Experts share top business succession planning mistakes, overlooked tax impacts, and why early, strategic preparation is key ...

The process of a gradual transfer in ownership is called a “business succession plan.” The best business succession plans are individualized for each business and often facilitated by outside ...

A few weeks ago, I outlined the importance of making an exit plan—strategically mapping out a path to eventually leaving your business. There are many ways to exit a design firm, but one of the ...

Key planning tips gleaned from Conway Center programs include: This downloadable template for Family Business Succession Planning can provide a first look at starting your own planning process.

Experienced legal, tax, and financial advisors are essential to a successful business succession plan that protects owners, families, and long-term goals.

While two-thirds (64 percent) of business owners have a succession plan in place, a new study by Edward Jones highlights the complexities and emotional challenges entrepreneurs face in preparing ...

Succession planning in the context of family owned or controlled businesses generally has two overarching concerns; first, who will manage the business, and second, how will ownership and control ...