Lincoln’s Center for Agricultural Profitability has launched new resources to help farmers and ranchers without a family heir plan for their operation’s future. A series of informational articles ...

An NJBIZ panel explored succession planning, tax reform impacts and long-term strategies to help family businesses thrive across generations.

More than one-third of small business owners plan to sell in the next year, as inflation concerns and tariff pressures ...

A wave of small business owners are nearing retirement, yet many lack a succession plan. Here’s why that’s a costly mistake—and how to avoid it.

The correlation between succession planning for family businesses and successful transfers to the next generation could not be more direct. One third of family-owned businesses have a succession ...

A new report by the Lagos Business School’s Family Business Initiative has revealed that only 22.8 per cent of surveyed Nigerian family-owned businesses have completed formal succession plans ...

Succession planning in the context of family owned or controlled businesses generally has two overarching concerns; first, who will manage the business, and second, how will ownership and control ...

The case for succession planning at Indian family-owned businesses Indian billionaire families increasingly prefer investment management over active business roles, raising succession concerns ...

Family business consultant Ivan Lansberg accepts the complexity of the succession planning process. However, he advises that 12 tasks must be accomplished during continuity planning.

But avoiding it can be costly – the drama that arises from handing over a family business isn’t limited to fictional multinational enterprises on TV shows such as Succession.

I am often asked why it should matter so much: “After all, succession planning is just about naming a successor." Well, it’s not just a matter of passing the baton along, but more about ...

We live in a world where many are chasing the American dream. For many, that includes making a living doing what you love and could mean owning your own small business. However, as the owners of ...