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There are three main exit options for business succession:
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 – The Breakdown¹ |
| Pass business to family members |
42% |
| Sell to 3rd party |
19% |
| Sell to management/employees |
17% |
| Sell to partner |
10% |
| Don’t know |
8% |
| Wind down business |
3% |
1 Quantitative Study of the Business Succession Market in Canada (March 20)
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