Tag Archives: succession planning

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5 Tips On Running Successful Family Businesses

Family businesses make up 90% of business enterprises in North America, yet only 12% make it to the third generation

Family businesses account for 62% of U.S. employment. Yet, only a third of these businesses…

By Carolyn M. Brown

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How to Prepare Your Business for Succession

Here’s five steps to passing on your business

When their father died in 2008, Jessica and Charles Johnson Jr. were left with the…

By LaToya M. Smith

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Earl G. Graves Sr., Chairman & Publisher of Black Enterprise

Knowing When to Say When

Eventually, the success and potential of every enterprise is determined by an entrepreneur’s ability to…

By Earl G. Graves, Sr.

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Photo: Greg Plactha

All in the Family

How to keep a family-owned business thriving from one generation to the next

Nina Jones has no problem keeping up with the Joneses.

By Tennille M. Robinson

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Photo by Greg Kiger

Breaking the Cycle

V. Kenneth and Justin Johnson are on a mission to help family, friends, and clients protect and transfer wealth

One of V. Kenneth Johnson’s most pressing goals in life is to “break the cycle…

By LaToya M. Smith

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Family Biz: 3 Things to Include in Your Buy-Sell Agreement

Your resource for working with parents, children, spouses, exes, and others

If you or a member of your family dies or wants out of the business,…

By Marcia Wade Talbert

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