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...
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...
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...
Purchasing a motel can be an excellent business venture for individuals or a group of investors. The accommodation industry in Canada, including the western provinces, provides owners with a flexible business that can be grown, diversified, and adjusted...
Even the best businesses can struggle when it comes time to sell. There are three common mistakes many business owners make that can prevent their business from selling. Understanding and avoiding these mistakes will help make your business for sale...