Succession Planning for the Closely Held Businesses

February 19th, 2014 by Dan Stone

JimProskurniak_72Even closely held business owners don’t want to work forever. Starting a successful business is essential, but when it’s time to sell and move on, many closely held businesses do not have an exit strategy or have put enough necessary thought into succession planning.

Devry Smith Frank LLP Toronto lawyer, Jim Proskurniak has years of experience in engaging in active business planning with clients and has laid out important steps for closely held business owners to follow when it’s time to pass the torch. Read the full article for tips on factoring in family, non-legal issues and planning your sale or exit strategy.

Succession Planning for the Closely Held Business Article by Jim Proskurniak


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