Santa Clara University2mon
Family business succession planning
But be warned: according to a Bank of America study, while three out of four companies say they have a succession plan, fewer than 40% of businesses have actually implemented them. And just 15% of ...
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 ...
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 ...
Kiplinger2y
3 Ways to Prepare to Pass the Family Business to the Next Generation
Owning a family business, and planning the succession of your family business, is as much a part of the American dream as white picket fences and two cars in every garage. But is handing your ...