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Eastern Ontario Succession Services

You’ve worked hard to build a successful business. We’ll help you build a plan so you can exit on your own terms.

Succession Planning that works for you

Exiting a business is a process, not an event. Having a plan and a strategy in place for the eventual transition out of your business will unlock financial efficiencies and, more importantly, peace of mind.

At MNP, our team has the expertise and skill to help you build a succession plan that meets your needs. We take the time to fully understand the unique circumstances of your business and your family — that includes your goals, tax situation, ideal retirement, and educating the successors who will manage your business going forward.

From tax planning to employee share options to performance improvements, a succession strategy will help you capitalize on what you’ve built up — and ensure you exit on your terms.

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Succeeding at family business succession planning

Developing a successful succession plan means taking nothing for granted. Follow four key principals to achieve your goals.

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Why grooming your successors is critical to the family business

A formal grooming plan helps ensure your successors have the requisite skills to effectively manage and lead the family business.

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Family focus: The non-technical or family component of succession

The best succession plans focus on the non-technical component such as family communication, family values, family dynamics, and family expectations.

Your next chapter starts sooner than you think

But the day-to-day responsibilities of managing a successful organization can hold you back from developing a thorough succession strategy. Our team can help.

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Insights

  • Progress

    April 25, 2025

    How conflict can be good for your farms future

    Family farms thrive when they tackle conflict early. Tough conversations build trust, sharpen decisions, and protect the farm’s future for the next generation. 

  • Progress

    April 22, 2025

    A roadmap for passing the family dealership to the next generation

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  • Progress

    April 11, 2025

    The seven traits of successful farm families: What sets them apart

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