Three business succession secrets

According to this article I just read at Get Growing for Business, up to 70% of owners of small and medium-size businesses will retire in the next decade. Many of those owners haven't even started planning their exits from their businesses. My clients have told me for years that sometimes the idea of retiring from a business you own is almost overwhelming and it's tough to know when and where to start. Here's an article with a few great tips to get you business owners thinking about your retirement. Click here.

If you'd like in-depth ideas, information, discussion, checklists, and guidance on business succession planning, check out my book called Succession Planning Kit for Canadian Business. It covers transitioning the business to your kids, management buy-outs, and sales to outside buyers.