In the wake of an SME owner’s death, cashflow risks and legal uncertainty can threaten business viability Read more at The ...
If you’re the owner of a small or mid-size business, chances are your company represents a large portion of your net worth. That’s especially true for many Baby Boomers like me. Over the past few ...
Family businesses are essential to the economy, but only one in three makes it past the second generation. Succession planning is crucial for the future of these businesses and our communities.
A few weeks ago, I outlined the importance of making an exit plan—strategically mapping out a path to eventually leaving your business. There are many ways to exit a design firm, but one of the most ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business leaders and owners must navigate constant ...
NEW YORK — Starting a small business is hard. Figuring out what to do with a small business when an owner is ready to retire can be even more difficult. Small business owners say it is best to have a ...
A growing number of US small business owners are grappling with economic uncertainty, tech transitions and succession concerns, according to the latest Small Business Perspective survey released by US ...
Black businesses should make succession planning a priority alongside boosting revenue and adding customers. Helping to ensure business longevity and preparing for a smooth leadership transition are ...
NJBIZ panel discusses succession and planning for family businesses Also covers implications from tax reforms in the One Big Beautiful Act Access to capital, M&A trends and tariffs remain major ...
When business owners consider retirement, the first thing they think of might be the beach they wish to spend time on, or the hobbies they’d like to pursue. What owners should be planning—yet most don ...
Succession planning seemed like an issue for advisors close to retirement age until this entrepreneur learned o her husband’s ...