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Succession in Family Business – Jeremy Miller

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75% of family business leaders will retire in the next 15 years. Jeremy Miller of LEAPJob, a sales recruiting and family business discusses how family business can prepare next generation leaders. Duration : 0:2:24 Recommended ReadingManagement Succession Planning for Family BusinessesChanges in the Capital Gains Tax Will Hurt Business SellersManagement Succession Planning IS Success For [...]

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Changes in the Capital Gains Tax Will Hurt Business Sellers

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The new administration has made it pretty clear that taxes on the wealthy are going up. One particular area of focus, we believe, will be increasing the capital gains tax. This article explores the impact on business sellers of this impending increase. Thinking of selling your business? If you have planned it correctly, most of [...]

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Management Succession Planning IS Success For the Family Business

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Decades of statistics illustrate that most successful businesses ultimately fail. In fact only 35% of successful family businesses (and virtually all small businesses are family owned) survive through the second generation, and of those only 20% survive through the third. The reasons are typically straightforward and the excuses have been the same, from my personal [...]

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Business Strategic Planning Calls for Peer Support

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Strategic planning: of course it’s something that you should be doing for the good of your company, but actually taking the time and dedicating the resources to make it happen is often difficult. It’s like daily exercise – you know you would feel better if you fit it into your schedule and you know that [...]

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Need help with Math please?

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6. A spinner that has 3 sections of equal area, numbered from 1 to 3, is spun two times in succession. Which is NOT part of the sample space? (1, 3) (3, 3) (3, 2) (3, 4) 7. A local weather forecaster is accurate 85% of the time when predicting precipitation for the day. What [...]

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