I Have Seen Million-Dollar Businesses Crumble Because They Didn't Have a Succession Plan. Here's How to Ensure Your Legacy Doesn't Go Down The Drain.
If you want to be on the positive side of those numbers, you need to start planning the succession almost as soon as you ...
JD Supra16d
Why You Need a Succession Plan and an Estate Plan
(See “Supreme Court adds to business valuations” below). Don’t just present your succession plan to family members and ...
Starting a small business is hard. Exiting can be even harder, but planning early is the key
Figuring out what to do with a small business when an owner is ready to retire can be difficult, but it’s best to have a plan ...
Canadian Lawyer Magazine1d
Succession planning: Creating a seamless strategy for personal injury practices
CL: Are there differences in succession planning processes depending on the size ... we liberate the firm’s future fee revenue and bank credit for more productive business investments — for example, ...
pwmnet.com5d
Lessons in succession planning
Succession planning in wealth management is critical but often fraught with challenges, particularly those stemming from ...
Succession: a real-life dilemma
Preparing to step away from a family business wit ...
Over two thirds of family business owners do not have a succession plan
Over two thirds (69%) of family business owners do not have a succession plan detailing what will happen to the business and ...
Is Your Family Business Ready For The Future?
A streamlined sanity check that highlights the key areas every business owner should assess. If any of these points raise ...
How UHNI families can use succession planning to safeguard their enterprises from tax consequences
Effective succession planning can help UHNI families minimise these tax consequences and protect their enterprises for future ...
Newsday3d
Starting a small business is hard. Exiting can be even harder, but planning early is the key
The most common options for exiting a business include creating a succession plan for a family member or someone already involved in the business; selling the business to an outsider; or simply ...