RBC Business Succession Planning: Your Essential Road Map

A succession plan provides direction on how the ownership of your business will be transferred. It identifies your potential successors or confirms that successor and details the transfer of the ownership of your company.

A successful plan includes documents like agreements, wills and powers of attorney, business, estate and tax plans. Having each of these elements in place will help ensure that your business continues to thrive while you pursue your personal goals for retirement.

This workbook has each of the sections on the RBC Succession Planning web site, allowing space for you to enter in your own information and notes. Upon completion, you’ll have a document that can help you plan your business succession.

In this guide, you'll learn about:

• Creating your Team of Advisors
• Exploring Your Exit Options
• Determining and Maximizing the Value of Your Business
• Planning Your Retirement
• Tax Strategies