Sunday, November 18, 2007

Sound Advice: Books and Web Sites To Build Your Business

Recently, the Wall Street Journal featured books and Web sites to help business owners prepare for an eventual transfer. Here are a few:

1. Family Business Succession: The Final Test of Greatness

Respects the time of a busy entrepreneur who's got to start thinking about succession.

2. Exit Strategy Planning: Grooming Your Business for Sale or Succession

Talks about the reality of selling versus succession.

3. Family Firm Institute

A broad resource for issues of business continuity, family-management strategies and ownership transfer.

4. National Center for Employee Ownership

A valuable resource when an Employee Stock Ownership Plan is a viable alternative.

To see more on this post, go to the WSJ's Independent Street.

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