Intended Audience: Employers/Mgrs./Supvrs.
Publisher: Alberta Employment, Immigration and Industry
Series: HR Series for Employers
At some point you will be leaving your business, whether you sell, transfer your business to others or simply close the doors. Having a succession plan will help ensure value to your business, optimize financial security (including capital gains and tax implications), enhance employee relationships and provide peace of mind knowing that your business legacy will align with your vision.