Life expectancies have gone up rapidly over the past century. The number of people worldwide who reach the “traditional” retirement age of 65 is increasing in many countries. The United States is no different. Many financial talking heads point out that...
Retiring a few years early means more time for hobbies, family, and enjoying life. Although some workers go to extremes to shave off as many working years as possible, making small, barely noticeable changes and earning big dividends is possible. Here are three tips...
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...
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...
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...
