Brad Williams: Succession Planning

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As 2025 comes to a close, it’s time for me to review my predictions from last year and predict ten more trends for 2026. Just like last year, I will avoid predicting where the stock market will be at the end of 2026; instead, I will stick to identifying trends that supply houses will find important in the upcoming year. My scorecard shows I got 7.25 out of 12 right. With all of that, let's jump in and review my 2025 predictions.

Passing your business to a successor may seem easy, but researching potential candidates is essential. Evaluate their fit with your company’s values and strengths. Consider training a promising member of your management team early.

As 2024 ends, I’ll review last year’s predictions and share twelve trends for 2025. I’ll focus on important trends for supply houses rather than predicting the stock market. Let’s dive into my 2024 predictions.

In this article, we will discuss the significant trends impacting the industrial distribution sector, including digital transformation, automation, data optimization, omnichannel approaches, challenges in improving profit margins, legacy system fragmentation, and industry consolidation.

This article covers the significant trends impacting the industrial distribution sector, including digital transformation, data optimization, omnichannel approaches, and industry consolidation. It offers insights into how these trends will shape the future of industrial distribution.

As 2023 comes to a close it is now time to review my predictions from last year as well as predict ten more trends I see as we enter 2024.

Estate planning can be a complex process, particularly for business owners who need to consider not only their personal assets but also the future of their business. Here are five tips for business owners to keep in mind when planning their estate.

The benefits of buying companies are vast. In this article, I will explore the reasons for buying a company today that will benefit your company in the future. There is an entire industry built around the idea of “buy to sell,” — private equity.

An exit strategy is a contingency plan for a person to exit a business in the event that it meets a substantial profit or it becomes no longer profitable. Investors, business owners, traders, or venture capitalists may plan exit strategies when become involved with a business. The purpose of an exit strategy is to limit losses or maximize personal profit when the exit occurs.