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 BusinessVol. 26 Nbr. 3, January 2006

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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.

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Jennifer East, a tourism consultant specializing in su...

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