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Canada's Looming Succession Problem

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Manage episode 378638599 series 3425736
Content provided by The Peak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Peak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

76% of people who own small-to-medium-sized businesses are planning to retire within the next decade. What happens when they call it quits? Who will take over those businesses, if anyone? What will happen to the people they employ? These are all pressing questions, but the vast majority of small business owners in Canada do not have a succession plan.

On this episode, Cordell Jacks, CEO and General Partner of The Regenerative Capital Group, joins us to explain...

  • The scale of the wave of retirements coming in Canadian small businesses.
  • The risks to the economy if we don't plan for the succession wave.
  • Why entrepreneurs who buy businesses succeed more often than those who start from scratch.
  • The interesting way his investment fund is incorporating social and community impact into their business model.

-----

  continue reading

75 episodes

Artwork
iconShare
 
Manage episode 378638599 series 3425736
Content provided by The Peak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Peak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

76% of people who own small-to-medium-sized businesses are planning to retire within the next decade. What happens when they call it quits? Who will take over those businesses, if anyone? What will happen to the people they employ? These are all pressing questions, but the vast majority of small business owners in Canada do not have a succession plan.

On this episode, Cordell Jacks, CEO and General Partner of The Regenerative Capital Group, joins us to explain...

  • The scale of the wave of retirements coming in Canadian small businesses.
  • The risks to the economy if we don't plan for the succession wave.
  • Why entrepreneurs who buy businesses succeed more often than those who start from scratch.
  • The interesting way his investment fund is incorporating social and community impact into their business model.

-----

  continue reading

75 episodes

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