Thursday, March 13, 2008

Succession Planning for Business Owners

Some of you may have noticed that I've been a little quieter than usual on the blog. It's because I've been involved in a number of pretty large pieces of work, one which revolves around Succession Planning for Business Owners. Later this month, YSSTAB will be launching the Succession Planning Webinar series for SME's (Small and Medium Enterprises) for York Region. York Region is just located north of Toronto and is Canada's fastest growing census division.

You can read more about the Succession Planning Webinar series over at YSSTAB's website. Approximately 70% of business owners will be retiring in the next decade or so and surprisingly a very small proportion have a succession plan in place. This has the potential for profound impact on the labourforce (for places like York Region especially where 95% of the labour force is employed with a SME), as well as the economy.

As a Business Coach, I am joining 3 other experts (a business valuator, a lawyer, and a financial planner) on this hour long webinar series, designed to provide SME's more information about sucession planning and what to consider when creating one for your own business.

It's been a very exciting process for me over the last few weeks and I am looking forward to keeping you posted as we move into the launch of the webinar series. In the coming weeks, I'll be sharing with you a number of the 8 strategies I talk about during the succession planning webinar.

Do you have a succession plan in place for your business?

Stay tuned!

Jennifer

Jennifer Britton, PCC, CHRP, CPT
Potentials Realized
Toll Free: 1-866-217-1960
Email: jennifer@potentialsrealized.com

2 comments:

kiramatali shah said...

The Center for Media Research has released a study by Vertical Response that shows just where many of these ‘Main Street’ players are going with their online dollars. The big winners: e-mail and social media. With only 3.8% of small business folks NOT planning on using e-mail marketing and with social media carrying the perception of being free (which they so rudely discover it is far from free) this should make some in the banner and search crowd a little wary.
www.onlineuniversalwork.com

kiramatali shah said...

The Center for Media Research has released a study by Vertical Response that shows just where many of these ‘Main Street’ players are going with their online dollars. The big winners: e-mail and social media. With only 3.8% of small business folks NOT planning on using e-mail marketing and with social media carrying the perception of being free (which they so rudely discover it is far from free) this should make some in the banner and search crowd a little wary.
www.onlineuniversalwork.com