A half dozen years ago, planner Joe Ottaviano began thinking about the succession plan at Knoxville, Tennessee-based APC Financial Planning. The second-generation owner of the registered investment ...

When thinking about succession planning, it’s easy to paint a picture of something out of HBO’s Succession — sibling rivalry, a founder stepping aside, and the chosen one emerging. In reality, ...

Companies can often represent a mirror of their leaders. Understand the top executive, and you’ll have a better chance to understand the why and how of the organization beneath. So, changes at the top ...

A solid succession plan places emphasis on the details. It provides a defined range of multiples, clear timelines, a clear deal structure or structures to choose from and a detailed framework for how ...

Few advisors have a formalized succession plan in place. But when advisors finally do commit to planning their exit, experts say the difference between a stalled exercise and a successful transition ...

For many small to mid-sized business owners, their company is more than just a business — it's a legacy built over years of ...

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 ...

For many family-owned businesses, the future is built on relationships, trust, and shared history. But when it comes to succession planning, even the most tightly knit families often delay the ...

Growing a 57-year-old franchise brand means planning is essential. For Shannon Iverson, vice president of development at Taco John’s, it also means preparing for the next generation of operators. “We ...

Succession planning has long been a pain point for entrepreneurs. But a decades-old financing option is emerging as a popular solution for those looking to buy companies—and anecdotally, it’s ...