From family dynamics to avoiding common retirement pitfalls to the forgotten Generation X, the following posts, podcasts and video help business owners strengthen, grow and ultimately plan to transition their business.
Keeping the business in the family still requires an exit strategy as one generation hands over the reigns to the next. This post from Chief Executive offers business owners an idea of some of the factors that play into passing down the family business and a practical approach for planning the transition.
In this 30-minute video, certified financial planner Jeff Rose covers six common mistakes he has seen clients make when it comes to retirement. Jeff explains how these mistakes compromise the ability to retire on your own terms and how to avoid them.
Financial advisor Peter Huminski joins the Retirement Starts Today podcast to consider common mistakes business owners often make when it comes to selling their business. From insufficient preparation to failing to diversify to going it alone, Peter uses real world examples to illustrate common pitfalls and how to avoid them.
This podcast from Morgan & Westfield walks through the story of two business owners and how they started, ran and successfully transition their business while preserving their legacy.
While mountains of content focus on millennials and baby boomers, this post from Time reminds business owners that the future of their business may be better served by paying closer attention to the generation in the middle. The members of Generation X are few in the wake of their millennial counterparts, but positioned to be business' next great leaders. They just might need a little help.
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