Build a Business That Sells: Expert Tips for a Profitable Exit
According to the Canadian Federation of Independent Businesses, 76% of small to mid-sized business owners plan to sell their business in the next 10 years. Over three-quarters of those owners hope to retire after selling, making it even more important that their...
Everything You Need To Know About Franchise Resales
Thinking of buying an existing franchise? While franchise resales are often touted as a fast track to business success, the road to franchise ownership can be fraught with hidden pitfalls and unexpected hurdles if you’re not careful. We’re sharing 10...
Understanding Cash Flow: A Guide For Small Business Owners in Canada
Understanding cash flow isn’t the most thrilling topic for small business owners, but it is the foundation of every successful business. Imagine steering the ship of your business through the ups and downs of sales, expenses, and growth; cash flow is your guiding...
Successfully Navigate the Business Loan Landscape
Whether starting a new business or scaling up an existing one, you may need some extra funding to make your vision a reality. But getting a business loan is not always easy, especially in today’s competitive and uncertain market. You will face challenges such as...
How To Secure Financing To Buy a Business in Western Canada
In today’s dynamic business landscape, buying a small to mid-sized business in Western Canada is an exciting but challenging endeavour. One of the biggest hurdles aspiring business buyers face is learning how to secure financing to buy a business. The days when...
Mastering the Art of Writing an Effective Business Plan: A Step-by-Step Guide
Seasoned business owners and aspiring entrepreneurs can benefit from having an updated, comprehensive, and persuasive business plan for attracting investors, securing loans, and charting a path to profitability. A business plan can also be helpful in specific...
Maximize the value of your business
Steps to take today for a successful sale tomorrow Did you know that one-third of small businesses in Canada will change hands in the next three to five years? Getting your business ready for a new owner is crucial, even if you are not planning on selling soon. Life...
Why one business owner came back to Acuity Business Group
As a service provider, it is always important that clients have a good experience working together. I know I have done my job well when they come back, sometimes years later, to work together again. That is what happened in 2022. Background Approximately five ago, I...
Learn about the costly mistake business owners are making (and how working with a business broker can help recoup some of those losses)
When times are tough, business owners start to cut back on expenses. This can effectively save money and bridge the gap between incoming and outgoing cash flow. But, there is a right way and a wrong way to save money. When owners do it the...