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selling a business

Is vendor financing the way of the future?

vendor financing

Canadian small businesses have faced many challenges over the past few years and businesses for sale were no exception.  Even those in thriving areas, like quick-service restaurants and online retailers, felt the effects of pressures on small businesses when trying to sell.  Specifically, owners learned first-hand that banks were reluctant to provide financing to potential…

Franchising trends in Canada

Franchising trends in Canada

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…

One chance to make a great exit

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. …