Top 3 Family Business Succession Planning Methods

Top 3 Family Business Succession Planning Methods

  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...
Understanding Continuity Planning and Succession Planning

Understanding Continuity Planning and Succession Planning

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...
Top 10 Succession Books

Top 10 Succession Books

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...
Guide to Family Business Succession Planning

Guide to Family Business Succession Planning

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...
5 Reasons to Start Your Family Business Succession Planning

5 Reasons to Start Your Family Business Succession Planning

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...
Your Guide To Succession Planning

Your Guide To Succession Planning

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,”...