Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]
Process for buyers and future farmers
Desjardins has established a 7-step process to help you throughout an intergenerational business purchase or transfer. The document guides you through the thought process, helps you make decisions and was designed to assist you throughout the entire process
At any time, please feel free to refer to these 2 guides to learn more about each step:
- Guide du repreneur (in French only, PDF, 782 KB)
- Guide de la relève agricole (in French only, PDF, 747 KB)
The 7 steps
1. What type of buyer are you?
Find out what type of buyer you are to better understand what kind of guidance you need in your purchase process.
2. What are your motivations?
Determine what motivates you to become an entrepreneur.
4. Financing of the transfer
Create a financial package in line with your financial needs and the business's financial needs.
5. Acquisition of management authority
Learn how to have discussions with the owner to acquire his or her strategic knowledge of the various business activities and business characteristics.
6. Exit strategy for the current owner
Get information on the progressive takeover of a business, until the transferor completes his or her exit strategy.
7. In short, are you ready?
Review the steps required to conclude a business transfer.
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