succession planning

Planning for the Future: 5 Business Succession Options and Their Tax Implications

When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders or owners. Whether you’re ready to retire,…

How Construction Company Owners Can Build a Succession Plan Framework

At some time or another, construction company owners must hang up their hard hats. But what will happen to your business when you retire or move on to the next…

Envisioning the future: How to assemble a succession plan

Succession planning is an important activity for every nonprofit organization. It’s not a matter of if, but when you’ll need a plan. Prior planning can help determine whether the transition…

Succession Planning Is a Journey of Many Steps

Depending on where you’re at in your career as a construction business owner, a succession plan might seem like something for a far-off distant future or one of those “back-burner…

Apply the Lessons of Crisis and Prepare for the Future

The COVID-19 pandemic is unlike any other crisis we have faced in decades. As contractors continue to work back toward normalcy, it’s critical to learn from recent experience and apply…

Estate Planning and Business Succession Planning

The lines blur when a family business comes into play For many business owners, estate planning and succession planning go hand in hand. If you’re the owner of a closely…