Selling a Business: Training Your Successor

Having written job descriptions is essential for a smooth transition to ensure everyone knows what they should be doing. However, knowing what you should do is not the same as knowing how to do it. This is where training comes in. Training comes in different formats...

Buying a Business: Personnel

In many cases when you purchase a business, it includes payroll with employees that will now be working for you. You will need to familiarize yourself with the organizational culture and structure. Some key questions include:  What are the job responsibilities, rates...

Selling a business: What do you want to do next?

Once you’ve figured out you want to sell your business and you have planned your exit strategy, the final step is up to you: what do you want to do next? Some people dream of retiring to a warmer climate, and after our long winter here in Manitoba, who can blame...
Steps to Sell Your Insurance Agency

Steps to Sell Your Insurance Agency

Whether you’re retiring, passing your insurance agency on to family, or considering other endeavors, selling or transitioning your business can be a complicated and stressful process. If you are considering transitioning out of your insurance agency, make sure to take...