Succession Planning: You Have More Options than You May Think!

November 4, 2015 @ 8:30 am – 12:00 pm
Regional District of Central Okanagan
1450 K. L. O. Rd
Kelowna, BC V1W 3Z4
$15.00 plus GST
Sandra Ballan-Brown

Privately-owned small and medium-sized businesses are the backbone of the Okanagan economy, yet a study by the Central Okanagan Economic Development Commission showed that only 40% of local businesses have any kind of succession plan in place.

Transferring a business to a family member or the outright sale of a business, are commonly thought as the only options available. But successful businesses have other options. Even if succession is still a number of years away, there may be ways the owner of a successful business can take cash off the table, while still retaining a significant stake in the company.

If you are the owner or majority shareholder of a private business, join us on November 4 to learn about options such as divestiture, management buyouts, recapitalization, and the unique benefits of Employee Share Ownership Plans.