8 Tips To Make Your Family Business Succession Plans Successful

 Family Business Succession Plans Strategies If you are an owner in a family enterprise, the likelihood of your business successfully transitioning to the next generations is not very good.  This has not changed over the years. Statistics show a failure rate of: 67% of businesses fail to succeed into the second generation 90% fail by the third generation With 80% to … Read More

What are the Keys To Planning a Successful Business Exit Strategy?

Successful Business Exit Strategy

Can Your Business Exist Without You?  Can You Exist Without Your Business? I meet with an average of 10 business owners every week.  There’s a varied cross-section of industries, size of company and expectations of growth.  Each owner’s idea of success is very different, as well.  The one common denominator amongst them, however, is to leave a legacy and to … Read More

7 Succession Planning Best Practices for Business Owners

Are Your Business Succession Plans in Place? In my dealings with business owners over the years, there are a number of similarities that consistently are apparent in dealing with company succession plans: there often isn’t an absolute succession plan in place; not enough time exists between planning an exit strategy from their business and executing upon it; and part of … Read More