On Valentines' Day, I posted my Top 7 reasons to love Canada's small businesses, a short by-the-numbers post along the lines of what the Small Business Administration had just published in the United States. Clearly, small business owners are critical to our economic success.
Let's show our small businesses some love. They deserve it. As I've said here before, Canada’s small business owners take the risks and provide the imagination, the capital and the energy that drives the economy, jobs and wealth in Canada.
We have just published our first book - Insider Tips on Selling a Business in Canada, and what a great feeling! I believe that we cannot be successful until we have made the people around us successful. Likewise, if we can help enough other people to achieve their goals we will achieve ours.
With all that we try to fit into every day, setting aside the time for the truly important and meaningful activities can be/is difficult. Planning and good intentions go by the wayside. Yet not preparing for the sale of our business could cost us the very lifestyle we have worked so hard to build. Isn't it time you start thinking about the life you want when you leave your business?
Have you bought a business? The following people have. While interviewing them for Sunbelt’s monthly newsletter, we asked them to share what they have learned about buying a business. These are some of their tips on buying a business.
Canada’s small business owners take the risks and provide the imagination, the capital, and the energy that drives the economy, jobs and wealth in Canada. But they don’t get the respect they deserve, especially when it comes to funding for acquisition and growth.
Grant Mellow, ActionCOACH, in action at Sunbelt's Ottawa office. A business owner must be able to seek out and take advice and keep learning. Most of us have access to many networking and training options, both in person and online.
Statistics show that owning your own business is the fastest way to financial independence, while also creating the lifestyle and liberty that goes with successful business ownership. And if you buy an existing successful business, there is a 90 to 95 per cent chance that the business will still be in business after five years (provided, of course, that you buy it right). To mark our 50th post and to help you "buy it right", we've pulled together a top 10 list of tips.
Would you buy a struggling business? Should you? Turn on your television any day of any week and you are bound to find at least one “rescue” show where an expert whips a struggling individual, a family or small business into physical, emotional or financial shape. Oh, and let’s not forget the tough talk for owners of out-of-control pets!
