Succession Planning

We are excited to release our latest member-exclusive resource, “Succession Planning: Identifying What Is Next for Your Business and How to Make It Happen,” written by Mark Higley, vice president of Regulatory Affairs, VGM Government Relations. Members may download this guide in the myEW portal. “By numerous requests from my friends and colleagues in the industry, I am honored to have had the opportunity to coordinate and develop the ‘Succession Planning: Identifying What

Meet Mark Higley to Discuss Succession Planning at Focus Conference!  The concept of succession planning is always a hot topic in the Essentially Women membership. This year at Focus Conference, we have a unique opportunity. Mark Higley, VP of Regulatory Affairs with VGM Government Relations will be available at Focus Conference for succession planning discussions. Mark has helped countless small business owners, like yourselves, over the years by providing guidance

With change comes great opportunity. Essentially Women is incredibly excited to provide more education than ever before at this year’s Focus Conference. When planning Focus Conference, we usually consider the conference venue and time constraints when scheduling our sessions. Because we are going virtual this year, we have the opportunity to offer more education than ever before.   Focus: The EW [Virtual] Conference will offer 8 live sessions beginning

By: Miriam Lieber, President, Lieber Consulting, LLC One of the key observations I note at each of the businesses I visit is that you are only as good as the people who work for you. Moreover, you are only as good as the next leader you develop. In fact, you should be looking for your replacement. As owner or executive leader of your company, you should be thinking of your succession plan. Easier said than done, we will explore the topic in this article. No single factor has a greater impact

Business succession planning is a series of logistical and financial decisions about who should take over your business upon your decision to retire or in case of death or disability. The first step is to identify the ideal successor to take over and then determine the best selling arrangement. A well-crafted succession plan aims to benefit everybody—the departing owner, their family, the business and the successor. The four most common types of small succession plans are passing onto