Business brokers are professionals who have undergone specific training in the field of selling a business. One of the main reasons for using the services of a certified business broker in Canada to sell your business is the fact that companies that are put up for sale via business brokers tend to have a relatively higher “listing-to-closing” price/ratio as opposed to companies offered via other sources or directly listed by the business owners. Most business owners who are thinking of selling their business often struggle with the thought of hiring the services of a business broker for the sale of […]

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Every entrepreneur exits. It’s one of the absolute certainties in business. As a business owner, one of the most important things to do is to begin planning your exit strategy long before your target exit date. Once you become a business owner, there are just six exit options: 1. Transfer ownership to a family Member 2. Sell the business to an employee 3. Sell the company to an outsider 4. Become an absentee owner 5. Liquidate the business 6. Run the business until you die You can choose any option and each option has multiple factors. Chances are you’re focused on […]

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So, it is time to sell your business! Selling a business in Canada can be a very tough, but exciting time too! There is a lot to prepare for and a lot that needs to be done to ensure that when you sell your business, it all moves along smoothly. As a business owner, deciding to sell a business can perhaps be one of the hardest and toughest decisions you will perhaps make. There will be multiple reasons why you will want to sell your business, but no matter the reason, there is a lot of hard work to put […]

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You have worked incredibly hard on your business and nurtured it over the years. So when it comes to selling your business, you want the best possible deal, and one that credits all of the work you have ploughed in over the years. Plus, you want the process to be as fluid and stress free as possible. When it comes to selling your business, there are so many challenges that you will have to face and overcome that can cause a lot of stress and perhaps incur a loss of value on a business sale – but to try to […]

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  6 six questions you need to answer to sell your business 1) What is the value of my business? 2) What is my strategy for marketing? 3) How should the deal be structured? 4) How will I keep focused on running my business? 5) How should I negotiate with buyers? 6) How am I going to stay emotionally objective? These questions need to be answered but they don’t need to be answered by you, your accountant, lawyer or real estate agent. Let EXPERTS answer these questions and take action steps to accomplish a successful sale. Selling your business is […]

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