Mr. Morrow advises small business owners to start the process early: three to five years or more – and that’s in the case of ...

Small business owners say it’s best to have a plan well in advance of making a big change like ceding a business to someone ...

Fortunately, there are many options available today than there were 10 or 20 years ago. Today you have the choice to sell ...

A streamlined sanity check that highlights the key areas every business owner should assess. If any of these points raise ...

Over two thirds (69%) of family business owners do not have a succession plan detailing what will happen to the business and ...

Starting a small business is hard. Figuring out what to do with a small business when an owner is ready to retire can be even more difficult. Small business owners say it is best to have a plan well ...

Transition is inevitable; planning for it is essential. Whether you’re considering succession, selling, or passing your business to the next generation, having a well-crafted exit strategy can ...

SP: One distinguishing feature affecting Canadian law firm succession planning is the regulatory restriction on alternative business structures, or ABS, which precludes ownership by non-lawyers. As a ...

The tendency to fixate on financial structures rather than leadership preparation stems partly from the discomfort of ...

Through strategic planning, the family transformed their winemaking roots into a celebrated brewery in Tatamagouche, N.S.

The most common options for exiting a business include creating a succession plan for a family member or someone already involved in the business; selling the business to an outsider; or simply ...