How to Get Funding to Buy a Business
Going through the process of buying a business is an…
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Insights
How To Negotiate The Sale Of Your Business
A career as a business broker prepares you for negotiations…
Read MoreAre Business Brokers Worth It? 13 Benefits of Working With A Broker
Considering selling your business? This can be a considerable process…
Read MoreBusiness Valuation: What’s Your Business Worth?
If you own a small business and require a share…
Read MoreHow to Sell a Business in Canada (For Maximum Value)
When contemplating how to sell your business, there are numerous…
Read MoreRising Commercial Property Taxes Hurt Small Businesses
Many Canadians feel that the cost of local housing, whether purchased or rented, is beyond their means. Affordability is especially an issue in Toronto, Vancouver and Calgary. Less in the news are non-residential properties and the hardships their rising property taxes are causing to small businesses. It’s an expense that is causing small businesses to relocate, reconsider expansions and, in some instances, shutter, notes a recent Globe and Mail Report on Business.
Read MoreRisks in Putting off the Sale of Your Business if It Is Ready to Sell
You’ve never been known as someone who has trouble making decisions. But here you are swinging like a pendulum when it comes to following through on selling your business. You’ve taken your business as far as you can. You have other ideas about what you’d like to do with the rest of your life while you still have the health to act on it.
Read MoreBuying a Business: Conducting Due Diligence (part two)
The finishing line to buying your business is in sight— you want to get there ASAP. But you can’t shorten due diligence, an important and complex part of the purchasing process. As described in Due Diligence in Buying a Business (part one), our goal is to identify any fatal flaws, verify that the information is reasonably accurate and confirm that this business will really work for us. And so, it's essential we keep to the plan our broker has set out for us.
Read MoreDue Diligence in Buying a Business (part one)
We have successfully negotiated agreement upon an offer to buy a business based on the information our business broker and the seller have provided. This offer included many conditions that we must be satisfied with prior to closing or the offer becomes null and void and our deposit, refunded. We must now plan and execute a reasonably thorough analysis of the business and the information provided.
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