Successful successions: how to effectively transfer your business
In a recent Globe and Mail article, Halifax partner Richard Niedermayer, TEP, provided some tips and tricks for the successful transfer of a business.
Richard notes that if an owner wishes to sell their business, they should do everything possible to keep it looking good: “…keep a clean balance sheet, grow revenue where you can, keep costs under control and put repeatable management structures in place.” When transferring a business to a family member, Richard suggests creating a growth and development plan, to ensure the next owner will be prepared for the business. Richard notes that, however an individual wishes to pass along their business, it should be properly evaluated for best results.
Archive
The Canadian Bar Association – New Brunswick branch fall conference, Friday, September 18, will feature Fredericton partner Allison McCarthy as a session speaker and Saint John associate Christopher Marr as a session chair. Allison will present at the morning session…
Read MoreHalifax partner Richard Niedermayer, TEP, will co-present the Canadian Bar Association webinar, The Changed Landscape: The Impact of New Tax Rules on Trusts and Estate Donations, September 17. Changes to the Income Tax Act come into effect…
Read MoreStewart McKelvey Halifax welcomes Richard Jordan, Christine Nault and Peter Eirikson to our office. Richard, a research lawyer, will focus on employment law, labour relations, workers’ compensation and occupational health and safety. Before joining the firm, he clerked for the…
Read MoreHalifax partner Maurice Chiasson, QC, has been named the finance committee chair of the Nova Scotia Barristers’ Society (“NSBS”), a committee of which he has been an active member of for more than five years. This group is…
Read MoreSheree Conlon, Halifax partner, has been appointed as the chair of the gender equity committee, as well as a member of the entity regulation and risk working group committee of the Nova Scotia Barristers’ Society (“NSBS”). The gender…
Read MoreSt. John’s associate Erin Best is featured in the Canadian Lawyer magazine 4Students article, The pros & cons of practising… by Anastasiya Jogal. Within this piece, Erin speaks to some of the positives and negatives of practising as an…
Read MoreNinety-two lawyers from Stewart McKelvey have been listed in the 10th edition of Best Lawyers in Canada©, covering 46 practice areas. Best Lawyers® is the oldest and most respected peer-review publication in the legal profession. Inclusion…
Read MoreFifteen lawyers have been listed as “Lawyer of the Year” by Best Lawyers® 2016. This designation is given to a single lawyer in each practice and metropolitan area. The Best Lawyers 2016 “Lawyer of the Year” list is…
Read MoreHalifax associate Scott Pickup has been named a member of the Halifax Music Co-op (“HMC”) board of directors. This board supports and guides the HMC as it strives to make ensemble music available to all those in Halifax. HMC…
Read MoreIn her latest article for the National Magazine website, Halifax research lawyer Jennifer Taylor takes Justice Russell Brown’s recent appointment to the Supreme Court as an opportunity to discuss the legacy of the Quebec Secession Reference. Jennifer discusses the…
Read More