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Succession Planning: From Principle to Practice

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Kings Municipal Building

87 Cornwallis Street

Kentville, NS B4N 2E5

Canada

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Succession Planning: From Principle to Practice will help 15 small business owners plan for the sale or transition of their company. Through in-class training, 1-on-1 coaching, peer-to-peer networking, and hands-on exercises, participants will learn how to create a succession plan tailored to their business’ needs.

Specifically, participants will:

  • Better understand the need for succession planning and eliminate common succession barriers.
  • Understand the many different succession planning approaches and identify which one is best suited for their business.
  • Hear from other businesses that have successfully executed a succession plan.
  • Learn strategies that can help make their business ‘sellable’.
  • Examine and reflect on their business’ strengths, weaknesses, opportunities, and threats in relation to succession planning.
  • Work one-on-one with a Business Counsellor to tailor the training content to their own circumstances.
  • Build a network of people and organizations that can help them with various aspects of their succession plan.

Other Considerations

  • Each live training session will feature a mixture of content-based instruction by the facilitators, peer-to-peer discussion, hands-on exercises, self-reflection, and other learning activities.
  • Participants are encouraged to openly share their stories and experiences; however, they are not expected to share any details about their business they wish to keep confidential.
  • Anything shared during your one-on-one sessions with the Business Counsellor will be strictly confidential, to protect your privacy.
  • All live sessions begin promptly at 10:00am and end at 3:00pm. One hour will be provided for lunch and a light lunch will be provided.
  • Live training facilitators will be Joel Stoddart and Anne Stieger (Acadia Entrepreneurship Centre).

Training Dates: October 18, October 30, and November 20, 2018 (all times 10:00am-3:00pm)

Fees and Registration

The registration fee is $99 (HST exempt), which entitles each participating business to TWO (2) seats. To register, email Jennifer Tufts at jtufts@valleyren.ca or call 902-678-2200. Registration deadline is Friday, October 12, 2018.

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Location

Kings Municipal Building

87 Cornwallis Street

Kentville, NS B4N 2E5

Canada

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