Every advisor eventually reached a point where succession planning shifted from a distant concept to an urgent, practical priority. After years of building a business shaped by personal standards and ...

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 because ...

A succession plan is more than an exit plan. For years, financial advisors have believed that when it comes to succession planning, it’s a seller’s market. But as all advisors know, markets change.

Mark Swepston spent his professional life building an already strong company, Atlas Butler, into an even more vibrant, community-oriented organization that is a nationally recognized leader in ...

While many 1st Generation advisers express confidence in their succession plans, only 6% of those planning to retire within the next decade have a fully documented strategy in place. An industry study ...

From my experience, most small to mid-sized businesses treat succession planning as a one-time event or something to figure out when leadership changes are near. In my opinion, that’s too late. When I ...

Forbes contributors publish independent expert analyses and insights. I write about the psychology of leadership, tech and entrepreneurship. Few decisions in business and leadership matter more than ...

Helping to ensure business longevity and preparing for a smooth leadership transition are among the reasons owners of Black small businesses (SMBs) should consider succession planning. Trimming the ...

If you're waiting for the perfect time to start succession planning for your insurance agency, here's your wake-up call: The perfect time is now. Stop procrastinating on securing your legacy and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In business, few topics carry as much weight — yet ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Baby Boomers own half of all private businesses in ...

Rupert Murdoch created and built a monumental legacy over the course of his lifetime. As the founder of News Corporation, Murdoch built a global empire, which includes influential media outlets like ...