Succession Planning for Small Business Owners
When you own a business, it isn’t just business – it’s personal. Your business is an important part of your life and, to a large part, defines who you are as an individual. But unlike many public and private sector employees, you don’t have the luxury of getting a pension.
What is business succession planning?
Business succession planning or family business succession planning is an integral part of any business. As the owner, business succession planning helps ensure a successful financial transition from work to retirement. A good succession plan can include a tax planning strategy to build and preserve wealth over the years, so you can retire in peace. Do you want to preserve your business? Give us a call and talk to one of our advisors about what are the best options for you and your business, in Ontario, and especially in Toronto, Brampton, Ajax, Markham or anywhere in the Greater Toronto Area.
The value of an Advisor
An advisor will help you make the best choices for your situation, your investments and insurance needs.