7030 Woodbine Ave unit 500 Markham, ON L3R 6G2
Succession planning
Eligible ages:
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Minimum Age: 10 Years
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Maximum Age: 65 Years
The Art of Succession Planning
There are both perks and challenges associated with being a business owner. There can come a point in time when you think about giving up your company ownership. If so, you ought to understand some of the ramifications and the necessity of making plans.
Succession planning is the art of nurturing tomorrow's leaders today.
Main Features
Succession planning is the strategic process of preparing for the future by identifying and developing talent within an organization to fill key leadership roles.
- Efficient tax planning
- Your family situation
- Employee consideration
- Reduce tax implications
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Emergency Succession
Planning for unexpected leadership gaps due to unforeseen events, such as illness or sudden departures.
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Talent Retention
Implementing strategies to retain top talent and prevent the loss of key employees.
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Diversity and Inclusion
Promoting diversity in the succession plan to ensure a variety of perspectives and experiences are considered for leadership roles.
Talk to our insurance experts
Engage in a conversation with our insurance experts who are here to offer you valuable insights and advice. Whether you’re looking for guidance on selecting the right policy, have questions about your coverage, or need assistance with a claim, our experienced team is always ready to provide personalized and informed support.
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