Almost 60% of Canada’s small and mid-sized business owners are aged 50 or older, nearly double the proportion of the overall workforce. The printing industry is no exception.
Four out of 10 entrepreneurs in Canada are likely to leave their businesses within the next five years, up from one in three in the mid-2000s, our study also found.
More than half of these entrepreneurs intend to sell or transfer their business to someone outside their family. A quarter of them see a family succession in the cards, while just over one in five expects to wind down the business and sell its assets.
What is key to the sale of any business is its strength – both financially and with its people. Is succession planning part of your corporate culture? Is cross-training a key to your operational strategy?
With staff as well as owners looking to exit, it’s time to ensure that everyone has a happy landing!
The Digital Imaging Association (DIA) has put together a unique panel, moderated by Stephen Longmire, past President of the DIA. Stephen is also the National Sales Manager of Sydney Stone – supplier of print finishing equipment, parts, and service.
Panelists include:
- Gerald Chang, Managing Partner, Summit Labels, Vancouver
- Steve Cussons, CEO & Co-Founder, MiniGiants
- Steve Falk, VP Partnerships and Sustainability, The AIIM Group
- Gord Griffiths, CEO & President, Connecting for Results
- Marg Macleod, President, IBEC Consulting
EVENT DETAILS
Wednesday, February 22
12:30 PM – 1:30 PM EST
Online
For more information, or to register for this complimentary webinar, visit: https://www.digitalimagingassociation.com/event/exitstrategy/