Succession Planning

Family-run business owners have to make sure that they have a plan for what’s going to happen with the company if they pass away. Part of this has to do with the estate plan that they set up. Having everything in order with their personal estate plan can help to provide for their family members, which may make it easier for the business’ staff to focus on running the company. It is important to get your plan in place as More +

As Minnesota business owners approach the end of their careers, they may realize they need to choose a business successor. This is an important decision to make and there are many things people need to consider as they identify potential successors. One thing business owners need to consider is what the future might hold for their company. Leaderonomics.com says that it is a good idea for people to know what challenges might arise in the immediate future, as well as several years More +