A shared concern in the back of the mind of many small to medium business owners is – Who is going to take over when I retire?
According to a 2013 Canadian Federation of Independent Businesses survey, 75% of Canadian business owners will exit their business by 2022. That’s only 3 more years. Let that sink in. For business owners who haven’t put much thought into succession planning, the continuity of their hard built business is at stake.