Successful business owners are typically visionaries. They have the ability to look ahead, anticipate both threats and opportunities and take action accordingly. Just as typically,
Succession planning, business transition planning, business succession planning and exit planning: These are several of the terms that business owners see in messages and newsletters
I’ve written before about why it’s never too early to start business succession planning. Yet, even when owners recognize the benefits of planning for the
The first question that owners typically think about when they begin to look ahead to leaving their companies in a successor’s hands is some variation
Curt Bear, host of the podcast The LoCo Experience,* sat down with Elizabeth Ledoux to talk about her journey from engineering student at the Colorado
The playwright George Bernard Shaw said, “The single biggest problem in communication is the illusion that it has taken place.” Statistics from family businesses in
When addressing the topic of resolving conflict in family businesses, my team and I often discuss the common points of friction between parents and children
Do you own a business that you’d like your children to run one day but just haven’t put a transition plan in writing? If so,
When working every day to run and build your business, it can be difficult to imagine your business without you and you without your business.
We’ve written numerous articles for this site and other publications that attempt to answer the question “What is succession planning?” You’ll find the most complete
