When firms wait too long to plan, they often have no choice but to hire externally. That can be damaging at the management ...

Preparing for the future, especially from a financial standpoint, is crucial for all businesses. Companies need to forecast their revenue and expenses to ensure they remain profitable. Budget planning ...

In this Crain’s Quick Take, Matt Fedor, a business and estate planning attorney at Foster Swift, shares why business owners ...

Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

Tom Strohl is the President of Oliver Wight America's, a global business consulting firm specializing in Integrated Business Planning. A January report (download required) from the World Economic ...

The aging of the American population continues to accelerate, and more small and midsize business owners are wondering: What do I do with my life’s work when I retire? Many business owners reaching ...

One of the most common mistakes business owners make is waiting too long to start estate planning. As a business owner, you should start estate planning as soon as your business gains real value or ...

Join Western Governors University Business School and the Puget Sound Business Journal for an insightful breakfast event dedicated to the art of crafting a successful business plan. Keynote speaker Dr ...

Entrepreneurs can replace complexity with a one-word business plan — a simple, powerful theme that aligns their vision, motivates their team and drives results all year long. Reflect on your past 12 ...

Business owners pose a unique challenge for financial advisors when it comes to retirement planning. With their often highly concentrated wealth and entrepreneurial mindsets, business owners don't fit ...

Years ago, the owner of a small insurance firm that was about to change hands came to the law office where Jere Doyle was practicing at the time. The business owner "had the terms written down on a ...