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 ...

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 ...

A successful succession plan creates a structure the business can follow through ... In particular, family succession plans provide a template for transferring the business to the next generation.

Succession planning in the context of a family farm is more than just a business transition. It’s a journey that involves several critical steps. Successful succession planning must revolve ...

New Delhi (India), August 7: Succession planning in family businesses in India is imperative as many family businesses are ...