Succession Planning for Business Owners: Striking the right balance

It is often difficult for entrepreneurs to separate family from business when planning their legacy. This intertwined transition is often challenging, with no one-size-fits-all solution. With a generation entering retirement in droves and a changing business landscape, these conversations are increasingly top-of-mind for many families and enterprises alike.

The day began with a presentation focused on succession strategies. Francesco Barbera, Founding academic director of the Family Business Institute and an associate professor of entrepreneurship and strategy at the Ted Rogers School of Management at Toronto Metropolitan University, shared his insights on what current succession and sale strategies look like for the owners of medium and small sized businesses.

Following the panel, Lorna Johnston, founder of The Change Institute, hosted a presentation on the psychology of decision making in legacy planning.Peter Jaskiewicz, full professor and university research chair in enduring entrepreneurship at the Telfer School of Management shared their insights on preparing the next generation for taking over the family business. This panel was moderated by Globe and Mail Personal Finance Reporter, Erica Alini.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Estate planning for business owners: The keys to successBNY Mellon Wealth Management Tax and Estate Planning Strategist Jere Doyle joins Wealth! to break down how business owners can best navigate estate planning....
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Victims of North York shooting were co-owners of business: sourcesAlmost 24 hours after a triple fatal shooting inside an office space in Toronto's North York neighbourhood, police are still on scene investigating how this crime unfolded and new details have surfaced about the victims.
مصدر: CTVToronto - 🏆 9. / 84 اقرأ أكثر »

US business owners seek higher insurance coverage as AI, election risks loom, survey showsArtificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

US business owners seek higher insurance coverage as AI, election risks loom, survey showsArtificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

A grant program for Black women business owners is discriminatory, appeals court rulesNEW YORK (AP) — A U.S. federal court of appeals panel suspended a venture capital firm's grant program for Black women business owners, ruling that a...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »