business succession

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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