There are few things more rewarding than building a family-owned business. Here in Pennsylvania, many hardworking people create businesses that employ members of their immediate and extended families. Whether a restaurant, hardware store, professional office, or light industry, family-owned businesses have the advantage of providing employment for people you know, love, and...
Steps for Crafting a Business Succession Plan
No company can thrive without capable leadership. When a key owner, executive, or shareholder retires, becomes ill, or passes away unexpectedly, the business can face serious disruption. Planning ahead helps protect your company’s future and ensures stability for employees, clients, and family members. At Jones, Gregg, Creehan & Gerace, we can help...
How Your Small Business Can Benefit from a Business Succession Plan
Small businesses are a driving force in Pennsylvania and across the country. They create jobs, fuel innovation, and allow entrepreneurs to build something lasting. If you have built your own business, you know the dedication and hard work it takes. Protecting that effort with a thoughtful business succession plan can help ensure...
Why Plan for Business Succession?
Planning for core changes among a business’s key players is essential to help ensure its longevity. A business is not often placed in such a strong cone of uncertainty as when business leadership is up in the air. To calm the rough waters that can be in place when a business’s leadership...
Choosing a Business Structure
When you start out on your business journey, there are going to be many decisions to make. In fact, it may feel like a never-ending to-do list of business decisions you need to make. Thus is the nature of being an entrepreneur, right? One of the biggest decisions you will make, however,...
Stop Your Business from Getting Sued
We pour so much of ourselves into our businesses. We put our energy, our money, and our time into them, and so much more. Unfortunately, even the most rapidly growing and thriving businesses can be hit hard when a lawsuit lands in their laps. A lawsuit can not only risk the...
Do You Have a Business Succession Plan in Place?
We pour ourselves into our business. Our time, our money, and so much more goes into building up a successful enterprise and seeing it thrive throughout the years. For all that we put into our businesses, it is surprising that so many people continue to operate their businesses without a business...