Succession Planning: Drafting Your Regulatory Roadmap

…our Legal Requirements–Starting section for information on incorporating your business. The Canadian Association of Family Enterprise provides excellent information and assistance with family business succession planning. When You Would Like…

How to Plan Your Exit

…employees. Family Succession: Passing Your Business on to the Next Generation Most family businesses experience difficulty or fail when passed on to second and third generations because there isn’t a…

Avoiding the Pitfalls of a Family Business

…issues that can cause problems for family businesses. Read on, as we list some of the common pitfalls family businesses need to avoid. Structural Issues A family owned business can…

The 9 Key Players of Succession Planning

…critical role in helping to ensure a smooth transition. Below, you’ll find the 9 key players when it comes to succession planning. The 9 Key Players of Succession Planning Family….

Why Succession Planning is Your Key to Long-Term Success

…build the systems and processes for the business around these goals. How Much Does Succession Planning Cost? The earlier you start your succession planning, the less painful the costs will…

Using a Family Trust for Tax Planning

…business owner, to maximize the after-tax cash available to you. Discretionary family trusts are an incredibly useful tool that have become popular when structuring a corporation. A discretionary family trust…

Family Business: How to Thrive not Just Survive

As a mother-daughter team in business we are often asked how we do it, how do we run a successful business and be family at the same time? Truth is,…

Engage Millennials in Your Workplace with Succession Planning

…an exit strategy for business owners looking to retire and/or cash out, succession plans can be so much more. Succession plans are fundamental to every healthy business’ retention strategy. This…

How to Exit Your Business: Your Legal Requirements

…their business’s succession: only 10% have a formal, written succession plan, 38% have an informal unwritten plan, and the remaining 52% do not have any succession plan at all. Having…

Planning for the End: Why You Need an Exit Strategy

…to consider selling the business or shutting it down entirely. Family succession planning is not a simple task, so working with your family early on in your business can save…