On Saturday, April 12th, Cooperation Buffalo and the Buffalo State Small Business Development Center invite you to learn more about converting your business to Employee Ownership. If you are looking ...

American manufacturing faces mounting challenges. In the wake of the pandemic and with new waves of disruption from tariffs, supply chains are more fragile than ever, and workforce shortages continue ...

Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

Decades after founding Mainely Tubs in 1978, Jim Van Fleet transferred ownership of the Scarborough-based hot tub, swim spa and sauna dealer to all of the company’s employees in 2016 via an Employee ...

In my many conversations with manufacturing industry leaders, succession planning consistently emerges as a critical challenge. When business owners start thinking about succession, it’s often because ...

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 ...

From my experience, most small to mid-sized businesses treat succession planning as a one-time event or something to figure out when leadership changes are near. In my opinion, that’s too late. When I ...

I was surprised to find that millions of profitable small businesses throughout the U.S. lack a formal, written succession plan. “There are 3 million businesses at risk of closure,” said Sonali ...

If you're waiting for the perfect time to start succession planning for your insurance agency, here's your wake-up call: The perfect time is now. Stop procrastinating on securing your legacy and ...

Proper board succession planning—the systematic process of identifying and placing qualified candidates in current or upcoming board seat vacancies—is vital for corporate stability and continuity.