Proper succession planning protects the company value, stabilizes teams and relationships, reduces risks and preserves business identity.

Succession planning is the work of preparing a business to operate well when the current owner steps back. That could mean a ...

Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

In my many conversations with manufacturing industry leaders, succession planning consistently emerges as a critical challenge. When business owners start thinking about succession, it’s often because ...

A smooth leadership transition isn’t luck – it’s the result of deliberate, early planning that protects momentum, culture, ...

Succession planning is often treated as a legal or financial exercise — a “simple” matter of wills, taxes and transfer dates. Yet for family-owned farms and agribusinesses, it’s something deeper: the ...

Forbes contributors publish independent expert analyses and insights. I write about the psychology of leadership, tech and entrepreneurship. Few decisions in business and leadership matter more than ...

When I launched my financial planning firm, WealthChoice, nearly nine years ago, I wanted to serve clients the way I knew they deserved, build flexibility into my life and create a business that ...

Ritholtz, a national RIA overseeing more than $7.6 billion in assets for high-net-worth clients and institutions, today announces the rollout of an employee-led succession plan designed to preserve ...

Advisors who seek a smooth transition should take a hard look at their data and tech stack before any succession planning ...