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The Steps of Succession

Embarking on succession planning can feel overwhelming, yet it holds great significance for your business, particularly as you approach retirement or the sale of your business. To provide guidance through the succession planning process, we have prepared a...

5 “Reminders” When Selling Your Business

1. Remember to prepare your financial records One of the most important aspects of selling a business is having accurate and up-to-date financial records. Buyers will want to see financial statements, tax returns, and other financial documents to assess the value of...

3 Benefits of Mentoring your Successor

Mentorship is one of the most effective ways of implementing a successful succession plan as it allows for seamless transition from one leader to another. A business owner can mentor internal employees or external buyers that will eventually take over the business...

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