Business Succession Planning Statistics

When people start a business they are usually full of optimism and positive energy for the future. They really don’t want to focus on anything negative. But the reality is, bad things happen to good people, and failing to plan for those events is just going to make the bad times, if they do happen, that much worse.
Here is a really good article with some statistics on Canadian businesses and how good they are at planning for succession.

In a nutshell, they aren’t. Not only are they not good at it, most aren’t doing it at all.

If you count yourself among those who really need to do some planning, contact me and we can discuss what your business might need. It’s really not as painful as it might seem. Remember, the future is going to arrive whether you like it or not.

About Maria Holman

I am a lawyer with over 28 years of experience in drawing up wills, trusts and estate plans, helping clients with probate and estate administrations and advising business owners and families about planning for the future. You can find me at Webster Hudson & Coombe LLP in Vancouver, BC
This entry was posted in Law and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s