Business owners who don’t have a plan should talk through options with their advisers and put a strategy on paper sooner than later. Transition planning often takes longer than anticipated. For every ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Whether passing your business on to the next generation ...

Elizabeth Ledoux is a Succession Planning Expert & Founder at The Transition Strategists, navigating transitions for companies and leaders. To continue reading ...

Every business is working on something to improve these days. Whether it’s trying to be more proficient at what they’re currently doing or being in a pivot stage while making the transition to new ...

When it comes to processes that demand the careful blending of art and science to drive a successful outcome, business transition is at the top of the list. A business owner should be prepared to ...

It may be a harsh reality, but all company owners eventually exit their businesses. However that happens, the transition is complex both personally and financially. But planning ahead with a team of ...

One of the most challenging issues many leaders face, especially family business owner-operators, is the eventuality that one day their role as leader will end. This could come as a result of a ...

One of the biggest decisions that business owners eventually face is how they will handle transitioning out of their life’s work. There are several good options, and one—an internal transition—is ...

Every business owner will need to decide when and how to step out of the business at some point. Now more than ever, business owners understand the importance of succession planning. And as Worcester ...

When a family wants to retain ownership of its business but does not have a successor CEO within the family, it needs to wrestle with the transition. While this requires traditional management ...

Major business deals are underway. The company is doing well. The business you’ve helped build and manage – through good times and challenging times – is poised for long-term success. But as every ...