Welcome to the first post of our new blog, Succeeding in Canada.
This new effort by the team at the Succession Connect Program in Fredericton, NB, Canada is a project that will endeavour to build unique and valuable knowledge about immigration, entrepreneurship, business ownership, selling/buying a business and succession planning
Who We Are
The Succession Connect Program is a 3-year pilot developed by the Fredericton Chamber of Commerce for a very important and specific need in our business community and will hopefully transition to help communities across the region. Succession Connect serves both current business owners nearing retirement or otherwise trying to sell their business as well as New Canadian investors seeking to purchase turnkey operations. Facilitating these connections within the region will enable businesses to continue, preserving jobs and the related economic impact on our community.
The goal of Succession Connect is to support and retain more New Canadian investors in New Brunswick by providing a convenient and confidential avenue for current business owners to sell their companies. We are pleased to be part of culturally diversifying our province’s population while improving our demographics and ensuring the continuation of New Brunswick-based businesses.
You can check out our full program details and many other resources at www.successionconnect.ca
Defining the Blog
Our Audience: As mentioned, our clients are both incoming immigrant investors and entrepreneurs as well as local business owners who are trying to sell or transition out of their business. We want to provide unique insights and valuable information for both of these groups and anyone with an interest in the place where immigration entrepreneurship and our local business community collide.
Our Goal: We hope to tell stories, find facts and reduce fear and misunderstanding in an already complex and intimidating environment. Many of our topics come from questions or concerns from our clients and stakeholders. We take those questions and talk to experts, find tales from the trenches and offer some researched follow up information. Not only do we hope to provide interesting information for our clients and stakeholders but we look forward to building a library of valuable stories for future entrepreneurs and immigrating New Canadians.
Join the Conversation
We would love to collaborate and build more value through your input. You can participate in our community in the following ways:
- Topic Suggestions: What topics would be interesting? What would you like to hear about? What issues are not discussed or under spotlight in the way they should be?
- Tell your Story: Want to share your experience, positive or negative, for the benefit of others? Do you have expertise that you think more people should know about?
- Share the Wealth: Pass on our articles, posts and information to anyone who might find it valuable. Help us grow our voice to reach all that could benefit.
Some examples of topics already in the works are as follows:
- Ask the Experts: How does the concept of incorporation or limited liability change from country to country?
- Seller’s Fears: Selling to an immigrant new to our region – should I worry about my staff and customers?
- Buyer’s Fears: When I buy the business will the customers and staff stay loyal?
- Insiders Insights: What does due diligence entail… and what should I be wary of?
- Transparent Business Advice: How much should I expect to pay for professional services, how do I choose the best representative?
Let’s Get Started…
Thank you for checking out our first introduction to a new chapter in immigration and business succession. We look forward to sharing information and helping develop a more diverse, and engaged business community in our Canadian cities, towns and communities.
I look forward to hearing from you and sharing stories soon. Please keep in touch.
Learn more about the author of this post, Levi Lawrence, by checking out his Linkedin Profile: https://www.linkedin.com/in/levilawrence/