No matter the sector your company is in - agriculture, manufacturing or other you can count on a team of specialists dedicated entirely to business transfers. You will benefit from the support and advice you require to ensure the long-term success of your company.
Plan and carry out your business transfer
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Achieving a smooth transition in the ownership of your company is an enormous challenge. We can help you meet it by successfully planning the transfer.
You’ve devoted much time and energy to ensuring your company’s success. When new business or personal opportunities arise, it’s natural for you to think about handing over the reins to someone who’s able to continue building on your accomplishments.
At National Bank’s Commercial Banking Department, we know:
- the transfer of power and the related responsibilities is an intricate and sometimes delicate process in which human relations can loom large
- there are many advantages to properly planning the transfer of your company, and the entrepreneurs who succeed in doing so devote an average of three to five years to the process
- each company is unique and there are as many business transfer scenarios as there are company heads.
That is why we have set up a team of business transfer managers dedicated exclusively to serving you. Whether you plan to hand over the management of your company to a family member, employees or an outside party, our specialized team will provide you with all the support and advice necessary to ensure its success.
We can help!
Let us assist you at every stage of the process.
Our transfer managers’ mission is to advise and support clients in a business transfer situation, from the moment they begin contemplating the possibility until they finish transferring ownership. To fulfill their mission, our professionals are prepared to involve the necessary specialists in the process:
- human resources, management and strategic planning consultants
- business valuator
- accountant and tax expert
- lawyer and notary
- banker.
These professionals may already be advising you or may be recommended by National Bank. In either case, their involvement can be coordinated by our transfer managers. Focused on helping you put in place a structured approach that integrates both the human as well as the financial, legal and taxation aspects of your business transfer, they will help you develop and implement your succession plan at every step of the process.
A winning approach with five clearly defined steps
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Determine your objectives
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Choose your successor
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Evaluate your business
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Develop a succession plan
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Transfer ownership
To learn more about the approach favoured by National Bank’s Business Transfer Service, ask for a copy of our Business Transfer Planning Guide.
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