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Business Assessment & Planning - a number of businesses interviewed through the BR+E process requested help with business & marketing plan development, relocating to an area in our region that is more visible to clientele, and business expansion.  Our local business organizations can help your business to assess your current situation, feasibility of expansions and relocation, and business plan development.  Contact the following people:

  • William Elliott, ELNOS at 848-0229 or by email, welliott@elnos.com
  • John Smith, East Algoma CFDC at 356-1152, ext#24 or by email, jq@eastalgomacfdc.ca

Canada-Ontario Business Service Centre - http://www.canadabusiness.ca/eng/ 
This website provides on taxation, marketing, current business issues, management & planning, and much more...

Business Succession Planning - whether you are looking to pass your business on to your children and other family members or to find suitable people with the necessary knowledge and skills, you must plan for the succession of your business.  Statistics show that only one-third of family owned businesses survive the transition to the second generation.  It is becoming more and more common for family-owned businesses to sell their operations to others.  Bottom line is you need a succession plan.

  • Business Development Bank of Canada - The BDC online offers strategies for making the right exit choices, advice on how to pass a business on to a family member and the planning needed, development and implementation of a succession plan, and much more.
  • BDO Dunwoody - Help with assessing viability of succession planning, assessing child's interest in the business, succession plan development and implementation, and estate considerations.
  • Business Transition (PDF) - http://www.cfib.ca/research/reports/succession_0405_e.pdf
  • Succession Planning - http://www.omafra.gov.on.ca/english/busdev/succession.html

Canada-Ontario Business Service Centre - http://www.canadabusiness.ca/eng/
This website provides on taxation, marketing, current business issues, management & planning, and much more...

Canadian Association of Business Incubators - CABI's main goal is to help small business incubators - and their clients - succeed.  Incubators, which can be mixed-use or sector specific, provide a variety of services, including office space, hands-on management assistance, education, technical and vital business support services, networking resources, and financial advice.

 

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