Economic Development Professionals
Succession Planning and Business Transitions for Economic Development Professionals
Lack of business succession planning is a leading contributor to poor business retention within community economic development initiatives. Our objective is to assist communities in retaining these valuable community assets and helping to ensure local businesses continue versus shutting down.
SuccessionMatching and Succession Plan Canada have partnered to bring together stakeholders in the community from the private and public, and not for profit sectors. Once the business community is selected, the stakeholders will be brought together to develop an action plan and implementation strategy to actively engage and assist business owners looking to transition their business. Over the course of the next three years, the SMCP will provide a “boots on the ground approach” with seminars, informational resources, one on one assistance and other programming in these communities.
If you would like to be a part of ensuring the future of Canadian communities, or for more information and to request an application for the SMCP, please use our Contact Us Form.
Deadline to take part in the Fall webinar series is October 1st, 2017. For a full list of webinars, please visit this page SMCP Fall Webinar Series.
Workshop - Business Transition and Succession Planning
Are you concerned about business succession on your Main Street? Community Futures Capital Region, SuccessionMatching, and Succession Plan Canada have partnered on an online workshop to help economic development professionals assist their business communities with their succession plans.
Date: October 3rd, 2017
Time: 9 am - 3 pm MDT
Cost: $695 + GST
By the end of this course, participants will be able to:
1. Understand the importance of business transitions in our communities
2. Explain the three different types of business transitions
3. Outline the necessary steps business owners need to take in a succession plan
4. Identify the key succession planning professionals that should be involved in a transition
5. Understand programs available for business transitions and succession planning
6. Design, apply and engage community stakeholders and business owners in their business communities
Length: 6 hours
Want to join free of charge? Community Futures Capital Region has sponsored 10 spots for participants, these will be handed out on a first come first served basis.
For more information or to register, please visit the Succession Plan Canada Workshops Page.
Participants in this workshop will have access to ongoing and up to date information, resources, and templates on the three types of business transitions: family, employee share ownership programs, and third party sales.
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