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Succession Planning
Successful succession planning doesn't just happen. Learn about business succession planning, including family business succession planning, with these articles.
Family Business Succession Planning
Succession planning can be especially complicated with family businesses because of the relationships and emotions involved. This article discusses the main issues of family succession planning and presents six tips to make succession planning less painful and more successful for your family business.
Farm Succession Planning Guide
There are many useful pointers for family succession planning for farm businesses in this booklet that you can order from Service Ontario. This page also has links to "The Components of a Farm Succession Plan" and "The Dos and Dont's of Farm Succession Planning" (Ontario Ministry of Agriculture, Food & Rural Affairs).
Handing Over the Reigns: Succession Planning
This article on family succession planning from Grant Thornton, LLP, provides insight into some of the challenges involved with handing the farm over to the next generation.
Succession Planning
This series of articles on succession planning from the BDC includes pieces on "Creating a Business Succession Plan" and how to "Implement Your Succession Plan".
"Succession Planning - Passing On the Mantle"
Why, when and how to create a business succession plan, including ways and means of transferring your business (SBA).