Here's how a succession plan could actually save your small business

IFEL's CEO Jill Johnson discusses the benefits of developing a succession plan, and how it can be integral in business's success with NBC news. Nearly 60% of small business owners said there has been at least one positive thing to emerge from managing through the coronavirus pandemic that will be continued by their organization in the future, a new report has found.

Wilmington Trust's upcoming Business Owners' Outlook shows that for some entrepreneurs that may mean working remotely or having better communication with employees. For others, it could be creating or revising a plan for what would happen if another unexpected event hit their business.

"You're putting your livelihood, and often the peop