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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