Every July, the National Football League asks its 32 teams to provide commissioner Roger Goodell with an updated franchise succession plan should an owner die. Those planning documents are not public, ...

Add to this document daily, and within weeks you'll have a valuable operations manual. Your agency's technology stack is either an asset or a liability in succession planning. Review your current ...

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

Succession planning is proactively identifying successors ... it’s time to evaluate the current state of the talent pool. Document what skills and competencies employees currently have.

Planning to sell or retire in 5 years? Early succession planning ensures a smooth transition and maximizes business value.

Business owners should also be aware of any limiting conditions or guardrails present in the business’s governing documents that could pose obstacles to their intended succession plan.

Few boards prepare for unexpected CEO tragedies like death or sickness. Developing a detailed emergency plan—with protocols, ...

People often use the terms “succession” or “estate planning” to talk about the process of dividing a loved one’s property after they die. But there are mistakes that can cause problems, like arguments ...

Succession planning isn’t just about a final chapter ... Who has potential to lead? Document Systems. Build operations manuals, financial procedures, and customer processes.

Experts from PivotPoint Business Solutions discuss why delaying succession planning is detrimental for your operation.

A succession plan often includes several documents, one of which should be a buy-sell agreement, Angell advises. If you are in business with someone, you should know how to exit the arrangement.

In my many conversations with manufacturing industry leaders, succession planning consistently emerges as a critical challenge. When business owners start thinking about succession, it’s often ...