Ninety percent of businesses in Canada are family run operations with inadequate planning. These businesses are not assured against excessive taxation and unnecessary losses that are due to preventable liabilities. Some seventy percent of those businesses never make it to a second generation and ninety percent of those businesses never survive to the third generation - simply because of inadequate company asset protection.
Retirement need not spell the end of your business, so long as you have a plan in place. In order to avoid unnecessary complications, it is important to implement the most effective business succession strategies available. As experts, our planners have an extensive understanding of the structures that regulate business transfer and succession. We are ready to help facilitate succession planning in your family owned business.
Working with you at every step, from the initial stages of retirement to the final transition of responsibilities, MacMillan will create a process that ensures maximized wealth retention for you and your family. Contact us today to find out more about our services.