Posts tagged "succession planning"

Succession planning, when done right, doesn't have to be a collision of money, power and family dynamics.

Succession planning is a way to help younger generations take control, often more gradually. These families set up, acquire and manage family businesses in parallel over a long period of time. This provides a training ground for younger generations.

A successful exit goal can be defined as one that meets the owner’s individual needs and desires. But where should you start?

By following this succession planning guide, business owners can prepare well in advance to ensure their own wellbeing and security.

For any business looking to life after lockdown, it's never too early to start the discussion and plan for the leadership needed to bring the business back to strength.

The average age of a mid-size company owner in Australia is 57–75 years old, and yet over 75% of them don’t have a succession plan.

For many baby boomers, retiring will involve selling their businesses. But many Australian entrepreneurs aren't preparing for this inevitability.

Jack Ma intends to retire as the chairman of Alibaba, but he says the company is ready for a changing of the guard.

Selling your business is extremely challenging, but these 20 all-encompassing expert insights will ensure you are prepared and negotiate the right price.

The recent 'Planning for Prosperity' surveys has highlighted some interesting gaps between the perception and reality of Asian family business succession.

Opposition leader Bill Shorten will unveil plans to limit cash credits where taxpayers have excess imputation credits. Will it hurt small businesses?

Many of the world’s most successful businesses are family businesses. But while over 70% of Australian businesses are family run, only 30% survive the transition from first to second generation and just 12% making it to the third generation.