Succession Planning
Market Basket's Family Feud Risks a Loss of Its Loyal Following
Happy employees and great prices lead to devoted customers, or so the theory goes. A New England supermarket chain may sacrifice all this in a battle of cousins.
How a Family-Owned Firm Can Beat the Odds and Pivot
Use a leadership change as a catalyst for a shift in the business model to keep up with trends.
7 Lessons in Harmony for Family Startups
Running a family business can unite members of a family but it can also tear them apart. Here are some tips keeping the peace, both at home and at the office.
U.K. Dad Decides to Give Away His Startup
This entrepreneur isn't interested in selling his startup. His exit strategy is to simply give the business away.
Downton Abbey: Lord Grantham's 5 Worst Management Mistakes
What the world of butlers, footmen and lady's maids can teach you about management.
Why You Should Start Preparing Your Ultimate Exit Strategy Now
You don't want your family to fight after you're gone, and you don't want the IRS to claim more than is necessary during the transition. Here are a few basics rules of thumb for creating a succession plan.
Six Tips to Keep Your Business Going After Losing Your Partner
How to survive and rebuild while dealing with grief and loss.
Acting on Ideas and Other Tips This Week
How to get beyond brainstorming, beat procrastination and find more permanent customers: our best tips of the week.
Your Business Without You: 4 Steps to Finding Your Successor
What you need to do now to ensure leadership continuity in your business.
6 Tips for Closing the Generation Gap
Small business experts, Adam and Matthew Toren answer readers' top questions about entrepreneurship.
Could Your Business Survive Without You?
Seventy-five percent of small-business owners have no real succession plan -- a potential recipe for disaster. This entrepreneur's accidental fate tells a cautionary tale.
How to Create a Succession Plan for a Franchise Business
Passing a franchise from one generation to the next can be fraught with complexities. A smart succession plan will ease the transition.
Are You Irreplaceable?
How to make sure your business can thrive without you, and five steps to get there.
Tips For Planning an Exit from Your Small Business
If you're thinking about leaving your business behind, some careful planning up front can make it a smooth transition that ensures your company thrives after you're gone.
Is Your Family Fit to Run the Family Business?
Check your emotions at the door before turning your company over to the next generation.