Succession Planning

The Most Valuable Thing You Can Do With Your Time

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Few activities deliver stronger ROI than succession planning. So why don't more entrepreneurs make time to do it?

13 Ways to Up the Value of Your Business

Giselle Bodkin (Photo: Arthur Mola)

Whether you're planning an exit or simply want to know what your firm is worth, it pays to take these simple steps

How to Know When It’s Time to Exit

(Photo: Naomi Harris)

5 entrepreneurs share how they knew it was time to sell their businesses

Too Many Family Businesses Have No Succession Plan

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New research shows only half of family firms have formal plans for who will take over

8 Steps to a Painless Succession

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Worried about the transition of your business? Try applying this approach to change management

Why Succession Matters More than Ever

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Too few business leaders give enough thought into who will take over when they go, and it can yield disastrous results

What Does It Really Mean to Run a Family Business?

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We're looking for your insight into what makes for a successful family-owned or family-run business in 2014

Why Most Business Transactions Fail

PROFIT Business Cast

Selling a business doesn't always mean happily-ever-after. Here are 3 of the most common things that go wrong

The Smartest Thing To Do When Selling Your Business

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Formal business plans aren't just for startups. In fact, a good one can make or break a successful exit

The 3 Biggest Crises in Entrepreneurship Today

PROFIT Business Cast

Business owners today face huge challenges related to succession, experience and the global economy, says one advisor