Building a successful family business takes time, strategy and sacrifice. Entrepreneurs face a multitude of challenges while growing a company, but one of the greatest is often succession planning. ...
How Bill C-208 will ease the tax burden on family business
Family business is the backbone of the Canadian economy. When a family business is passed down to the next generation, we see so many positive ripple effects in the economy: ...
Family and corporate governance: A powerful combination
One of the most valuable qualities that family businesses share is intimacy – that is why family and corporate governance is so important. Not only do the team members know ...
Ownership transition strategies: 4 factors to bridge the generation gap
If there is a single constant in the world of business, it’s change. Savvy and successful business owners know that when things get a little too comfortable, it’s often a ...
6 key facets to a successful family enterprise
A family enterprise can be recognized today as an important and distinct organization in the world economy, operating in every country. Although family businesses have been described as unusual business ...
The future of Family Businesses in Canada
Family businesses in Canada have come a long way from their humble beginnings. Far from simply representing a few scattered enterprises, family business is the backbone of the Canadian economy. ...