On Saturday, April 12th, Cooperation Buffalo and the Buffalo State Small Business Development Center invite you to learn more about converting your business to Employee Ownership. If you are looking ...

Decades after founding Mainely Tubs in 1978, Jim Van Fleet transferred ownership of the Scarborough-based hot tub, swim spa and sauna dealer to all of the company’s employees in 2016 via an Employee ...

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.

Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

I’ve built ten companies over the course of my career, and I can say that success—in business and in life—is about staying ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Imagine you’ve spent decades building a business from the ground up. You’ve poured your ...

If you’re the owner of a small or mid-size business, chances are your company represents a large portion of your net worth. That’s especially true for many Baby Boomers like me. Over the past few ...

As the meetings and events industry faces rapid technological change and shifting workforce expectations, succession planning ...

Hawaiʻi is known for, and is rightly proud of, its entrepreneurial spirit. But like so many other parts of the country, Hawaiʻi is facing economic ...

Forest Dutton knows firsthand what can happen when an advisory firm lacks a finalized succession plan. Business goals cannot always put clients' best interests first. Here's why even the executives ...

It’s a comical question, but it makes a serious point about the importance of preparing for leadership transitions before they occur. Staff members at Dancers’ Group, a small nonprofit that promotes ...