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Posts Categorized: Small Business Owner

Tips for a Successful Family Business Succession

Fewer than one-third of family businesses survive into the second generation, while only 13 percent make it to the third generation. Here are some tips to beat the odds and help your business live on for generations to come. The sooner you start the planning process the better The sooner you start planning for succession,… Read More »

June 24, 2021 Business Planning, Small Business Owner

The Most Important Legal Tool for Small Business Owners During the Crisis

The most valuable tool for small business owners right now is a “business specific” Durable Power of Attorney (DPOA). General DPOAs are commonly found in most well-crafted estate plans. However, in our experience, a small business owner may have more specific issues that need to be addressed in their DPOA due to their unique needs…. Read More »

April 14, 2020 Business Planning, COVID-19, Small Business Owner

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