There are three main exit options for business succession:

• Transfer the business to a family member
• Sell to partners or your employees
• Sell to a third party

Your advisory team can help you assess your options and decide which exit strategy is right for you, your family and your business.

Business Succession Strategies	Breakdown(1) by Company Size
	Total	Revenue less than $1 Million	Revenue $1 to $5 Million	Revenue more than $5 Million
Pass business to family members	30%	28%	42%	29%
Sell to 3rd party	38%	40%	19%	34%
Sell to management/employees	12%	12%	17%	15%
Sell to partner	6%	6%	10%	11%
Don’t know	5%	5%	8%	11%
Wind down business	9%	10%	3%	1%

1) Quantitative Study of the Business Succession Market in Canada (March 2007)