Blog Layout
6 Tips for Succession Planning
Corporate • May 06, 2020
For business owners, succession planning should be a vital part of their strategy – even if the eventual exit from the enterprise is years or decades away.
However, a recent poll found that only 42 per cent of small business owners are uncertain about their retirement and almost half – 48 per cent don’t seek financial advice.
Use these six tips to evaluate if you’re paving a road for success or if you need to clear some bumps along the way.
P.S. Download our complete Business Succession Planning 101 E-book to understand what you should you know before you sell or wind down your business.
Speak to your advisor or contact one of our advisors to see how we can help.
Canada’s Federal Government released its new budget for the year ahead providing key details on important support programs. Our budget Infographic provides the key highlights.
The third week of February marked a crucial period for IPC Private Wealth clients, featuring up to four major portfolio events.
In his Q1 update, Rana notes that the financial markets have started 2024 on a strong note, with the S&P 500 climbing approximately 13% (CDN), marking the most robust start since 2019. This surge brings us to his topics for discussion: the psychological phenomena’s of FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, and Doubt).
