buying a business
Earnouts are one way to help a business for sale transaction cross the finish line. This method is most commonly used when a buyer and seller are having difficulty settling on a sale price because they don’t see eye on eye on the growth, performance, and value of the business. A well-structured earnout can help…
Over the past few years, franchising in Canada has increased in popularity and business owners are experiencing the benefits of a franchise business. Across the country, franchises are growing in a variety of sectors, each of which is accessible to new and experienced business owners. Below is an overview of three different franchise areas that…
Buying a franchise can be a great business opportunity for new and experienced business owners. Franchises provide the opportunity to own a business that has a proven concept, policies and procedures in place, brand recognition, and ongoing support. This business model can provide owners with the opportunity to grow their business more quickly than if…
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 increase revenue and strengthen the financial health of their business holdings. Buying an additional business…
As the City of Calgary entered 2018, experts said that the local economy was on the rebound but that there would still be tough times ahead. Small business owners were impacted by various factors such as higher property taxes, increased payroll costs, and escalated cost of goods. While the oil and gas industry continued to…