Business Succession Archives - Your ExitMap https://yourexitmap.com/tag/business-succession/ Free Exit Planning Tools for Business Owners Mon, 13 Jul 2026 17:08:24 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://yourexitmap.com/wp-content/uploads/2026/03/cropped-Site-Icon-YEM-2-32x32.png Business Succession Archives - Your ExitMap https://yourexitmap.com/tag/business-succession/ 32 32 122889523 How to Transfer a Family Business to the Next Generation https://yourexitmap.com/how-to-transfer-a-family-business-to-the-next-generation/ https://yourexitmap.com/how-to-transfer-a-family-business-to-the-next-generation/#respond Mon, 13 Jul 2026 16:42:52 +0000 https://yourexitmap.com/?p=11485 A family business goes on from generation to generation, and having a structured succession plan helps in minimizing the problems and smooths out the process. Family business succession planning is the structured process of legally, financially, and operationally preparing your business for a smooth ownership handoff, covering everything from IRS valuations to trust structures. Only 30% of family businesses survive to the second generation, and skipping a formal plan is the #1 reason. The tax exposure alone (gift tax, estate tax, capital gains) can drain decades of business value if no one plans. In this blog, we’ll cover the right methods to transfer a family ... Read more

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]]> https://yourexitmap.com/how-to-transfer-a-family-business-to-the-next-generation/feed/ 0 11485 It’s Fall, or as Some Say, “Football Season” – How Succession and Exit Planning Mirror Winning the Big Game https://yourexitmap.com/its-fall-or-as-some-say-football-season-how-succession-and-exit-planning-mirror-winning-the-big-game/ https://yourexitmap.com/its-fall-or-as-some-say-football-season-how-succession-and-exit-planning-mirror-winning-the-big-game/#respond Fri, 11 Oct 2024 16:20:38 +0000 https://yourexitmap.com/?p=9479 Fall brings crisp air, colorful leaves, and the undeniable excitement of football season. And much like football, where great individual players exist, the game’s heart and soul lie in teamwork. No matter how talented a quarterback or running back is, they can’t win the game alone. Victory requires everyone—linemen, defense, special teams, and coaches—working together toward a shared goal. Succession and exit planning for business owners are strikingly similar.

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