succession plan

As seen in … Kimberly Martinez faced a difficult decision. For lifestyle reasons, she had already chosen to live in Florida, away from the Cleveland, Ohio headquarters of her company, Bonitas International.  Now she had step back as not one, but two, parents concurrently fought their battles with cancer. How will the company function if […]

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Post image for Business Succession Planning: Who Takes Over When You’re Deployed?

I’ve had a number of entrepreneurs come to me recently needing to make major changes in their business. Namely, they want out. Either they want to get rid of their business partner, their business partner has just shown them the door or they’re just plain sick and tired and want to sell (if possible). Other […]

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Post image for Ancient Chinese Secret? The Key to Family Business Longevity

Thanksgiving is a day of gratitude, an opportunity to be with family. So on this family day, it’s somewhat fitting to have this post about family businesses. If you are, or have any inclination to be, in business with a family member, there is a secret to ensuring its success. Some firms have been family-owned […]

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As Seen In Enterprising Women Magazine You’re a busy entrepreneur. Every day, you whirl around like the Looney Tunes® Tasmanian devil, putting out fires, calming clients, and encouraging employees. There’s barely enough time to handle strategic planning, much less the kind of planning that involves answering that hard-to-face question: “what will happen to my business when […]

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