Running a bike shop is more than just a business—it’s a community hub, a passion project, and a reflection of your values. But as a business owner, there comes a time when you start thinking about what’s next. Whether you’re eyeing retirement, your next...
Featured in CanadianSME Business Magazine As thousands of Canadian business owners near retirement, the question of how to exit their business has become more urgent—and more complicated. Traditional sales and third-party takeovers often leave employees vulnerable and...
Jennifer Williams, Founder of Firefly Insights, sat down with Shelagh Cummins on The Road to Seven Podcast to discuss Employee Ownership as a succession plan option. With recent legislative changes in Canada supporting employee ownership trusts, Jennifer explores how...
In times of economic uncertainty, when businesses face financial pressures and the future feels unpredictable, employee-owned companies tend to outperform their counterparts. And as the potential for a Canada-US tariff battle looms, employee-owned businesses could be...
In recent years, the construction industry has faced increasing challenges in recruiting and retaining skilled employees. According to a 2023 survey by the Canadian Construction Association, 38.4% of construction companies nationwide identified recruiting skilled...
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...