Business Succession Planning

A large share of small business owners are nearing retirement, and many have no plan for what happens next. Economists call this wave the Silver Tsunami. For owners who spent decades building something, the difference between a smooth handoff and a forced sale often comes down to planning done years in advance. What the Silver

Apple just showed the world how to change leaders without missing a step. The company announced that Tim Cook would hand the chief executive role to a successor it had been preparing for years. For any business owner, the way Apple handled it is a lesson in succession planning done right. A Handoff Years in