by Jennifer Williams | Jul 17, 2024 | Uncategorized
As the winds of change sweep through Canada’s business landscape, a monumental shift has just been codified into law. On June 21, 2024, the passage of bills C-59 and C-69 marked a historic moment for employee ownership for Canada. The establishment of Employee...
by Jennifer Williams | May 29, 2024 | Uncategorized
In a landmark move, Canada has introduced new legislation that enables the creation of Employee Ownership Trusts (EOTs). This innovative framework is designed to facilitate a transition for business owners looking to sell their companies, ensuring a sustainable and...
by Jennifer Williams | Mar 14, 2024 | Uncategorized
As millennials now dominate the workforce, there’s a noticeable shift towards valuing collaboration and innovation in the workplace. To set your business apart and attract/retain top talent, consider offering ownership opportunities through an ESOP, worker...
by Jennifer Williams | May 30, 2023 | Uncategorized
ESOP (Employee Stock Ownership Plan), EOT (Employee Ownership Trust), and Worker-Owned Cooperative are three different models for transferring ownership of a business to its employees. Each model has its own advantages and considerations, so the choice depends on the...
by Jennifer Williams | May 30, 2023 | Uncategorized
And not your kids…. HBO’s Succession depicted the complex dynamics of passing down a family business, painfully reminding the viewer of the potential challenges and pitfalls of transitioning leadership to the next generation. Having worked with many family...
by Jennifer Williams | May 18, 2023 | Uncategorized
The Canadian Federation for Independent Business reported in January 2023 indicating that 76% of small business owners are planning to exit their business in the coming 10-years. Of these only 9% have a succession plan in place. Given this, what are you doing to...
