Money Matters with Jim Doyle: Preparing the Kids to Take Over

Money Matters with Jim Doyle is a half hour show exploring how money matters to Canadians.

All new episodes for Season 2 air Thursdays at 5pm PT and Sundays at 7am PT and Mondays & Wednesdays at 4pm CT / 5pm ET on FaithTV through Dec. 1, 2021.

This season of Money Matters with Jim Doyle features frank discussions with Canadian business owners and entrepreneurs sharing their stories of success and challenges – inspiring viewers to plan more and worry less!

Have you asked your kids if they would like to take over the family business? What needs to be considered…

This episode showcases the real-life experience of Organic Ocean Seafood Inc., a family-owned business. Founder, Dane Chauvel, appointed Guy Dean as President and mentor to Dane’s 26-year-old son, Paul Chauvel. Guy’s role includes overseeing Paul’s professional development to facilitate a potential (not guaranteed) transition. This episode highlights the often-overlooked fact that succession planning is not a do-it-yourself project. Advice from your accountant, your lawyer and financial planner is critical is assessing the impact and timing of the choices made, and the financial impact on the participants.

This entry was posted in Money Matters with Jim Doyle and tagged , , , , , , , , . Bookmark the permalink.