Most definitely. According to a recent study prepared by the Canadian Federation of Independent Business, less than one third of small to mid size business owners are planning for their future succession. However, among those who have a succession plan, the majority are informal, unwritten plans, which have not been shared with the intended successor. Your BC Business Brokers advisor can assist you in preparing your plan and goal in selling your business taking in all aspects of the sale, direct you to the right professionals if required and generally assist in ensuring and implementing a successful exit strategy.
These frequently asked questions can guide sellers to a successful resolution for selling their business.