Older Generations Need to Think Ahead
“The key to successful transitions involves focusing that same energy on planning the next stage of life and putting their wealth to work through investments outside their own companies.”
There’s always a lot of focus on starting a business, and not so much on successful transitions and successions - especially in Canada. Advocating for entrepreneurs and business owners to ask the right questions and take the right steps is an important part of my work. Don’t lose your legacy to poor planning.
The article below is a previously published piece I wrote for Family Business United featuring Maria Milanetti, a partner at MarchFifteen, a consulting practice specialising in business transitions, and lasering in on the steps to securing your businesses’ future success.