For many owners, the business is both their life’s work and their family’s most significant asset. Yet too often, succession planning is deferred until a health scare, an unsolicited offer, or a key ...

It might seem counterintuitive to think about selling a business while you’re focused on growing it, but that is precisely the time to begin succession planning, says Tony Ferraro, managing director ...

WealthChoice's Bridge Venus Grimes urges colleagues to prioritize succession planning as only 6% have documented plans ...

The primary outcomes of performance management are helping employees develop their knowledge and skills and supporting career aspirations. For this to be effective, management must provide a ...

Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

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 ...

Simon Bedard, CEO at Exit Advisory Group, an advisory firm that focuses on mergers & acquisitions, exit strategies and business valuations. “Every entrepreneur exits. It’s one of the few absolute ...

A well-crafted plan is only half the job. If your family doesn’t grasp your intentions or the plan is poorly implemented, ...

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 ...

Financial advisors face twin business challenges that are difficult to accomplish at the same time: succession planning and generational retention of clients. On the one hand, the veteran advisor aims ...

Discover how financial advisors can help small business owners reduce their workload, plan strategically, and secure their financial future.

It’s no secret that the retirement plan advisory industry is aging fast. Assets are growing and client needs are becoming more complex, but the pipeline of new financial professionals is not keeping ...