succession planning

Stocks
May 5, 2025

Applications open for NJ ESOP assistance program

New Jersey business owners can now apply for assistance to explore Employee Stock Ownership Plans, with up to $35,000 in feasibility support available through the NJEDA.

Transition
Oct 28, 2024

CLOSING ENTRY: Start early

For family-owned businesses, passing the reins to the next generation can be one of the most difficult challenges they face.

Stock market
Jul 19, 2024

Rutgers, NJEDA partner to spread employee ownership awareness

The $2 million initiative is based on a recommendation by the Wealth Disparity Task Force: ESOPs provide a succession tool for business owners while building wealth for workers.

Siciliano Landscape Co. President Karen Siciliano speaks with NJBIZ Editor Jeff Kanige on April 15, 2024.
May 6, 2024

NJBIZ Conversations: Siciliano Landscape Co. President Karen Siciliano

The leader talks about how she found a buyer for the company and the process that led to a sale.