Blog

Tips, Tricks, and Valuable Information

Learn about the Buyer Qualification Process

buy qualification

One of the promises we make to our Sellers is that we will introduce them to serious and qualified Buyers.  The Buyer Qualification process can be time-consuming but it ultimately benefits both the Buyer and the Seller.  This process is important because it Gives potential purchasers the opportunity to get expert advice from the Business…

Businesses for sale in Calgary

Businesses for sale in Calgary

As we head into Spring, there are plenty of great business opportunities in Calgary for new and seasoned business owners who want a fresh start.  Below, we have highlighted three excellent businesses for sale in Calgary. Car wash in Greater Calgary area listed at $6M.  This business was established in 2001 and consistently earns a…

Businesses for sale in Calgary

Businesses for sale in Calgary

Heading into 2016, there are plenty of great business opportunities in Calgary for new and seasoned business owners.  Below, we have highlighted a few businesses that are for sale in Calgary and the surrounding area. High end ornamental exterior fencing business listed at $499,000.  This successful niche business offers high-end ornamental fencing solutions, retaining walls,…

How to sell your business checklist

How to sell your business checklist

Selling a business is a big undertaking that requires a great deal of thought, preparation, and planning.  A successful business sale can take several months to execute.  Only 16% of all businesses listed for sale actually sell.  Having a plan can increase your chances of having a successful transaction.  We have put together a quick…

2015 Overview

2015 overview

As 2015 draws to a close, it is a good time to take a look at the consistent trends that I saw while helping people to buy and sell businesses in Calgary this year.  While the oil industry and major elections dominated the news, plenty was happening behind the scenes with small to medium sized…

Businesses for sale in Calgary

Businesses for sale in Calgary

Right now, there are plenty of great business opportunities in Calgary for new and seasoned business owners.  Below, we have highlighted a few businesses that are for sale in Calgary and the surrounding area. Interior design business listed at $975,000.  This business offers customers a one stop shop for all their interior design needs.  This…

Who Will Buy Boomer Businesses?

boomer business

A recent CBC report estimated that $1.9 Trillion in business assets in Canada are poised to change hands in five years. These companies are vital to the economy employing some 2 million workers. Boomer businesses are estimated to represent 15% of Canada’s economy. By 2022 this transfer will almost double to $3.7 Trillion as 550,000 owners…

Vendor Financing

vendor financing

In today’s financial markets it can prove difficult to obtain any form of financing on the purchase of a new business. This can frustrate many potential purchasers. Alternative forms of financing, if available, may be too expensive. A seller may offer financing to a buyer, often called a vendor take-back. The benefit to a seller is that…

Transactional Brokerage

transactional brokerage

When selling a business you will usually employ the services of a business broker. A good business broker will cooperate with other brokers so that the client is exposed to as many potential buyers as possible. Often, however, it is the listing broker who finds the buyer through their existent database and extensive marketing. When this scenario occurs…

4 tips to help you prepare to sell your business

4 tips to help you prepare to sell your business

It is not easy selling a business but preparing and paying attention to the details can assist in receiving a fair offer to buy. 1. Have the financial statements prepared up to date. Prospective buyers will want to see the past three year’s financial statements plus interim financials for the current year. If sales fluctuate month to month…