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A business owner and his son standing in their production facility

Considering Handing Down Your Family Business? Ask These 5 Questions.

You can achieve a delicate balance: Hand down your business to family, set up a new generation for success, and fund your own secure retirement.

4 minute read
An older entrepreneur stands smiling in a brightly light production facility

How a succession plan can help protect you, your family, and your employees

The “what ifs” help you create a succession plan that adapts.

3 minute read

Principal Business Owner Insights: How employee benefits help growing businesses

Our survey shows what small and midsize business owners prioritize and which plans they put in place. How do your priorities and plans compare?

3 minute read
Photo of Lance Hennesay and his father who owned a family business and utilized family business transition planning to determine the future of the small business.

7 ways to successfully navigate the ‘family’ in your family business

Related to your business partner? Here are seven tips to help mix family and business.

4 minute read
Photo of Bell Brothers Heating & Air, a small business creating a plan for succession.

Business succession planning in 6 steps

Know the true value of your business and have a succession plan in place. Here’s how one small business did it.

6 minute read

Insurance from Principal issued by Principal National Life (except in NY) and Principal Life Insurance Company, Des Moines, IA 50392.