Succession
You’ve worked hard to build a successful business. Now, let’s build a succession strategy so you can capitalize on what you’ve created.
Your Next Chapter Starts Sooner Than You Think
To get the most out of your business, you need a comprehensive succession plan for your business. Succession strategies can increase the value of your business, minimize risk, and secure the future you’ve worked so hard for.
But the day-to-day responsibilities of managing a successful organization can hold you back from developing a thorough strategy. Exiting a business is a process, not an event, and the right opportunity can come up on you unexpectedly. With a proper plan, you’re ready to take advantage.
Building the right succession strategy requires clear goals and thorough planning. Our team brings deep experience to help you create a plan that works for your situation. Let’s get started.
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Take the ExitSMART™ Assessment
Is your succession planning on the right track? Find out with our ExitSMART™ assessment tool.
Succession, on Your Own Terms
You worked hard to achieve success and you’ve earned the right to exit the business on your terms. Learn how we’ve helped clients in this content series.
Welcome to Green Lake
Have you thought about selling your business and retiring to cottage life? These business owners made it happen.
Insights
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March 06, 2023
What is an employee profit-sharing plan and what makes it work?
Exploring three common reasons for employee ownership models and the impact they can have on your business.
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Progress
When, why and how to sell your business to a private equity firm
Partnering with private equity groups can bring unique opportunities and is an option worth exploring when considering a transition of your business. A partnership can enable business owners to build value over the transition period, maintain control of the business, and continue to drive its growth.
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Progress
January 24, 2023
Plan ahead to protect your family and business from unexpected events
Having a clear succession plan in place is essential to protect both your business and your family in the event of an unplanned emergency.
Contact our Succession Team
Jim is a Partner with MNP’s Private Enterprise group in Calgary and the Firm’s Regional Succession Services Leader. With deep knowledge and experience in family enterprises, Jim develops practical solutions and delivers results. Drawing on more than three decades of experience helping business owners achieve peace of mind, Jim advises clients on growing their business in a tax-efficient manner, and planning for eventual business sale or succession by implementing a long-term strategy to meet their personal and business goals.
Jim has extensive experience in tax planning and compliance, financial statement assurance, and succession planning. He also helps organizations develop systems to optimize their profitability and effectiveness. His cross-industry expertise includes real estate, software and technology, manufacturing, professional services, retail and energy.
Jim earned a Bachelor of Commerce (with Distinction) from the University of Alberta in 1984. He is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant in 1988. He is a certified FAMILY ENTERPRISE ADVISOR™ and a CERTIFIED FINANCIAL PLANNER® professional.
