Numerous studies have demonstrated the impact that the retirement of baby boomers will have on business succession. According to the Centre de transfert d’entreprise du Québec (CTEQ), more than 30,000 business owners will sell their business within the next 5 years and 55% of the transferors who have been contacted have no succession plan.
Selling your SME is a difficult decision that can sometimes trigger a long, complex and highly emotional process. Be prepared in order to maximize the benefits of your transaction.
The professional integration must be properly prepared, since the main goal after the new employee’s first day is to achieve a satisfactory level of productivity without delay. To do so, different practices will help you in this process.
When you are contemplating the purchase of a new asset, whether it is a new machine or the latest technology on the market, the line of credit is not the preferred financial instrument. Besides, your banker will let you know soon enough.
You have completed your hiring process; now is the time to plan the onboarding of your new team member.
Whether he is a foreperson, a supervisor or a team leader, the first-line manager plays an essential role in the company’s daily operations and is directly related to its overall business strategy.