Is your business ready? 5 tips for business succession and retirement planning

Do you know what will happen to your business when you retire? Succession planning is something many people associate with larger enterprises, but it’s no less important for smaller and family-owned businesses. If you’re a business leader who wants to be ready when the time comes to step down, following are five tips to help set up both your retirement and your business for success. 1. Start now. Financial advisors constantly extol the benefits of getting an early start on retirement...