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Developing a succession plan is vital for family businesses 

A recent family business survey conducted by the National Bureau of Economic Research’s Family Business Alliance indicates that only 15% of the family businesses have developed and documented anything appearing to be a succession plan. This is troubling because succession of ownership and leadership is a critical issue for the long-term success of a business. 

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Dave & Buster’s opens at Lehigh Valley Mall in Whitehall

The much anticipated Dave & Buster’s in Whitehall opens at noon on Monday. The restaurant, sports bar and game center replaced a number of outbuildings at the Lehigh Valley Mall on Mac Arthur Road, including a former Wendy’s and Friendly’s and an office building that had previously housed tenants such as the Whitehall Area Chamber of Commerce.

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