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Passing on the Business to the Next Generation

Canadians will see a massive transfer of small business assets in the next decade – possibly more than a trillion dollars – but there’s a problem: many entrepreneurs don’t have a succession plan in place.

The 2008-2009 recession prompted many baby boomer entrepreneurs to delay their retirement plans and stay in business longer than they had anticipated. That’s according to a new report, Passing on the Business to the Next Generation based on survey data from the Canadian Federation of Independent Business (CFIB).

Please read the report to learn more.

November 26, 2012

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Topics in this Article: Research Reports