succession planning

Post image for Basic Training: Could An Agreement Save This Family Business?

Q: I have worked for my dad for more than a decade. He recently told me he wants to stop working but says he is not retiring. He wants to be paid the same amount of money and he wants himself and his wife to keep being covered by medical insurance through the business. He said […]

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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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