This article follows up from yesterday’s article on succession planning. Once you’ve figured out what’s next for your business – whether it’s keep or sell, you want to figure out the transition. This article offers tips to make that transition as smooth as possible.
How early to tackle business transition issues | Advisor
What’s next for your business? If you haven’t posed that question to your client with a small or medium-sized business, don’t put it off any longer. That’s because it’s never too early to think about transition planning, says Sean Foran, managing director of Business Transition Planning with CIBC Wealth Management.