Turning Over The Keys: What Happens To Your Business When You Walk Away?
After you sell your business, here are 5 key elements that can help ensure your legacy and hard work continue to live on and prosper.
After you sell your business, here are 5 key elements that can help ensure your legacy and hard work continue to live on and prosper.
A company’s brand is its most valuable asset and must be protected and enhanced at all costs. Here are 4 ways we’re doing this today.
Simply thinking about your successor aisn’t enough. You need a detailed plan—and you need to be honest with yourself about what comes next.
When a company is acquired by a larger organization and the founder-CEO stays on in some type of “earn out” or employment contract capacity, there are generally 5 emotional stages he or she goes through.
Family business owners need to be prepared for a variety of scenarios when it comes to determining their exit strategy.
A new study by EY Global and Kennesaw State University sheds some light on how CEOs and owners of family-run companies perceive the strengths and weaknesses of family ownership, especially when it comes to succession and on what they do to make sure it endures as a family-run business.
Family businesses face unique challenges when transitioning from one generation to the next. The struggle to protect family and business interests requires a thoughtful strategy, and succession is even more difficult if there is no clear candidate to lead the business.
Out of the mouths of babes—or at least 9-year-olds—can flow some pretty sage advice for CEOs and business chiefs. At least when it comes from Alina Morse, the founder of a startup company called Zollipops, which has received national acclaim for its innovative product—cavity-fighting lollipops. Here are 8 basic but timeless insights based on the Zollipops experience.
Keeping a family business going from generation to generation can be tricky, especially when you don’t know whether the next generation will want to take over or not.
According to the National Restaurant Association, there are 970,000 restaurants in America. Further research indicates that the three-year failure rate for restaurants hovers around 60 percent. So just what is it that makes some restaurants fold, while others turn into gold? For two successful Washington D.C.-based restaurants, the answer to their success starts with family.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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