Propelling business forward
When most family businesses in Canada think about securing financing, their first instinct is to approach a bank. However, in today’s rapidly evolving financial landscape, traditional bank loans are no longer the only—or necessarily the best—option. A wave of alternative financing models is emerging, offering family-owned enterprises more flexibility and creativity in how they fund […]
Inside Atlantic Canada’s Family Business Landscape Orginally posted on April 26, 2024 on mikepcyr.com In Atlantic Canada, family businesses are a big deal. They’re not just about making money; they’re part of what makes our communities tick. But what is it that makes them strong? What challenges do they face? Where do they find support? […]
Generation to Generations (G2G) The fourth in a series of articles on G2G for an exciting upcoming FBA event. Navigating the Future: The Next Generation’s Role in Family Businesses As the next generation steps into family-owned enterprises, they find themselves at an intersection where honouring tradition intersects present business realities and innovation. These future leaders […]
Generation to Generations (G2G) The third in a series of articles on G2G for an exciting upcoming FBA event. Mastering the Art of Succession Planning in Family-Owned Enterprises Succession planning is a pivotal phase in the lifecycle of any family-owned enterprise. This process, which determines the sustainability and success of the business across generations, is […]
Generation to Generations (G2G) The second in a series of articles on G2G for an exciting upcoming FBA event. Every family business is different: and so is the journey to a new generation. Behind every family business there is a unique story. Founders are remarkable because they actually started and built something. Then they have […]
Generation to Generations (G2G) A first in a series of articles on G2G for an exciting upcoming FBA event. Bridging the Generational Divide: A Dual Perspective on Sustaining Family Business Legacies In a 2023 study by KPMG 79% of family-owned businesses 79 per cent are accelerating succession plans for multiple reasons and 71% of present […]