The Renfrew County Community Futures Development Corporation will have a seminar in September about business succession planning.
It’s a hot topic, as the impact of COVID stresses has caused many business owners to advance their retirement plans to contemplate an earlier exit than they may have been first anticipating.
myFM/Oldies 107.7 was pleased to talk recently with George Gilfillan, Business Support Coach with the RCCFD, and we asked:
What are the potential dilemmas if a business does not have a succession plan?
The Business Support Coach says undervaluation can be a costly mistake.
Gilfillan shares one instance the RCCFD came across.
The Succession Planning Seminar is Wednesday September 21st at the Horton Community Centre from 9AM to Noon, and tickets are available through Eventbrite’s succession planning tab or via RCCFD social media.
by Rick Stow
