It's never too early to start planning your exit strategy to ensure you get maximum value from your business. Here are a few online resources to help you get started.
- Canadian Federation of Independent Business: Building a succession plan
- Business Development Bank of Canada (BDC) succession planning tools
Consider joining your local Chamber of Commerce to take advantages of their services and the expertise of their membership.
Based in Saskatoon, SK Startup Institute provides information – online, by phone or in person – to those wanting to start, expand or sell a small business anywhere in the province.
Community Futures are a network of federally funded organizations that assist small businesses in the communities they serve.
The Saskatchewan Immigrant Nominee Program – Entrepreneur and Farm Categories could be an effective way to find a motivated entrepreneur to purchase your business or farming operation. Use this list to find registered Saskatchewan immigration consultants and lawyers who might be able to assist.
Research online business match brokers such as Succession Matching.
It is prudent to seek the advice and services of financial planners, accountants and lawyers when developing your plan. Although the Government of Saskatchewan cannot recommend specific advisers, resources such as Chamber of Commerce membership lists and the Better Business Bureau Central Canada can provide a starting point. The Chartered Professional Accountants of Saskatchewan provides a list of accredited members.