Aug 28, 2023 | Small Business, Successor
While you can’t control how your children feel about your business, there are effective ways to inspire them and help them see the value of being a business owner and carrying on a family legacy. With these strategies, you can empower them to become the next leaders...
Jun 5, 2023 | Small Business, Successor
Whether you exit your business with a sale, your incapacity, or as a result of your death, there will come a time when it’s time to go. To ensure your company continues to prosper, here are three tips for developing a sound business succession plan. 1. Begin with the...
Feb 20, 2023 | Growth, Small Business, Successor
Be careful to avoid these three common mistakes business owners often make when naming successors. Such missteps can cloud your objectivity and diminish your chosen candidate’s ability to effectively take control of your company. 1. Attempting To Clone Yourself When...
