Succession Planning for Small Business

Whether it’s retirement, adventure or a new project, the time will come for you to move on from your business. But is your business ready for you to leave it behind? When you’re busy running the day-to-day operations, it’s likely the last thing on your mind. Additionally, life can have surprises and unexpected situations that may affect your business drastically. The best way to prepare is succession planning, which will help ensure your financial future and the longevity of your company. Key objectives will be to learn the benefits of early succession planning, family transition considerations, and alternate succession options, determine how to choose a successor and understand what the value of your business is and how to optimize it. Presented by Paul Savage of Pacific Business Brokers and this seminar is hosted at Small Business BC in Vancouver and delivered to other locations via live video conference. Please note: all webinar participants will also receive access to a recording for seven days after the live session.