Special to MassMutual

Learn how hiring a general manager can reduce owner dependence, build transferable value, and help family businesses bridge generational gaps.

The two sides of your life are distinct yet interdependent, which makes coordination essential.

The more customers your business can claim, the more likely you can increase profit margins.

Are you an owner wondering what papers you need for the deal? Here's an FAQ.

Filing a life insurance claim can seem daunting, but armed with the right information and documents, beneficiaries can ensure a smooth and timely process.

A sound strategy can add value to your firm and make it attractive to a potential acquirer.

It can help improve cash flow and drive gains in the value of your firm.

It’s usually not generational differences that disrupt family businesses, but individual ones.

There are many strategies to explore that can help facilitate the smooth transfer of your business.

For buyers to make a good offer, they must be confident that they understand how your company operates.

How you operate should depend on factors such as legal liability, taxation, and ease of transfer.

Remember what made your business exhilarating in the past and what might help recapture that feeling.

While your business can generate consistent profit, it is often an illiquid asset.

As a business enterprise matures, it may need more leaders in its operations than followers.

Knowing your net margin is a prerequisite for exiting your business on your terms and realizing its full value.

Funerals can cost thousands of dollars, but there are ways to save and protections for consumers.

There are several types of arrangements, each with its own advantages and disadvantages.

A successful business exit strategy takes planning and should cover five areas.