How to sell, transfer, or wind down your business with the new Succession Ontario Planning Hub

Local Small Business Centres will now be offering support to help your business transition when you are ready to exit.

“To further support the planning process, Small Business Enterprise Centres located across the province will receive training and resources to acquire the knowledge and skills they need to deliver one-on-one advisory services in their local communities.” – Media Release, “Ontario Investing Nearly $2 Million to Help Entrepreneurs Plan for the Future”

In addition to this one on one support, a new Succession Ontario Planning Hub, full of easy to use resources, has been launched to help you successfully plan what will happen to your business when you are ready to leave it.

Most small businesses don’t have a formal succession plan, which leaves successful businesses at risk of closure when the owner decides to retire. Having a plan in place helps keeps these thriving businesses in play, while giving you the best opportunity to get the value of your hard work.

Next Steps:

• Connect with our local Small Business Enterprise Centre, Leeds Grenville Small Business 
• Check out the Succession Ontario Planning Hub:
  • Start Planning with the Succession Roadmap
  • Resource Library
  • Valuation Tool
  • Explore Exit Options
  • Subscribe to the Succession Ontario Newsletter for updates