For most business owners in Canada, succession planning is treated almost as an afterthought. Too often, owners don’t prepare themselves or their businesses adequately enough to exit it at its Read more
Tag: Succession
A Strategically Structured Outline For Business Succession Planning
One of the major questions I ask business owners is: “Do you have a succession plan or exit strategy for your business?” I also ask employees: “Do you know if Read more
Employee Stock Ownership Plans in Business Succession Planning
Small business succession planning is a major challenge and opportunity for community economic development. There are significant and some negative tax consequences following the death of an owner without a Read more