If You Own a Family Business, You Need to Understand and Implement Succession Planning

Family businesses – from mom-and-pop stores to home-based businesses – power our nation’s economy, from job creation to gross domestic product. They provide 60 percent of American jobs and nearly 80 percent of new jobs created, according to Forbes. In addition, family businesses produce 50 percent of America’s GDP. Mapping out your succession plan takes… Read More »