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Who is in charge of the succession plan? – my weekly blog

You the entrepreneur have always run most, if not all aspects of the business.  However, you do seek outside help and input when you do not know a specific area of your business…such as having a tax expert help you … Continue reading

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From Shirtsleeves to Shirtsleeves – my weekly blog

Many have written this about this proverb, “From shirt sleeves to shirt sleeves in three generations”.  I will repeat it as it tells a great story about a family who does not address succession with sufficient time and effort. First … Continue reading

Succession is not retirement – my weekly blog

If your goal of succession of your business is your retirement, how do you define retirement? Retirement in someone’s words was “doing what you want when you want to do it“. The traditional concept of retirement?!?…picture this, a serene lake … Continue reading

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Do I need a shareholders’ agreement? – my weekly blog

This is often a question that business owners sometimes overlook.  A shareholders’ agreement is a necessary tool for all companies, in my honest opinion.  Why? The shareholders’ agreement is not only protective as a sword, to assert the company over … Continue reading