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JANUARY 2016

» INSURANCE

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PRINGE GEORGE Since 1956 Prince Sheet Metal has

Tax Strrategies for Business

been serving industrial and commercial clients across Northern BC

Peace Cariboo Skeena WWW.BUSINESSEXAMINER.CA

and beyond

Now in Prince Geeorge

Family business ‘Next Steps’ requires a proactive approach PAGE 14

PRINCE GEORGE Linden Fabricating has been developing innovative products for the sawmilling industry for more than 35 years

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INDEX News Update

2

Prince George

4

Quesnel

5

Sales

8

Bonnetts Energy

12

Movers & Shakers

20

Opinion

24

Family business and succession advisor speaks on the importance of planning

B

C – Renowned family business and succession advisor David C. Bentall, Founder of Next Step Advisors, recently sat down with the Business Examiner to talk about some of the longterm planning challenges facing today’s family companies. “I’ve seen the best and worst of situations,” says Bentall. “The family enterprise dynamic is so unique and complex, it’s unlike any other form of business. I grew up in that environment and am very aware of the peaks and valleys that each employee and family member experiences. “I feel that the successes I’ve been able to contribute to as an advisor have been a direct result of the challenges we’ve faced over the years as a family in our own business journey. My first experience with succession was very painful as the company ended up

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SEE NEXT STEPS | PAGE 4

PHOTO CREDIT: TRINITY WESTERN UNIVERSITY

BID Group of Companies: Serving The Sawmilling Industry Company operates manufacturing facilities in 14 different locations across North America BY DAVID HOLMES

Contact us: 1-866-758-2684

David C. Bentall, Founder of Next Step Advisors, engaging a crowd on family business and succession planning

going through a major breakup, and it’s motivated me to help others avoid some of the mistakes that were made.” Bentall was born into a third generation construction and development company, well known for the Downtown Vancouver Bentall Centre, Rogers Arena (formerly GM Place), and the Telus Corporate offices, among many others. He is also an instructor for Institute of Family Enterprise Advisors, Business Families Foundation, the founding Chair of Business Families Centre UBC, and was involved with the successful domestic bid for the 2010 Winter Olympic Games in Vancouver. One of the most important challenges Bentall identified was that many companies aren’t

P

RINCE GEORGE – The BID Group of Companies is one of North America’s leading providers of turn-key technological solutions for the sawmilling industry and thanks to a recent corporate acquisition it’s now even better equipped to propel the industry through the 21st Century. The company, with production facilities strategically located at 14 key points around the continent

including Vanderhoof, Salmon A rm and Prince George, announced December 7 that it had acquired a California-based firm that specializes in the development of state-of-the-art edging and profiling equipment for use in sawmills. “The majority owner of the company is Ron McGehee, a legend in this industry, a real innovator in terms of developing sawmill technologies. Over the decades, that innovation has played a significant

role in the competitiveness of the forest industry. He’s one of the most respected individuals in our business,” explained Alistair Cook, BID’s President and CEO. “We were very fortunate to not only purchase his company, but to have Ron join our team to play a significant role in the research and development of new technologies. Adding a talent like Ron to our exceptional people within the BID Group should give our customers the confidence that we will continue

to innovate and develop industry leading technologies. He’s a guy that has the ability to bring it to market and exceed customer expectations.” The BID Group, which has a North American staff of more than 1,000, has for more than three decades developed innovative systems that address all aspects of a sawmill operation, from production to project management. “We try to be as vertically SEE BID GROUP | PAGE 6

Coverall & Uniform Rental/Sales – Entrance Mat Service – Restaurant Linens – Towels – Hand Soap & Paper – Industrial Camp Laundry Service

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3902 Kenworth Rd East, Prince George, BC | PHONE: 250-962-6900 | TOLL FREE: 1-800-207-7756 | support@spotlessuniform.com

Business Examiner Peace Cariboo Skeena - December 2015 / January 2016  

Business Examiner Peace Cariboo Skeena includes business news from Fort St. John and Dawson Creek to Prince Rupert and Kitimat, and from 100...

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