Successful transition
Northwest Indiana experts say a succession plan is essential when they need to replace top-level leaders who are retiring or moving on to other challenges.
Professional Advice
Hocus pocus! It is time for some strategic planning focus
Treat yourself! It’s that time of year again! What better way to get into the Halloween spirit than by updating or creating your strategic marketing plan? So this Halloween, make it a resolution to craft a detailed and strategically sound marketing plan. I know, I know creating a strategic plan is the business equivalent of
Hocus pocus! It is time for some strategic planning focus Read More »
Inner entrepreneur
Attorney Layne Marino, with the law firm of Burke Costanza & Carberry in Merrillville, shares her expertise on how to buy a franchise and make it successful.
Think past pandemic
Stacey Poynter of the U.S. Small Business Administration offers advice on how to prepare for future disasters by making plans and testing them.
Tips for meeting virtually
Northwest Indiana Forum marketing maven Raeann Trakas shares tips for meeting virtually during this unprecedented time.
Leadership potential
When it comes to succession planning, the task can prove daunting especially for an organization that has enjoyed prosperity under stable leadership for decades. Add in a pandemic and a financial crisis and well-laid plans took unique twists and turns to future plans during these unprecedented times.
Be smart, plan for what’s next
Experts say best succession plans prepared in advance, not out of last-minute necessity or tragedy Mylese Tucker never considered having a succession plan for her business, Nature’s Cupboard, until she served on the board of the Independent Natural Foods Retailer Association. One of the group’s first strategic goals was to implement a succession plan. “We
Anatomy of buy-sell agreement
Owners usually have two choices when considering how companies will go on without them Succession planning is vital to the continuation of any business. And when there are multiple owners—partners, members, shareholders—no single document is more important than a comprehensive, up-to-date buy-sell agreement. Failure to have such an agreement adds confusion and stress at the