When someone owns a small business, they tend to serve as the heartbeat of their operations. They likely invest so much of their time and effort into the enterprise that it can be truly difficult for others to think of that endeavor carrying on without them. Yet, as...
While they may sound like completely different strategies for how you’ll deal with your business once you’re no longer in a position to run it, they’re not as separate as you’d imagine. They both put into action a plan for how you’ll move your business to someone...
Planning for every aspect of your business, from formation to growth, is crucial. However, you also need to plan how you will pass it down should you be unable to run it. And this does not necessarily mean when you die. Business succession planning is not only for...