The ‘Silver Tsunami’ will see 2.3–3million U.S. baby boomer-owned SMBs change hands over the next decade as retirements ...

What is business succession planning, and why is this an important and essential component of forming any new entity or ...

If you’re the owner of a small or mid-size business, chances are your company represents a large portion of your net worth. That’s especially true for many Baby Boomers like me. Over the past few ...

As the “silver tsunami” peaks in 2025, a significant wave of New Jersey’s baby boomer business owners will reach retirement age, prompting critical succession planning decisions. Will their children ...

In 2014, I achieved something that’s considered a dream for many: I became president and CEO of GSR Brands, the fast-casual restaurant organization my family founded in 1965 that now boasts two ...

Cognitive decline poses unique risks to family businesses. Learn essential planning strategies beyond wills to protect ...

A growing number of US small business owners are grappling with economic uncertainty, tech transitions and succession concerns, according to the latest Small Business Perspective survey released by US ...

Navigating economic instability is challenging for small businesses, but with proper succession planning, businesses can transition effectively and even thrive. Here are three key strategies to ensure ...

Black businesses should make succession planning a priority alongside boosting revenue and adding customers. Helping to ensure business longevity and preparing for a smooth leadership transition are ...

NJBIZ panel discusses succession and planning for family businesses Also covers implications from tax reforms in the One Big Beautiful Act Access to capital, M&A trends and tariffs remain major ...

But succession is a challenge. The SBA reports that 30% of family businesses in the U.S. survive the transition from first- ...