Business Succession Planning Archives

Sikich Series on Business Succession Planning: Make a Plan, Sell Your Business

The old adage, “If you fail to plan, then you are planning to fail,” is applicable in many aspects of life. Planning and preparation lead to a…

2018 M&D Report: The Industry 4.0 Factor

2018 M&D Report: The Industry 4.0 Factor Industry 4.0 is more than a buzzword. It’s a competitive differentiator. Over 300 people have downloaded this…

Planning a Successful Business Transition

2017 Manufacturing Report

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How to Prosper from Succession Planning: It’s all in the timing

WHITEPAPER: HOW TO PROSPER FROM SUCCESSION PLANNING: IT’S ALL IN THE TIMING Please provide your information below to access our whitepaper….

A Manufacturer’s Wisest Long-term Investment

It’s quite simple, really. Most small- to medium-size businesses in the M&D industry are challenged with the demands of owning and operating a business,…

Six Mistakes to Avoid in Selling Your Business

Most entrepreneurs eventually get around to thinking about selling their businesses, whether as a prelude to retirement or to pursue other activities. In doing…

The Importance of Succession Planning

As the year comes to a close, many business owners are preparing for next year. They are reviewing budgets, customer contracts, vendor relationships, and…

Preparing Your Business for Life Without You

Succession planning is one of those necessary evils for business owners and key management that often gets moved to the bottom of the pile….

A Board Member’s Checklist for Succession Planning

There has been an increase in demand for business succession planning services as the baby boomer generation retires and ownership of business interest transitions….

Survey Reveals Surprising Trends in Succession Planning

Ensuring the company is in good financial health, processes are optimized, customers satisfied and sales growing are a few of the tasks business owners…

Business Valuation Methods

There are many reasons a business owner may want or need a business valuation – including negotiating a merger or business sale, considering new…

Key Considerations in Succession Planning

Some business owners do not consider the fact that their largest and most important asset is their business. Of course they are generally aware…

Business Valuation Fast Facts

Most business owners will have a valuation conducted a handful of times throughout their career. For this reason, there is often a great deal…

The Power of Mentoring: Unite Business Plan with Succession Plan

The owners of many companies launch their enterprises with a business plan — a written document outlining the company’s strategic objectives and practical means…

The Biggest Mistake You Don’t Know You’re Making

Have you planned for your departure from the business? Most family business owners don’t have a strategy for their exit whether voluntarily or unexpectedly….