Owning a business may seem easy on the surface, but with it comes challenges. These challenges, more often than not, have to do with finances. It is natural for owners to be personally invested inRead More
Business Succession Planning
Every business owner knows that eventually they will retire, sell their business, or pass away. Succession planning is the process of preparing for the owner’s departure so that the business may continue to thrive with minimal disruption. Without a plan, businesses often fail after the owner leaves. Creating a succession plan can be difficult, but it is essential to the success of the business.