The Future of Retirement
Once upon a time, retirement was a feasible part of the American dream. People saved up for retirement, had Social Security as a guaranteed income for their future, and much more. Today, however, retirement looks more like a pipe dream than something to aspire to....
How to Plan for Retirement in Your 20s
When you think of the word retirement, chances are your mind automatically goes down the line to the later parts of your life. You’re in your 60s, no longer need to work full-time (unless you enjoy doing so), and you can finally just enjoy life. That retirement money...
Signs That You’re Ready to Retire Early
Are you ready to retire? For some people, the idea of retiring at all is a far-away dream they can only hope for. For others, they’re at a point in life where they can afford to not only retire, but retire early. Once you retire, the world is your oyster, so why not...
Actions To Take Before Planning Your Business Succession
Planning for business succession is vital for the future of the business. The succession plan gives the owner a clear vision of the business objectives and how to achieve them. A business owner should be less subjective in succession planning, especially if it...
How To Properly Make A Business Succession Strategy
Across the globe, entrepreneurs of both large and small firms are always hesitant to undertake succession planning. The unwillingness to having a succession plan is reasonable, given the number of emotional decisions the owner has to make. Personal involvement and...
Adapting Your Business Succession Strategy To Any Crisis
The Covid-19 pandemic created uncertainty for all business managers. These times are especially problematic for anyone wanting a significant change in their lives. It might seem impossible to follow a previous business succession plan amid such a discombobulating...
How Business Succession Will Change From Covid19
The COVID-19 pandemic has scared a lot of people into reality. With the thought of fragility in life, many people start thinking about the future of their jobs and financial savings. Many business owners have lost thousands of dollars in future profits and worry about...
Why The Right Business Succession Plan Extends The Life Of Your Business
Your most significant responsibility as a business owner is to plan for the future of your business. Unfortunately, most successors ruin good companies. The decision as to who succeeds can be its reason for success or failure. Sadly, most family-owned businesses don't...
How To Plan Business Succession As An Entrepreneur
How To Plan Business Succession As An Entrepreneur Entrepreneurs may see short-term success as most important. There comes the point where business owners begin thinking about their legacy and the impact that their business and influence can have. Taking some clear...
Why Your Business Hinges On A Business Succession Plan
Entrepreneurs and executives at higher corporations don’t often think about succession. For them, they are focused more on the short-term planning and execution of strategy than the long-term planning and where their position will be. However, it can stunt the growth...