Don’t Leave the Fate of Your Family Business to Chance

My Business
Family Business Owner standing proudly at the entrance to his store

Create a family business succession plan that works for you.Every business needs both a short- and long-term plan in place for unexpected and planned events.Ideally, succession planning should begin the day you take over a business.Those parents that are most successful at passing the torch are the ones that have created a culture in which transition is welcomed and encouraged.

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2Q 2021 Business Owners’ Outlook: The Rush to Retire

My Business

Our latest Business Owners’ Outlook reveals increased trend to sell.Nearly a year into the COVID-19 pandemic that has devastated our country and economy, business owners are feeling the effects—for better or worse—and taking action.Many business owners are experiencing burnout and exhaustion, resulting in a high percentage moving to retire earlier or looking to sell their companies.

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