Thousands of small business owners across Ontario are planning to retire in the coming years, and a significant number do not yet have a succession plan. Without the right support these transitions risk business closures, job losses and loss of essential services in local communities.
BizLink™ connects business buyers and sellers, helping entrepreneurs confidently move forward in the transition process while ensuring businesses continue to thrive under new ownership.
“BizLink™ was created to address a critical need in our communities — helping business owners who are ready to sell, and aspiring entrepreneurs looking to buy, connect with the right supports and each other,” says Jim Fitzgerald, General Manager of the Orillia Area CDC. “This next phase will take BizLink™ to a new level and position it as a key tool in local succession planning efforts.”
The BizLink™ Program has been redeveloped and will be offered through participating Community Futures (CF) offices across Southwestern Ontario. Trained BizLink™ Coaches help business owners and buyers navigate the transition process by facilitating introductions, guiding conversations, and connecting clients to relevant supports, including financing options, coaching, and professional advisory referrals where appropriate.
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