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

The impact of succession planning becomes impossible to ignore when an unexpected departure creates a leadership vacuum, but ...

According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan. 1 While ...

Find Your Future Leader Likely the most important factor in your succession plan is who will take over when you’re no longer running the day-to-day of your business, and it’s important to ...

Business Succession Planning Q&A Business succession planning is widely recognized as a crucial component of ensuring a company’s longevity. However, many owners still lack formal plans in place.

Get a Business Valuation Knowing your business’ value is crucial for succession planning. It can help you determine how to structure the transition, whether it’s a buyout, a gift, or a sale.

Business transition planning and leadership succession strategies can define your company’s trajectory and are crucial for maintaining business continuity. With the largest generational wealth ...

Despite this success, most of these owners have no succession plan. In fact, Gallup’s recent survey reports a third of all business owners say they have no plan or are unsure about their future.

For financial professionals working with business owners, navigating the intricacies of succession planning can be daunting. That’s why Allianz Life Insurance Company of North America (Allianz ...

What 'Succession' Teaches Us About Legacy Planning May 24, 2024 • Matthew Erskine ...