Succession Planning
Family businesses need succession plans, too
Those who run family-owned businesses often underestimate the need for a succession plan.
Change management doesn’t have to be scary
Business owners are constantly bombarded with terminology and buzzwords.
Could a long-term deal ease your succession planning woes?
Some business owners — particularly those who founded their companies — may find it hard to give up control to a successor.
7 steps to choosing a successor for your family business
There’s an old saying regarding family-owned businesses: “Shirtsleeves to shirtsleeves in three generations.” It means the first-generation owner started in shirtsleeves and built the company up fr
Valuation often affects succession plans in hard-to-see ways
Any business owner developing a succession plan should rightfully assume that regular business valuations are a must.
Don’t let “founder’s syndrome” impede your succession plan
Are you the founder of your company? If so, congratulations — you’ve created something truly amazing!
What Is Your Succession Plan?
Craig S. Springer, CPA, Partner, Maillie LLP
3 key factors to keep in mind.