31 Aug 2012

Preparing to pass along a business

Many business owners across the world want their children to take over their firm when they are ready to retire. But it requires mutual interest between parent and child to have a fruitful succession plan, reported the Toronto Star.

Business owners in Toronto that are ready to pass down their firms need to look into Toronto storage rates in case the new business owner wants to quickly get operations off the ground and change the look of the company.

Keeping the business mostly the same is generally why parents want to pass down their company to their kids. While it may be convenient, these children must be prepared and willing to take over the firm, said the paper.

“Parents often want their kids to take over because they feel they’ve built a legacy to pass on,” Robert Gold, a managing partner at Bennett Gold LLP, told the newspaper. “It takes from five to 10 years to properly plan for succession. If a parent forces a child to take over, the business won’t be successful."

Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What's more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.

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Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

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