Tag: business succession planning

Common Mistakes in Illinois Business Succession Planning and How to Avoid Them

Posted on June 10, 2025

Naperville, IL business law attorney

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

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