We are pleased to announce the successful sale of a poultry wholesale distribution business located in the Greater Toronto Area of Ontario, Canada. The owner had previously tried to sell the business for over a year and was convinced it…
When considering selling your business, one crucial step that many business owners overlook is valuing the business properly. Valuing your business before selling it is essential for several reasons. In this article, we will explore the importance of business…
In the competitive world of business, having monopoly control can provide significant advantages and opportunities for growth. Monopoly control refers to a situation where a company has exclusive control over a particular product or service in a specific market.…
What is the Purpose of a Letter of Intent? A letter of intent (LOI) is a significant document used during the process of buying a business. Although it is not a legally binding contract, it outlines a preliminary…
When it comes to selling a business, demonstrating its future growth potential can be just as important as showcasing its current financial health. While financial performance provides a snapshot of past and present success, growth potential is a forward-looking…
Recurring revenue is a business model where customers pay for goods or services on a repeating basis, such as monthly or annually. This model has become increasingly popular in recent years, and for good reason. In this article, we’ll…
For business owners, one of the ultimate tests of their company’s robustness is how well it can operate in their absence. Creating a business that runs independently not only increases its value but also provides the owner with the flexibility…
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…
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…
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,…
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…
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…
