It’s Never Too Early – Or Too Late – To Prepare For Transition

Bonnie Elgie

You’ve worked hard to create a bright future for your family. Our team is here to help you navigate key life decisions, showing you the options so you can make choices with confidence.

Allison Maher is the co-founder of Family Wealth Coach Planning Services, based in Calgary, Alberta. Over the past 20 years, she has become the “Chief Legacy Officer” for many Canadian families and their businesses. She specializes in working with multigenerational family offices, family businesses and high net worth individuals, with a focus on estate, insurance and succession planning. 

Allison is also this year’s BTF Calgary Chair and we recently caught up with her for a quick chat. 

Our record stands for itself - a stellar 90% success rate selling the businesses we've represented. When choosing an Advisory Partner "good enough" just isn't! Let us use our expertise to help you optimize your exit and maximize your return.

Why did you agree to Chair BTF Calgary?  

One of my core values is being a life-long learner and I often act as a catalyst to help my clients learn how to make better, more enduring decisions around the assets and people that mean the most to them.  BTF Calgary is one form of learning for entrepreneurs whether they are hearing  from other trusted advisors or another entrepreneur’s story of transition. It is a good investment of time and energy and a chance to think about planning for growth, exiting and transition.  As the Chair, I am happy to give back to the community that has given so much to the families and entrepreneurs I serve. 

What value can attendees expect from the conference? 
I believe it helps people expand the possibilities. In addition to an excellent program and networking opportunities, attendees will see what is possible, not probable.  

As entrepreneurs ourselves, we get what it means to be a business owner. We have decades of experience at the top accounting firms in the world. Reach out to have us on your team and take your deal to the next level.

Are there special considerations for businesses looking to transition post-pandemic?  
Post pandemic goes along with Alberta rebuilding its economy and transitioning into the new energy economy. Change is afoot, and we all need to learn and support each other.   

With your expertise in helping family businesses, what do you see as the greatest challenges and opportunities going forward? 
The greatest opportunity is building businesses that are healthy and creating long-term value and cashflow. One of the greatest challenges is finding the right leadership team and employees.  Good people are in short supply post pandemic and there is a growing talent shortage that poses new problems for business owners. 

What advice would you give to business owners who are looking to sell within the one to three years? 
It is actually quite simple: begin with the end in mind and start the process today. Regardless of when you are planning to sell your business, there are fundamental steps that you can take today to help with the process and make it easier when that day comes.