BUSINESS SUCCESSION SUPPORT

IN NEWFOUNDLAND AND LABRADOR

Business succession is a strategic solution for buying, selling, or taking over an existing business in Newfoundland and Labrador. It contributes to the continuity of local businesses, job creation, and the economic development of communities.


We offer free, specialized support to facilitate business succession and transfer in the province.

Une jeune femme regarde la caméra.

Women in Business Succession – Supporting women in taking over a business


Solution Succession is a program designed to support women who wish to take over a business rather than start a new one. This solution aims to remove barriers to business succession by strengthening the skills and confidence of future business successors.


Through tailored tools and a structured pathway, participants can:

  • better understand the business succession process
  • develop their entrepreneurial skills
  • prepare to successfully acquire a business
  • make concrete progress on their succession project


Free registration for Solution Succession :
https://solutionrepreneuriat.ca/home-eng

Women in Business Succession – Supporting women in taking over a business


Solution Succession is a program designed to support women who wish to take over a business rather than start a new one. This solution aims to remove barriers to business succession by strengthening the skills and confidence of future business successors.


Through tailored tools and a structured pathway, participants can:

  • better understand the business succession process
  • develop their entrepreneurial skills
  • prepare to successfully acquire a business
  • make concrete progress on their succession project


Free registration for Solution Succession :
https://solutionrepreneuriat.ca/home-eng

Une jeune femme discute de plan d'affaires avec son collègue.

Looking to sell or buy a business in Newfoundland and Labrador?


SME Succession Hub is a free national platform of virtual resources designed to support men and women through the process of selling, buying, and transferring a business. It acts as a bridge between entrepreneurs looking to hand over their business and those looking to acquire one.


The platform helps you:

  • connect with business sellers and buyers
  • access specialized business succession resources
  • consult a list of experts who can support you at every stage of a business transfer


Free registration for SME Succession Hub :
 www.carrefourrelevepme.ca/en/

Supporting the next generation of entrepreneurs



By facilitating business succession, we help ensure the long-term sustainability of businesses and support the economic development of Newfoundland and Labrador, while offering accessible resources in both French and English.

Looking to sell or buy a business in Newfoundland and Labrador?


SME Succession Hub is a free national platform of virtual resources designed to support men and women through the process of selling, buying, and transferring a business. It acts as a bridge between entrepreneurs looking to hand over their business and those looking to acquire one.


The platform helps you:

  • connect with business sellers and buyers
  • access specialized business succession resources
  • consult a list of experts who can support you at every stage of a business transfer


Free registration for SME Succession Hub :
 www.carrefourrelevepme.ca/en/

Supporting the next generation of entrepreneurs


By facilitating business succession, we help ensure the long-term sustainability of businesses and support the economic development of Newfoundland and Labrador, while offering accessible resources in both French and English.

For more information:

CONTACT OUR ADVISOR

FAQ

 Business succession in Newfoundland and Labrador


  • What is business succession?

    Business succession involves taking over an existing business, through purchase or transfer, rather than starting a new one. In Newfoundland and Labrador, business succession is a strategic solution for ensuring the long-term viability of local businesses and supporting the regional economy.

  • Do you offer business succession support in Newfoundland and Labrador?

    Yes. We offer business succession support to all residents of Newfoundland and Labrador, including access to specialized platforms that facilitate business takeovers and transfers.

  • What business succession solutions do you offer?

    We offer two main solutions:

    • Solution Succession, a business succession program for women looking to acquire a business;

    • SME Succession Hub, a national platform that connects all business sellers and buyers and offers specialized resources.


  • Who is the Solution Succession program for?

    Solution Succession is designed for women entrepreneurs, or aspiring entrepreneurs, who wish to take over a business. The program aims to develop their entrepreneurial skills and provide them with tools suited to their reality.

  • What does the Solution Succession program include?

    Solution Succession offers:

    • practical tools to understand the business succession process

    • content to strengthen entrepreneurial skills

    • structured support to help women successfully acquire a business


  • How do I register for Solution Succession?

    Registration for the Solution Succession platform is free and done online:

    https://solutionrepreneuriat.ca/home-eng


  • I want to sell a business in Newfoundland and Labrador. Where can I find help?

    The SME Succession Hub platform is designed to support entrepreneurs who want to sell their business, by connecting them with potential successors and giving them access to specialized resources.

  • I want to buy or take over a business. Where do I start?

    SME Succession Hub is an excellent starting point for anyone looking to buy a business in Newfoundland and Labrador. The platform lets you consult resources, find experts, and connect with businesses available for succession.

  • What is SME Succession Hub?

    SME Succession Hub is a free national platform of virtual resources that:

    • connects business owners looking to hand over their business with potential successors

    • offers a list of experts in business transfer and succession

    • supports the process of buying and selling businesses


  • Is registration for SME Succession Hub free?

    Yes. Registration and use of Carrefour Relève PME are entirely free:

    www.carrefourrelevepme.ca/en/


  • Can I use your resources even if I'm just starting to explore my options?

    Yes. The Solution Succession and SME Succession Hub platforms can be used from the earliest stages of reflection, to better understand business succession, explore available options, and structure a takeover or transfer project.

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Photo : John Doe