Business Succession Planning
Business Succession Planning will help the participants understand all the options in selling business; advantages and disadvantages of each. Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. It is essential to the long-term survival of a company. Every company should have a form of succession planning in its portfolio as it is not the expected absences that can cripple a company, but the unexpected ones.
Course Outline :
  • What is Business Succession Planning?
  • What Is Replacement Planning?
  • Deciding What You Need
  • How to Set Parameters for the Planning Process
  • Choosing to Be a Mentor
  • Prioritize What the Succession Plan Will Address
  • Executing the Plan
  • Contingency planning
  • Family business succession, employee buy-out, external sale, or other options
  • Managing the transition
  • Financing, tax and legal considerations
  • Business valuation
  • Planning next steps and timeline
  • Developing a Change Management Plan
  • Developing a Communication Plan
  • Business valuation - how much is your business really worth?
  • Biggest mistakes and best practices
  • Overcoming Roadblocks
Course Outlines for 2-3 day Workshops available on request.
Available Formats for Employees and Managers At our training centre in downtown Toronto
All workshops are from 10.00AM to 5.00PM with one hour lunch break.
Duration Cost CAD$
Three day workshop $2999 + HST
We offer a 10% discount for each additional participant.
Click on Schedules to see workshop dates, on Skillsoft Certification Workshops to see different certification packages including "Train the Trainer" and many more workshops
At your location any where in Ontario
Duration Number of participants Cost CAD$
90 minutes Presentation (No handouts) 5 - 50 $1599 + HST
Half a day Seminar (3 hours) (no handouts) 5 - 50 $2500 + HST
Full Day Workshop (6 hours)
Includes handouts for each participant		 1 - 10 $2500 + HST
Full Day Workshop (6 hours)
Includes handouts for each participant 		11 - 20 $4000 + HST
Full Day Workshop (6 hours)
Includes handouts for each participant		 21 - 40 $5800 + HST
At your location any where in any other Canadian Province except Ontario
Duration Number of participants Cost CAD$
90 minutes Presentation (No handouts) 5 - 50 $2500 + HST
Half a day Seminar (3 hours) (no handouts) 5 - 50 $3500 + HST
Full Day Workshop (6 hours)
Includes handouts for each participant		 1 - 10 $3500 + HST
Full Day Workshop (6 hours)
Includes handouts for each participant 		11 - 20 $5000 + HST
Full Day Workshop (6 hours)
Includes handouts for each participant		 21 - 40 $6800 + HST

Please Click Here to register online or for more information Contact us.
Payment Options:
  • Pay through email Interac to SJagtiani@gmail.com
  • For organizations wishing to pay through a company cheque, please request an Invoice and mail a cheque payable to "1437467 Ontario Inc." and send to: 33 EMPRESS AVE, UNIT 1012, North York, ON M2N 6Y7.

WORKSHOPS LOCATION:

5200 Yonge Street, 2nd Floor
North York, ON, M2N 5P6
(Near North York Centre Subway, TD Bank Building)
For any enquiry please call us at 647-271-3330 or email us at support@train4career.net with CC to support@firstchoicecanada.ca