afternoon session of this year’s NBAA-BACE includes a topic that has become critical in light of today’s dire shortage of high-quality pilots and mechanics interested in business aviation ...