Leveraging Your Life's Work

By Luanna McGowan, Corina Weigl and David Wilton
Canadian Institute of Chartered Accountants, 2006
$29.95

For all those baby boomer entrepreneurs out there, this book is truly a valuable tooklit. Detailed, thorough and chalk full of helpful checklists and sample scenarios, the book systematically reviews what succession planning is all about and what options are available to transition a family business. To their credit, the authors balance both the cold hard financial issues related to selling a business with the critical human resource and emotional/soft side of change management and transition. This isn't a book you'll read just once; instead, it's a step by step guide that you'll keep at the side of the desk as you develop your succession plan.