The 5 Phases of a Successful Exit Strategy
We’ve all heard the saying that failing to plan is planning to fail. This can be especially true when it comes to selling your business.
For the first time in Canada, there are more people over the age of 65 than under the age of 15. This trend has particular implications for business owners as they look to retire. Despite the fact that 70% of Canadian businesses will need to transition, only about 9% have a formal succession plan.
Proper transition planning is critical to the continued success of every business and farm and a good plan starts with education.
This is why CFIB has invited Alison Anderson, founder of SuccessionMatching.com, to offer her expertise on the subject of succession planning via a free webinar to CFIB members and guests.
This free webinar will cover the following topics:
- An introduction to the three types of succession planning: Family Transition, Employee Share Ownership Programs, and Third Party Sales
- Timelines and expectations
- Resources available to business and farm owners
- Introduction to SuccessionMatching.com
If you are thinking of selling your business at some point in the future, please join us for this free 30 minute webinar, followed with a 15 minute Q&A. Simply click on the link of your preferred date below to register.