Category Archives: Business Succession Planning
Tips for Creating a Succession Plan
Developing succession plans is one of those human resource tasks that seem challenging but are necessary for any company. Fortunately, it is possible to divide the succession plan into smaller and more digestible steps that help implement this initiative developed especially for companies to avoid talent gaps, keep employees engaged, and be able to… Read More »
Don’t Leave Your Business Without a Plan
When you first create your business, you never do it with the thought of what will happen to it when you are no longer living. Most business owners start their business with the hopes that one day they will be able to pass on their business to their loved ones. However, in many cases,… Read More »
How Do You Plan Your Estate When Not All of Your Kids Are in the Family Business?
Having your own business can be great, but many business owners tend to put their focus on the day-to-day operations of their business rather than thinking about the long term. It is a common mistake not to think about your business at a time when you may no longer be a part of it…. Read More »
Small Businesses Closing in Miami
Along one major retail thoroughfare in Miami, small businesses are being pushed out as customers flock to new businesses. Larger retailers have moved into the area, making it difficult for smaller businesses to compete. As these entrepreneurs work to sell off their inventory and make plans to move on, they also face numerous other… Read More »