Succession planning for shellfish farmers is about getting ready to hand over your business and farm to someone else when you're ready to retire or move on. It involves figuring out who will take over, whether it's a family member, a trusted employee, or an outside buyer, and making sure the transition is smooth. This means organizing your finances, business operations, and licences, and sharing important knowledge so that the next person can keep things running successfully. It helps protect your hard work and make sure your farm continues to thrive after you step away.
This is process is not quick and making sure you have these documents and an understanding of the requirements as part of your will is an important element of succession planning.
Tài nguyên
MNP presented at the BCSGA AGM on October 25, 2024 - that presentation is available here: MNP Succession Planning Presentation - BCSGA AGM
MNP Virtual Workshop Presentation Slides - January 23rd, 2025:
Readying Your Shellfish Business For Transition
Valuation - Shellfish Farmer Transition Planning
Tax Overview - Shellfish Farmer Transition Planning
