One of the most demographic trends in the next decade will be the aging population. This will impact the SME sector, as well as economic growth and standards of living. Well thought out strategic goals for succession planning are key to your success. Most problems with business transition are that succession planning does not take place soon enough and happens too late or at crisis points. Working on an integrated approach with advisors from legal, bankers, financial advisors and accountants to help formulate strategic goals will help increase business exit value, as well as evaluate how much money or income you will need for your future.
Introduction of Paula Cruickshank by: Angelica Mirza, Mirza Global Search
Moderator: Paula Cruickshank, Senior Vice President, BDC
Panelists
- Bob Lawrence, CPA, CA, CBV, CEPA, CEO of Veer Advisors Ltd.
(Why plan for transition? Who should be involved? Transaction Management, etc.)
- Diane McCurdy, CEO & Founder, McCurdy Financial Planning Inc.
(How Much is Enough? Taking care of you!)
- Jennifer Archer, Partner, Borden Ladner Gervais LLP
(Conducting legal audit, positioning sale, negotiating, disagreements, and closing sales)
