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buying

Tips for buying another business

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 increase revenue and strengthen the financial health of their business holdings.  Buying an additional business…

5 reasons a motel can be a great business venture

5 reasons a motel can be a great business venture

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 relatively easily in response to changing market conditions.  Below are five reasons that motels are a viable…

How to buy a business in Western Canada

Buying a business in Western Canada is a significant investment but it doesn’t have to be hard, scary, or overwhelming.  Qualified business brokers can help you choose the best small business for your budget, goals, and lifestyle.  Here are 4 tips to help you buy a business in Western Canada. Decide if you want to…

5 benefits of owning a franchise

5 Benefits of Owning a Franchise

Franchise ownership can be an excellent business model for new and experienced entrepreneurs.  Misconceptions and misinformation about owning a franchise often stops business owners from further exploring this viable option.  Here are five benefits of owning and operating a franchise in Western Canada. Brand recognition and marketing support It can take years for a new…

Find out why businesses don’t sell and what you can do about it

Why businesses don't sell

Successfully selling their business is one of the most difficult things a business owner can face. Without expert help, the process can be complicated, time-consuming, and frustrating. By understanding and addressing the most common reasons that businesses don’t sell, qualified business brokers are able to make this process easier and more successful. Below are the…

Why confidentiality agreements are important for Buyers and Sellers

Confidentiality agreements

A signed confidentiality agreement is an integral part of a business sale, for the Buyer and the Seller.  This important document allows Sellers to share financial and proprietary business information without fear of misuse.  It provides Buyers with the information they need to make an informed purchasing decision. A confidentiality agreement is a legal agreement…

How to get serious about buying a business

How to get serious about buying a business

Wanting to buy a business and being ready to buy a business are two very different things.  As a Western Canada business broker, I meet many talented and motivated people interested in buying a business.  They are driven. . . but are they ready? Here are four things every buyer should do when they are…