In the December 7-13, 2010 issue of Business in Vancouver, Don Sihota, chair of our Business Succession group, notes that many baby boomers will be retiring in 2011, resulting in a large turnover of businesses, but few have succession plans in place. In his article, “The silver tsunami – plan now”, Don advises business owners to have a well-defined plan, so that they can retire on the wealth they’ve built into their business.
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content

New Guidance on Oil & Gas Abandonment Cost Disclosure
On November 5, 2015, the Canadian Securities Administrators (CSA) published guidance for disclosure requirements for abandonment and reclamation costs respecting amendments in National Instrument 51-101 ... Continued

Pets
A strata corporation passed a bylaw two years ago prohibiting pets. An owner wishes to sell the owner's strata lot, but the prospective buyer has a pet. Is a "no pet" bylaw enforceable?

Money Service Businesses: Cryptocurrency Dealers Beware
The proliferation of various cryptocurrencies (such as Bitcoin and Ethereum) has led to an influx of business ventures engaged in their purchase and sale. While ... Continued