Succession Planning for the Canadian Business Family
Succession planning is vital for the long-term sustainability of any business, particularly those in Canada, where a generation of baby boomers is on the verge of retirement. For family-owned companies the ramifications might be even more sweeping. A good succession plan will manage a range of issues, such as human resource talent, family dynamics, corporate structure, estate planning, insurance and share transfer. This is a must-have resource for every Canadian small business owner.