Developing an exit plan is a critical step for any business owner or entrepreneur. Whether you’re looking to sell your business, pass it down to a family member, or simply close up shop, a well-thought-out exit strategy can make…
Many sellers are surprised to learn that seller financing is very common. In fact, sellers should realize that there is a good chance that in order to sell their business, they will have to consider offering seller financing. What is…
When it comes to selling your business, you will choose which route to go: a share sale or an asset sale. As a business owner or a potential investor, understanding these differences is crucial to making an informed…
Business brokers and M&A advisors consistently improve closing rates. There are many reasons why this is the case and, in this article, we’ll explore some of the top reasons why brokerage professionals get results. When it comes to selling a…
When selling a business, maintaining confidentiality is paramount. It safeguards the business’s competitive edge, protects the interests of employees and clients, and preserves the company’s market value. Disclosing the sale prematurely can lead to unwanted disruptions, employee turnover,…
At some point, you will need to sell your business. When the time comes to put your business on the market, it is in your best interest if your business has a dominant position in the market. Potential buyers will…
The 2024 Canadian Federal Budget introduces substantial reforms aimed at enhancing the nation’s economic resilience and fostering entrepreneurial spirit. Here’s a straightforward breakdown of the significant changes to the capital gains tax regime and the introduction of the Canadian…
A pre-existing business is a proven commodity. A new business, regardless of how great your idea may be, will always have a future that is uncertain. You can hire many consultants and plan meticulously. Yet, even with the best ideas…
Business broker this and that… but what do they actually do? How can they truly help you in selling your business? What skills and expertise can a business broker bring to the table, and in what ways will it…
Few business owners truly understand the complex dynamics of making a deal. Having never participated in selling a business before, the majority of business owners are blissfully unaware of what it takes to turn the dream of selling a business…
Artificial intelligence has certainly received more than a bit of attention in the last two years. It’s no wonder that many business owners wonder how best to use this tool to gain an edge over the competition. Currently, the cost…
If you own a family-owned business, you may feel as though there are more factors to consider when it’s time to sell. In this article, we’ll examine some of the best options that business owners can use. You’ll want to…
