A Succession Planning workshop – featuring all you need to know before you exit your business – is planned for January 10, 2019, in Simcoe.
Brought to you by Norfolk County Tourism & Economic Development and Venture Norfolk, this workshop is targeted at business owners who are thinking of winding up their business and retiring, selling their business, passing on the business to another generation, buying out a partner or offering a buy-in to a new partner. Come learn about your one-time Capital Gains exemption, valuing your business, asset sale versus share sale, handling shareholders loans and investments, selling the business but not the property etc.
Transitioning from a business has many legal and tax implications and might not be as straight forward as it seems on the surface.
Register at https://norfolksuccession.eventbrite.ca.