business owner death News

Uncertainty Follows Grief When Small Business Owners Die Without Succession Plans

When Jim McLaughlin died suddenly from a heart attack at age 64, his family assumed they would have to close his homebuilding business. He’d made no plans for someone to succeed him at McLaughlin Construction, and there was no employee …

Business Owners Failing to Plan for Unexpected Events: Study

Many business owners think they are good decision makers but they fail to address essential long-term business planning that is critical to sustaining their businesses for the long-term. While they feel they want to protect their businesses and families, they …