They say times are shifting. Almost 65% of Canadian business owners plan to exit their business by 2015, according to Canadian Federation of Independent Business research findings. Further, only 10% of business owners have a written succession plan, even though there are many significant advantages in planning for business succession.
Adastra Corporate Finance hosted a recent seminar to explore this topic. They invited John Becker to speak at the seminar on February 14th in Kelowna, BC. This seminar was focused on helping business owners recognize the value of their business and how to leverage that value on retirement, on the sale of the business or on expanding or purchasing another business.
The other speakers (pictured) included Tervor Parry – Executive Vice President and National Sales Director for Gordon B. Lange, Actuaries and Consultants and Paul Maarschalk, co- founder of Adastra Corporate Finance.
Contact John Becker for a summary of this seminar, or to be added to the invitatation list for the next family business succession planning seminar.