Beyond Your Business - Step-by-Step Succession Planning
Are You Ready?
More than 40% of business owners plan to leave their businesses in the next five years and yet, over 60% do not have a formal exit strategy.
What The Future Holds
As difficult as it may be, it’s important for you to picture the day when you will no longer be in charge of your business.
Succession Planning goes beyond choosing successors and financial, legal and tax implications. It takes into consideration how family, employees, customers, and the owners are affected.
Without a proper transition plan, the opportunity to optimize the value of your business and consider all other implications are lost.
Planning should start at least 5 years ahead of time, preferably 10. Putting a plan in place doesn’t mean you must exit or sell your business the next day, but advance preparation is the key to a successful transition.
Youth Access Program Announced in Berwick
Mr. Greg Kerr, Parliamentary Secretary to the Minister of Veterans Affairs and Member of Parliament for West Nova was joined by Ron Robichaud, ACSBE Managing Director, and Amie Haughn, ACSBE's Director of People Development to announce the Youth Access program in Berwick, Nova Scotia.
BERWICK, NOVA SCOTIA, January 21, 2010—Local youth who face barriers to employment will get job-preparation training and work experience through the Government of Canada’s support for an employment project.
