If you operate a small business, succession planning is a must. It gives you the ability to identify who will take over certain responsibilities in the event of an unexpected tragedy or how things will operate if the owner decides to retire. Succession planning reflects a long-term strategy designed to carry the small business forward… Read More »
Posts Tagged: succession planning
6 Tips to Help a Company During a Transition with Key Management
Thank you to Strategic Solutions Consulting LLC for participating in Career Options “Make it Happen in 2017-2018” resource guide for area companies! Please see below for their response to one of the questions we addressed: What are 4-6 tips to help a company during a transition in key management? Document key information from… Read More »
Unresolved Conflict with Family Businesses
Thank you to Strategic Solutions Consulting LLC for participating in Career Options “Make it Happen in 2017-2018” resource guide for area companies! Please see below for their response to one of the questions we addressed: What are some of the main areas that family business have unresolved conflict? Resistance to change – Especially in family… Read More »
Lessons Learned from Mom, the Entrepreneur
Lessons Learned from Mom, the Entrepreneur As we get closer to Mother’s Day, I realized that this column could not be more fitting. If you have been one of the lucky people in the past 30 years to meet my mom, Pam Baumann, then you know her as a warm and positive business owner, wife,… Read More »
Common Estate Planning Mistakes
Thank you to Epiphany Law for participating in Career Options “Make it Happen in 2017-2018” resource guide for area companies! Please see below for their response to one of the questions we addressed: What are 7 Common Estate Planning Mistakes? When developing an estate plan, the number of potential omissions and poor choices is almost… Read More »