Transition Planning Archive

The Lessons Of Succession Planning For A Family Business, Murdoch Style

The Lessons Of Succession Planning For A Family Business, Murdoch Style Excerpt: “When things like phone hacking and spying are part of the corporate culture it makes you wonder what the family culture is like.” Edward Rosenfeld in Forbes Magazine November 11,  2011 For full article click here  or copy and paste into your browser: [&hellip

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Business Exit Checklist

Business Exit Checklist Is Your Business Prepared for Your Exit? Creating a Business Exit Plan is rarely something that we think about in the day-to-day rush of our businesses. However, someday, the day will come when someone else will take the reins. Below, we have a few questions you should ask yourself if you haven’t [&hellip

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Business Dynasties Need to Plan for the Delicate Task of Succession

This article appeared today in the New York Times.  While Asia may be behind the US in Succession Planning, I find Canada has public support for the family business and a more effective inheritance planning scheme.  My recent work in Ghana bears out much of the gist of this article.  Plan early and plan constantly [&hellip

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5 Steps to Exit Your Business

At some point in our business lives entrepreneurs have to think about leaving the business they have built over the years.  The driving force may be a desire to cash out because the market it right, you want to retire or a successor is ready to take over.  The key to a successful exit is [&hellip

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Entrepreneur Profile: Edward Rosenfeld

Entrepreneur Profile: IFR Furniture Rentals by Dan Lee on November 30, 2010 Thanks to Dan of Axial Markets for posting this profile on his blog.  It goes to the heart of my concern for the successful transition planning for the family business. https://www.axialmarket.com/blog/2010/11/entrepreneur-profile-ifr-furniture-rentals

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