For restaurant owners, business succession planning is crucial to ensuring a smooth transition of ownership while protecting the legacy of ...

What is succession planning for business owners? How does this affect the short and long-term interests of your company and its value? Why should you be concerned about succession planning if you own ...

Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

As the “silver tsunami” peaks in 2025, a significant wave of New Jersey’s baby boomer business owners will reach retirement age, prompting critical succession planning decisions. Will their children ...

An exit plan is not about walking away. Exit planning is about protecting accomplishments and ensuring the next phase supports financial, operational, and personal goals.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Often, much of a business owner’s wealth is comprised of ...

Acquiring an existing business is one avenue to growth, but it can also meet other needs for your advisory firm. Over the ...

As part of NJBIZ’s latest virtual panel, participants discussed how family businesses can survive and thrive across multiple generations. Earlier this month, Trump signed into effect sweeping tax and ...

“From a legal standpoint, a strong succession plan involves more than just identifying successors, it requires formal documentation to assist in making enforceable and efficient transitions that align ...

Black businesses should make succession planning a priority alongside boosting revenue and adding customers. Helping to ensure business longevity and preparing for a smooth leadership transition are ...

Building trust between the CEO and board, inflation rises and consumer sentiment drops, new guidance on H1-B visa fee.

Agricultural succession planning is essential for ensuring the next generation can successfully manage the family farm.