Large businesses, organizations, and corporations should understand the importance of succession planning to the long-term survival of an institution. The legacy of the existing management and top leadership of an organization is normally put on trial when the leaders...
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...
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....
