If you own a machine shop and are considering selling your business, you might wonder how to do this correctly in an ever-evolving market. According to Canadian Industry Statistics, the machine shop industry boasts an average revenue of over $800,000,…
If you’re the proud owner of a laundromat business in Canada, you know this industry has diverse income potential. In fact, Canadian Industry Statistics report that the average revenue in the laundry service industry ranges from $30,000 to $5,000,000. If…
Plumbing is an industry that is always in demand. Whether you’re working on new construction or dealing with an emergency situation, the value of having reliable and comprehensive plumbing services cannot be overstated. As a plumbing business owner, you know…
The retail industry has experienced significant growth over the years, with numerous store owners expanding their locations, offerings, and even moving sales online. It’s no surprise, then, that global retail sales are expected to amount to $33.9 trillion by 2026.…
Working your way to the top of the construction industry is no easy feat. It takes years to earn respect, clientele, and expertise that sets you apart from the rest. Starting out your career with your own company might have…
Landscaping is often a labour of love. Rarely do you find someone in the business who isn’t passionate about all things outdoor spaces, whether it’s identifying hardscaping designs or certain plants used in a garden setting. It’s also an industry…
Being in the restaurant business is a rewarding experience. As an owner, you reap the rewards of a bustling spot with a great menu and atmosphere that holds many memories for friends and families. You understand the intricacies of the…
The time has finally come for you to part ways with your cleaning business. Perhaps you’re looking into retirement or starting a new venture somewhere else. No matter the reason, the thought has likely crossed your mind at some point…
A career as a business broker prepares you for negotiations regarding the sale of any company. However, business owners tend not to have this same skill set. When selling your business, you could be left uncertain, frustrated, or deadlocked about…
The Process of Selling a Business