Tag: business succession planning
Common Mistakes in Illinois Business Succession Planning and How to Avoid Them
Posted on June 10, 2025

One of the most important decisions you must make as a business owner is planning for the day you or other important employees are no longer willing or able to lead your organization. Having a well-developed and detailed succession plan is key to ensuring that your company not only survives but flourishes amidst major organizational changes. Yet many businesses struggle to come up with a cohesive succession plan, or fail to execute it properly, putting the company’s viability at risk. Neglecting to plan for the future can harm a company’s […]
Posted in Business Law