Get on track for transition
Many aspects of your business require attention as you prepare for transition. In addition to navigating the tax mergers and acquisitions processes are questions around who you’re leaving your business to, how to preserve your legacy, and how to meet your goals for the next chapter.
Join other business owners and industry leaders on Tuesday, November 14 for an afternoon of networking and knowledge sharing to help you set your ideal business transition in motion. The session will be attended by MNP’s Succession, Tax, and Family Office advisors who will share actionable advice on topics such as:
- Best practices and insights for before, during and after your business transition
- Keeping your exit options open and maximizing your returns
- Positioning your business for a sale and attracting potential buyers
- Your philanthropic legacy: Is a private foundation right for you?
- When you need to start talking to a tax advisor and other essential tax savings tips
Welcome presentation
Glenn Fraser, SVP, Private Enterprise
Moderators
Ryan Sakauye, Partner, Private Enterprise
Rohit Aggarwal, Partner, Private Enterprise
Date: Tuesday, November 14, 2023
Time: 2:00 p.m.
Location: 1 Adelaide St E Suite 1900
Toronto ON M5C2V9
| Time |
Session description |
Services |
|---|---|---|
| 2:00 p.m. | Registration | |
| 2:15 p.m. | Business owner perspectives Before the transition: Is your business firing on all cylinders? |
How to structure your succession plan to create the best options for you financially and personally. (Yohaan Thommy, Partner, Consulting) Financial Plan: How much do you need to live comfortably? (Allan Broudno, Senior Manager, Family Office) Minimize conflict and increase the likelihood of success in a succession. (Danielle Walsh, Partner, Family Office) |
| 3:00 p.m. | Business owner perspectives During the transition: Careful planning and execution of your business transition internally within the family or externally to a new owner. |
Develop a comprehensive strategy that helps you maximize returns on your investment. (Kevin Tremblay, Managing Director, Corporate Finance) Protect your assets and minimize capital gains taxes using family trusts and reorganizations. (Eddy Burello, Partner, Tax) Share profits with members of your team and transfer ownership to employees. (Michael Saxe, Partner, Tax) |
| 3:45 p.m. | Break |
|
| 4:00 p.m. | Panel After the transition: Creating your family legacy Learn how to build a strong family base with shared values, manage your money wisely to support your legacy and teach your family about finance management. Gain insights into the impact of taxes on your family legacy and how to set up governance rules to keep everyone on the same page. |
Moderators: Ryan Sakauye and Rohit Aggarwal |
| 4:45 p.m. | Break and walk-over to dinner |
|
| 5:00 p.m. |
Reception and dinner |