Reported 11 months ago
52 CEOs stepped down in the first quarter of 2024, the highest level in four years according to Russell Reynolds Associates. Katherine Roy from Edward Jones discusses the importance of succession plans for business owners, with only 64% having one. Roy emphasizes the need for businesses to start preparing and identifying the right successor to handle growth strategies, healthcare costs, and technology adoption. Financial advisors play a crucial role in guiding business owners through successful transitions and helping them plan for the future.
Source: YAHOO