Succession planning needs to be the focus of businesses. Current leadership should always be on the lookout for talented people to train and develop into future leadership roles. The seamless ...

Without a succession plant and written guarantees, Ohio farmer begins his own cattle operation to “have our name on something ...

Transferring your family business into the hands of a new generation is an exciting opportunity for growth. But with that opportunity also come legal considerations that are crucial to the ongoing ...

HOPE, N.D. - Nathan Lunde knows a lot about cattle. But the Cooperstown rancher doesn't know as much as he wants about farm succession - and that's something he's determined to change. "I've reached ...

In just 10 days, a new year dawns. Most of us will make resolutions and promises. For those of you who own businesses, it is imperative to consider next-step options. Putting a succession plan in ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Most successful businesses are aware of the importance of succession planning — the process ...

But merely discussing a succession plan doesn’t really indicate whether a board is adequately prepared to replace an exiting CEO. “I can tell you from having heard these conversations that they can be ...