Keeping biz in the family? Start planning now: only 30 per cent of family businesses are successfully transferred to a second generation, according to specialist Jennifer East.
Northern Ontario Business › Vol. 26 Nbr. 3, January 2006
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Northern Ontario Business › Vol. 26 Nbr. 3, January 2006
Linked as:Summary
SPECIAL REPORT: SUCCESSION PLANNING
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Keeping biz in the family? Start planning now: only 30 per cent of family businesses are successfully transferred to a second generation, according to specialist Jennifer East.
Canada's baby boomers are set to retire at an alarming rate over the next decade. It's no different among the silver-haired owners of Northern Ontario's family-run tourist resort operators and outfitters.
[ILLUSTRATION OMITTED] Jennifer East, a tourism consultant specializing in su...See the full content of this document
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