According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan. 1 While the ...

Enterprise business planning (EBP) integrates resource planning efforts across all functions: operational, finance, and commercial. Designed to provide a unified view supporting enterprisewide ...

A five-year exit plan helps business owners increase business value, reduce risk, and build a more sellable company long ...

You’re set on becoming a franchisee. You may think it’s time to call a franchisor, tell them you’re interested, and get funding from your local bank, right? Wrong. If you’re considering buying a ...

For years, founders have been told to skip the business plan and just start. But the rise of directionless businesses suggests that ditching planning may have created a bigger problem. Many founders ...

Most small businesses will never face losses that high, but even a single cyberattack, supplier issue, or natural disaster can cause days or weeks of downtime that few can afford.

Business owners face unique estate-planning challenges that require specialized strategies to protect accumulated wealth, minimize tax exposure and ensure the successful transition of the business to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Signed into law on July 4, 2025, the One Big Beautiful Bill ...

WSJ Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more. A ...

Success does not happen by chance – businesses need to plan for it. The process of business planning helps you describe the state of your business now, what you want to achieve, and the steps you will ...

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Business owners pose a unique challenge for financial advisors when it comes to retirement planning. With their often highly concentrated wealth and entrepreneurial mindsets, business owners don't fit ...