<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Businesses for Sale - The Business Place &#187; Succession</title>
	<atom:link href="http://blog.thebusinessplace.com/category/succession/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.thebusinessplace.com</link>
	<description>Just another WordPress weblog</description>
	<lastBuildDate>Wed, 16 Jun 2010 22:44:03 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.5</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Succession &#8211; easy or hard to plan?</title>
		<link>http://blog.thebusinessplace.com/succession/succession-easy-or-hard-to-plan/</link>
		<comments>http://blog.thebusinessplace.com/succession/succession-easy-or-hard-to-plan/#comments</comments>
		<pubDate>Wed, 16 Jun 2010 22:44:03 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=2415</guid>
		<description><![CDATA[Eventually all of us get too old too work.  When is it time to retire and let the business change hands, either to a child, family member of third party buyer of a business.  Can you stay too long and if so, will this reduce the value of your business?
 
Some people refuse to consider retirement.  [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/succession-easy-or-hard-to-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Succession &#8211; how do you know your kids will do well in your business?</title>
		<link>http://blog.thebusinessplace.com/succession/succession-how-do-you-know-your-kids-will-do-well-in-your-business/</link>
		<comments>http://blog.thebusinessplace.com/succession/succession-how-do-you-know-your-kids-will-do-well-in-your-business/#comments</comments>
		<pubDate>Wed, 19 May 2010 14:04:27 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=2288</guid>
		<description><![CDATA[You have owned and operated your business for many years, in fact, you may have created this business from scratch. You have kids and it is your desire to have your kids continue to run the business after you retire.  Is this a good idea?
 
Many entrepreneurs want to leave a legacy and they want their [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/succession-how-do-you-know-your-kids-will-do-well-in-your-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Succession planning &#8211; how do you know if your kids are qualified to take over the business?</title>
		<link>http://blog.thebusinessplace.com/succession/succession-planning-how-do-you-know-if-your-kids-are-qualified-to-take-over-the-business/</link>
		<comments>http://blog.thebusinessplace.com/succession/succession-planning-how-do-you-know-if-your-kids-are-qualified-to-take-over-the-business/#comments</comments>
		<pubDate>Wed, 17 Mar 2010 14:18:54 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1924</guid>
		<description><![CDATA[You have worked hard all your life and you have built up a large successful business.  Now you want to slow down and you want your kids to take over the business.  Are they old enough? Are they mature enough?  Do they have the skills to run the business?  Have they been properly trained?  These [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/succession-planning-how-do-you-know-if-your-kids-are-qualified-to-take-over-the-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Succession of a business owner</title>
		<link>http://blog.thebusinessplace.com/succession/succession-of-a-business-owner/</link>
		<comments>http://blog.thebusinessplace.com/succession/succession-of-a-business-owner/#comments</comments>
		<pubDate>Fri, 29 Jan 2010 00:29:44 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1689</guid>
		<description><![CDATA[You still feel healthy but you want to continue the long term success of your company long after you have passed away.   You have children in the business and you want to pass your legacy to your kids, should you?  Too many parents believe that their kids will be as good if not better than [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/succession-of-a-business-owner/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Business strategies &#8211; who will be your executor when you die?</title>
		<link>http://blog.thebusinessplace.com/succession/business-strategies-who-will-be-your-executor-when-you-die/</link>
		<comments>http://blog.thebusinessplace.com/succession/business-strategies-who-will-be-your-executor-when-you-die/#comments</comments>
		<pubDate>Fri, 02 Oct 2009 13:07:38 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1089</guid>
		<description><![CDATA[Many people do not to think about when they are not here but if you are a business owner that cares about your business and you customers you will want to make sure your business, which is really your legacy, continues to survive long after you have passed away.  If you have no heirs, is [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/business-strategies-who-will-be-your-executor-when-you-die/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Succession &#8211; are you afraid to plan when you are not here?</title>
		<link>http://blog.thebusinessplace.com/succession/succession-are-you-afraid-to-plan-when-you-are-not-here/</link>
		<comments>http://blog.thebusinessplace.com/succession/succession-are-you-afraid-to-plan-when-you-are-not-here/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 14:17:11 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1071</guid>
		<description><![CDATA[The only certainty we have in life is death and taxes. I have found that many people know that they need to plan their affairs but they are afraid to consider what happens when they are not here.  Sometimes, the kids do not want to talk about estate planning when the parents are not here. [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/succession-are-you-afraid-to-plan-when-you-are-not-here/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Businesses for sale, why do people sell a business in poor times?</title>
		<link>http://blog.thebusinessplace.com/sell_business/businesses-for-sale-why-do-people-sell-a-business-in-poor-times/</link>
		<comments>http://blog.thebusinessplace.com/sell_business/businesses-for-sale-why-do-people-sell-a-business-in-poor-times/#comments</comments>
		<pubDate>Fri, 24 Jul 2009 12:45:35 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Sell a business]]></category>
		<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=659</guid>
		<description><![CDATA[The economy has changes, business was booming a year ago but last fall, everything changed, the economy slowed down, customers went bankrupt and consumers stopped buying.  The profitability of your company is marginal and many companies are struggling.  Some may be losing money but still have large debt repayment obligations such as loan, mortgage or lease [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/sell_business/businesses-for-sale-why-do-people-sell-a-business-in-poor-times/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Why plan for the succession of your business?</title>
		<link>http://blog.thebusinessplace.com/succession/why-plan-for-the-succession-of-your-business/</link>
		<comments>http://blog.thebusinessplace.com/succession/why-plan-for-the-succession-of-your-business/#comments</comments>
		<pubDate>Tue, 09 Jun 2009 13:56:49 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=551</guid>
		<description><![CDATA[You created your business many years ago and you are planning to be around forever.  Your kids are small or you may not have any who are interested in the business so you determine that since you are so young, you do not need to plan for your succession.  Heart disease comes with little warning [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/why-plan-for-the-succession-of-your-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Succession &#8211; did I make the right plan?</title>
		<link>http://blog.thebusinessplace.com/succession/succession-did-i-make-the-right-plan/</link>
		<comments>http://blog.thebusinessplace.com/succession/succession-did-i-make-the-right-plan/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 17:46:22 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Succession]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=129</guid>
		<description><![CDATA[When you have a family business and several children you have to decide which child or children will be the heir apparent or do you go outside the business to bring in a professional manager?  Remember, often, the first generation makes the business, the second sometimes improves it, the third generation often destroys the company [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/succession/succession-did-i-make-the-right-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Selling a business &#8211; sell today or in 1 year?</title>
		<link>http://blog.thebusinessplace.com/sell_business/selling-a-business-sell-today-or-in-1-year/</link>
		<comments>http://blog.thebusinessplace.com/sell_business/selling-a-business-sell-today-or-in-1-year/#comments</comments>
		<pubDate>Tue, 02 Dec 2008 15:06:14 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Sell a business]]></category>
		<category><![CDATA[Succession]]></category>
		<category><![CDATA[valuation of a business]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=82</guid>
		<description><![CDATA[Typically, if you sell a business, the buyer of the business will look at historical financial statements. The current economic downturn is affecting many companies and may continue to do so for some time in the future.  If the slow down only effected the last say 3 months of your fiscal year, you have not [...]]]></description>
		<wfw:commentRss>http://blog.thebusinessplace.com/sell_business/selling-a-business-sell-today-or-in-1-year/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

