Although some dairy processors are operated by large cooperatives with succession plans, while other family-run businesses ...

The topic of succession planning has gained some momentum as a result of the pandemic, as businesses of all sizes came face-to-face with the possibilities and realities of unexpected disruption.

If you're waiting for the perfect time to start succession planning for your insurance agency, here's your wake-up call: The perfect time is now. Stop procrastinating on securing your legacy and ...

How a succession plan can help protect you, your family, and your employees Created by Principal® with Insider Studios Tony Anderson/Getty Images Jul 6, 2023, 5:00 AM PT ...

Succession planning is a priority in the utility industry as an aging workforce, changing technologies, and turnover reshape the sector. The utility sector faces unique challenges, striving for ...

According to Shuring, what may be considered equal doesn’t always make sense when the succession plan involves family members who actively work on the farm, and others who do not.

A succession plan can include certain conditions that must be met to dictate who has the right to vote. These conditions can include requiring a certain level of education or professional experience.

Have open discussions on succession planning, but do still get your own legal and financial counsel to make sure it is a successful transition for you. As an example, a client of mine hired a ...

Surveys tell us that only about a quarter to a third of advisers have a succession plan. Incredibly, this statistic has barely budged for at least 10 years despite the aging of our profession.

Michael Fiddelke is scheduled to become the next chief executive officer of Target Corp. on Feb. 1, 2026. He is currently ...