Succession Planning: Page 4
Common Succession Planning Mistakes -- and How to Avoid Them
Remember, the process isn't about you. It's about the organization. Instead of choosing a successor just like you, choose one to meet the new needs of the enterprise.
Taking Care of Business When an Illness Strikes
An entrepreneur shares the first five things she did to support her business and herself while surviving cancer
Skirt Roadblocks to Succession Planning
Business owners need to be proactive and wise in anticipating next steps in their company's and personal life cycle.
3 Reasons I Decided to Leave the Company I Co-Founded
One entrepreneur explains how he came to the difficult decision to step away and leave the company he loves and helped to build.
Will You Join the Phenomenal Growth of Women-Owned Businesses?
The number of female-led firms has surged to new heights. Here's what you need to know to get started.
It's Not Too Late to Start Thinking About Your Business Legacy
Leaving an impact at your company means more than creating the projects and products you accomplish today. Set in motion a dynamic so people sharing your values can carry the torch forward.
Leadership Lessons From Apple CEO Tim Cook
Remember when everyone said Tim Cook would change Apple after Steve Jobs? He did. For the better.
Can Your Business Live Without You?
Entrepreneurs who have difficulty answering this question may be facing a planning issue that involves far more than arranging their time off.
I Gave My Business Away. Here Are 3 Reasons Why.
Would you simply give your business away instead of selling it for a profit?
Market Basket's Family Feud Risks a Loss of Its Loyal Following
Happy employees and great prices lead to devoted customers, or so the theory goes. A New England supermarket chain may sacrifice all this in a battle of cousins.
How a Family-Owned Firm Can Beat the Odds and Pivot
Use a leadership change as a catalyst for a shift in the business model to keep up with trends.
7 Lessons in Harmony for Family Startups
Running a family business can unite members of a family but it can also tear them apart. Here are some tips keeping the peace, both at home and at the office.
U.K. Dad Decides to Give Away His Startup
This entrepreneur isn't interested in selling his startup. His exit strategy is to simply give the business away.
Downton Abbey: Lord Grantham's 5 Worst Management Mistakes
What the world of butlers, footmen and lady's maids can teach you about management.
Why You Should Start Preparing Your Ultimate Exit Strategy Now
You don't want your family to fight after you're gone, and you don't want the IRS to claim more than is necessary during the transition. Here are a few basics rules of thumb for creating a succession plan.