ExitSMART™ Services
Maximize Your Life’s Work
You’ve worked hard to create a successful organization. Are you building a plan to get the most out of what you’ve built?
ExitSMART™ is a is a four-phase approach that takes an owner through the process of transitioning their business from beginning to end, including considerations for ownership, leadership, and personal planning.
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Take the ExitSMART™ Assessment
Is your succession planning on the right track? Find out with our ExitSMART™ assessment tool.
Testimonial
Rebel Heart successfully transitioned to a new CEO with ExitSMART.
The 4 Phases of ExitSMART
Build your comprehensive strategy with these key steps.
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Discovery
Develop a full picture of your personal financial, family and business situation, including perspectives of key stakeholders. This will ensure planning is relevant, customized and meets owners’ goals. This stage also includes review of emergency planning should there be an unexpected exit.
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Clarify objectives and outcomes
Analyze and merge personal, business and industry factors to establish timelines and strategies for transition of ownership and leadership.
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Document a clear, time-lined action plan
This ensures nothing is missed and there is no duplication of work between your professional team members, i.e., lawyer, accountant, etc.
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Implement
We work alongside you to ensure the required steps are executed and to support all members of your professional team, through to the completion of your transition.
Insights
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Progress
Looking beyond tax — planning for the use and ownership of the family vacation property
Owning and managing a family vacation property between generations requires you to consider more than just the tax questions.
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Progress
May 15, 2023
What do tax changes on intergenerational business transfers mean for you?
Budget 2023 is set to tighten the current rules on intergenerational business transfers. Here’s what you need to consider before new rules take effect in 2024.
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Progress
Foundation for the future: Succession planning with Zanchin Automotive Group
After nearly 50 years in business, Joe Zanchin is handing over the keys of Zanchin Automotive Group to his daughters, Laura and Andria. Planning for his exit with the help of MNP Partner, Eddie Burello, Joe and his daughters have a clear path ahead, and a trusted advisor for whatever the future sends their way.
Contact Our ExitSMART™ Team
Shane King CPA, CA
National Leader, Succession Services
Shane King, CPA, CA, is the National Leader for MNP’s Succession Services practice and a member of the Assurance team. Shane has more than 20 years of experience providing practical assurance, tax and succession solutions to clients in various industries, including manufacturing, construction, fishing, storage and incorporated professional services.
Shane oversees the delivery of succession services in each region across Canada. He is also actively involved with the succession team within B.C., working alongside clients to support them in successfully dealing with issues as they prepare for the next stage of their lives.
To further educate clients and business owners, Shane has been a speaker and a panelist on succession planning, communication, governance and other issues of importance to entrepreneurs and family businesses. He has also contributed articles on these subjects to Business in Vancouver.
Shane earned a Financial Management Diploma from Kwantlen Polytechnic University in 1992. He is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA) in 1999, and has completed CPA Canada’s In-depth Tax course. Shane is passionate about giving back to his community and has sat on the Kwantlen Polytechnic University Board of Governors and served as board chair.