Buying or Selling a Business: Keeping the Trust
Every day or two there’s news about yet another person in sports, business, or government that’s breached personal or public trust. Or so it seems.
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Insights
Why Is This Business for Sale?
Potential buyers of a business want to know upfront why it’s for sale. They’re naturally suspicious--if this is such a good business, then why is the business for sale? What is wrong?
Read MoreRe-inventing Yourself as a Small Business Owner – Tips for Baby Boom buyers
No matter how successful you’ve been in your previous work life, becoming a first-time small business owner can be tough. As perhaps half of business buyers in Canada were born in the baby boomer era, it’s worth taking a closer look at the typical challenges from their perspective.
Read MoreDo Small Business Owners Have More Fun?
Do you have fun running your business? Research from The Guardian Life Small Business Research Institute shows it’s more likely if you stay small. Some keep their business small by choice, finding it more personally rewarding than running a bigger company with more employees.
Read MoreEntrepreneurs Know How to Create Value in a Business… Do You?
Do you already own a business? Is much of what you need to operate your business “in your head”? Businesses that rely on their owners for success have less value because replacing the owner is much more difficult and they are not ready for growth. Yet that’s how most small businesses still operate today.
Read MoreFive Smart Steps to Selling a Business
The grocery store has been in John's family nearly 50 years now, central to the new life they began when they moved to Canada in the early 50s. He remembers them working long and hard to make enough to support him and his sister.
Read MoreConsidering Purchasing a Franchise?
For certain business buyers, a franchise is a good fit. As explained in the previous post, Franchises, a business-in-a-box, franchising is a method of being in business for yourself, but not by yourself. Individual franchisees are local owners/managers who apply a prescribed system of business operation to produce and sell specific products/services throughout a market territory.
Read MoreFranchises, a Business-in-a-box
Our business brokers work hard to connect buyers with businesses where they can be successful and happy. For some, the solution is the purchase of an existing operating franchise with a known name, system of operations, specific track record, trained employees, existing customer base and cash flow - a business-in-a-box.
Read MoreCan You Afford to Buy a Business?
Six weeks ago you lost your job. So far, all your leads have been dead ends and you're starting to get nervous. You did get a package, but it's not going to last forever.
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