Business Succession Planning

As a business owner, you’ve poured time, energy, and resources into building your company—so when it’s time to transition, you want to ensure everything you’ve built continues to thrive. Whether you’re just getting started or already thinking about retirement, having a solid succession plan is a key part of long-term success.

At MW&CO, we help business owners across Woodstock and Southern Ontario prepare for the future with confidence. With over 40 years of experience, our team specializes in developing thoughtful, customized business succession strategies tailored to your unique goals—whether you plan to sell, pass the business to family, or transition to new leadership.

We understand that every business is different. That’s why we take the time to get to know you, your company, and your vision. We stay on top of industry trends, evolving regulations, and business challenges so we can provide you with forward-thinking advice that works.

Trust is at the heart of everything we do. As your advisors and partners, we’re here to support you with clear communication, expert guidance, and a genuine commitment to your success. Let’s build a plan that protects what you’ve worked hard for—and sets your business up for a strong future.

MW&CO has proudly served Oxford County and the surrounding region for over 40 years. As a trusted part of the community, we’ve built long-standing relationships—supporting some of our clients through multiple generations of growth and success.

Our team of experienced consultants specialize in business succession planning, helping business owners prepare for a smooth and strategic transition. Whether you’re planning to sell, pass your business to family, or bring in new leadership, we’ll guide you through every step. Our goal is to simplify the process, reduce tax exposure, and ensure your business remains strong and secure for the future.

Let us help you protect what you’ve built and plan confidently for what’s next. We provide a full range of services, including:

Choosing a Successor

Whether you would like to turn your business over to a family member or a business partner or sell your business, we can help you identify the successor that best meets your company’s needs to ensure the best possible transition.

Business Valuation

Should you choose to sell your company, we can guide you through the process and help you connect with expert specialists to help you determine fair market value as well as the tax implications resulting from the sale.

Legal Considerations

We can explain and guide you to establish the proper legal frameworks, including shareholder agreements and buy-sell arrangements to ensure a seamless transition.

Operational Transition

By developing a clear continuity plan, we will help you with leadership transition, training, and employee retention to ensure your organization will maintain stability and productivity.

Deciding how to move forward after stepping back from your business can feel overwhelming—but you don’t have to do it alone. Partnering with a forward-thinking business advisor can make all the difference in finding the right path for you and your company.

At MW&CO, our Chartered Professional Accountants go beyond the numbers. We’re trusted advisors who bring creativity, insight, and a personal touch to every client relationship. Whether you’re preparing to sell, transition leadership, or pass your business on to the next generation, our team is here to provide tailored succession strategies that fit your unique goals.

Let’s work together to ensure your business thrives in its next chapter.

Retirement

You have worked hard to build your business, putting in time, energy, and money to ensure its success. Now that you are ready to move on to the next stage of your life, you want to ensure that the legacy you built continues to thrive while leaving you in a position to continue living comfortably. Our business succession professionals will listen to your needs and develop a plan specific to your goals so you can retire confidently, knowing your business will continue to succeed and you will continue to live well.

Family Succession Planning

For business owners who choose to pass their company on to the next generation, we can help you address challenges, including tax consequences and ensure that family members are ready to take over leadership. We will develop a structured succession plan to ensure a smooth handover.

Management Buyouts and Third-Party Sales

In some cases, existing management may be interested in acquiring your business, or you may decide to sell to a third party. We will help structure the financial and legal aspects while also guiding you through the process, from preparing financial statements and negotiating terms to optimizing tax strategies.