selling 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…
Some say that you only get one chance to make a good first impression. In business, you get one chance to make a great exit. Your business exit strategy is an important aspect of business ownership. If your business experiences a summer slowdown, now is the perfect time to start putting together an exit strategy. …
There are many challenges and hurdles to overcome when selling a business. But what happens when one of those challenges is a shortage of qualified buyers? This is a reality that is affecting many business owners and it is a trend expected to continue. Many business owners are on the cusp of retirement and getting…
Business owners are extremely business savvy but that doesn’t mean they should try to sell their own business. Many assume they are the best person to market their business because they know it inside out. This couldn’t be further from the truth. In order to sell a business successfully, business owners should assemble a qualified…
There are countless resources available that help small business owners start and grow their business. There are a few resources that give some tips and advice on how owners can sell their business but these are scarce and not usually comprehensive. In fact, it is that lack of resources that prompted me down the path…
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…