by rtown | Dec 7, 2019 | Blogs
Management, ownership, and leadership in family business succession planning So, what’s the difference? Succession planning for you family business is crucial if you want your business to succeed after you’ve retired. However, there’s much more to...
by rtown | Nov 30, 2019 | Blogs
Get a Better Handle On The Unique Challenges During Family Succession Planning There are many technical aspects and tools required to prepare and execute a succession plan. There are also non-technical aspects, like family dynamics that can play a much...
by rtown | Nov 25, 2019 | Blogs
While planning for business succession, I looked for resources that could provide me with as much insight on transitioning my family business and building a business that lasts. I found that many of these books not only helped me develop succession plan strategies but...
by rtown | Nov 20, 2019 | Blogs
It takes more than you may think. Starting succession planning early is something that most small businesses avoid doing, and that’s likely because it can be a difficult subject to discuss. According to a 2017 BDC(provide source) survey, five out of six...
by rtown | Nov 5, 2019 | Blogs
It takes years to plan a family business transition plan.. Experts say, transitions could take over five years to see the succession from beginning to end. For family business succession plans, it can take up to 10 years depending on the size of the...
by rtown | Oct 25, 2019 | Blogs
Canadian entrepreneurs are getting older, beginning to think about retirement, and most don’t have a succession plan in place. “59% of Canadian entrepreneurs are 50 years old or older, where only 32% of Canadian workforce workers are 50 years old or older,”...
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