Enterprise Bank & Trust

Blog: September 2016

Business Succession Planning

September 22, 2016

An ideal estate plan for a closely-held business owner should have two major components: (1) an estate plan and (2) a management succession plan. The estate plan addresses issues involving succession to beneficial ownership of property, minimizing transfer taxes and providing for adequate liquidity. The management succession plan centers around the control of the property, establishing a successor(s), management of the business operations and other unique family considerations.

Read more

What Can Baseball and Business Intelligence Teach Us About Winning in Business?

September 7, 2016

In today’s fast-paced business world, having instant access to key decision-making information is critical. It not only provides a competitive advantage, but it is also directly tied to an organization’s ability to compete.

Read more