Author name: Tony Sokic

Managing Partner

female ceo engaging in business leadership meeting

When it’s time to bring outside leadership into the business

There comes a point in the life cycle of a small to medium-sized business when its founder (assuming he or she is still in charge) needs to make a difficult, yet critical decision: whether to bring in outside leadership to help run the business. It’s not a decision to be taken lightly. Entrepreneurs give their …

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business succession discussing passing business to adult kids

Business succession: Do your kids really want to take over the family company?

Looking to transition your business to the next generation so you can enjoy retirement, or simply because you’ve decided that it’s time to hang up the entrepreneurial reins? You may want to take some lessons from the popular HBO series Succession to ensure things don’t go seriously awry, creating irreparable family rifts—and even loss of …

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Mother and daughter talking about business succession strategy

The Silver Tsunami is here: Is your business succession plan ready?

According to a recent report by the Canadian Federation of Independent Business, 76 per cent of Canada’s business owners plan to exit their business within the next decade (15 per cent within 12 months; 41 per cent within one to five years; and 20 per cent within six to 10 years). This points to a …

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Large airplane wing

Looking for international growth outside of Canada? Here’s what to consider

Organizations aiming to expand outside of Canada have the potential for exponential international growth. But all too often, leaders underestimate the complexities and time commitment involved. Small to medium-sized businesses that jump too rapidly or aggressively into international growth can face disappointment and crippling expenses. Even major corporations can downplay the challenges involved. Just ask …

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