Did you know that 90% of Quebec SMEs don't have a succession plan?1 It's true that the succession planning process can seem long and difficult at times. That's why at National Bank, you will be supported every step of the way by your account manager and a business transfer manager who specializes in your sector.
Whether you're looking to transfer a business or acquire one, you’ll be supported every step of the way by your account manager and a business transfer manager who specializes in your sector.
By 2020, more than 38% of Quebec businesses—one business in three—will not have found a buyer.2 Taking over an existing business can be a great way to start out as an entrepreneur.
Since 2005, our team of 10 business transfer specialists has helped transfer more than 1,400 businesses to the next generation of entrepreneurs.
Do you need advice on investing the proceeds of the sale of your business and planning for your retirement? Private Banking 1859 can help.