Small business owners simply can not remain in control of the company they have built forever. They may choose to sell the company at some point to do something else or retire and pass the company along to a successor. For this to occur smoothly, small business owners...
For many people, retirement is a distant notion and something that will plan for at a later time in their lives. However, failing to properly plan for the time when someone will have either no income or limited earnings could lead to serious financial hardships. The...
If you haven’t started saving for retirement, you should begin right away. Putting off adding to your savings will be detrimental. You’ll have to face several challenges over the next few years, but by starting today you’ll set yourself up for a comfortable...
Creating a succession plan for your business is an important next step. If you or another leader is planning to retire, then you need to have a predetermined course of action to ensure a smooth transition to new leadership during this next phase of the company’s life....