Tips for buying another business
Business owners have many different reasons for wanting to buy another business. Some owners want to grow by acquisition. Other business owners want to diversify. Regardless of the reason, all business owners have the same overall goal which is to...
How to thrive when others fail
A recent article in the Calgary Herald outlined some of the frustrations and challenges affecting business owners in the city’s various destination districts. According to the article, destination districts in Calgary have increasing vacancy...
What business owners can do when there are few business buyers
There are many challenges and hurdles to overcome when selling a business. But what happens when one of those challenges is a shortage of qualified buyers? This is a reality that is affecting many business owners and it is a trend expected to...
Most business owners fail when they try to sell their business
Business owners are extremely business savvy but that doesn’t mean they should try to sell their own business. Many assume they are the best person to market their business because they know it inside out. This couldn’t be further from the truth. In...
3 Ways a business broker will help you sell your business
There are countless resources available that help small business owners start and grow their business. There are a few resources that give some tips and advice on how owners can sell their business but these are scarce and not usually comprehensive. In...
Is vendor financing the way of the future?
Canadian small businesses have faced many challenges over the past few years and businesses for sale were no exception. Even those in thriving areas, like quick-service restaurants and online retailers, felt the effects of pressures on small businesses when...
Learn about a crucial document that can help owners sell their business
Owners have come up against a new obstacle when selling their business, causing deals to be delayed or fall apart. Today, more than ever, buyers and lenders are looking for detailed accounting records before buying a business. A general summary of assets,...