Managing Your Inventory
As a business owner, it is always important to consider the factors that determine the value of your business. One element that can negatively affect your business value is carrying large amounts of excess inventory. Managing your inventory levels in your business is...
Strong Demand For Construction, Manufacturing, and Business Services Businesses Continues
Throughout the majority of 2020, Canadian businesses faced unprecedented change. While much is still uncertain about what the the future will hold for businesses owners across the country, the International Business Brokers Association (IBBA) Market Pulse report for...
Due Diligence Stage: Questions to Ask
One of the most important stages of the business purchase process is the due diligence stage. In this stage. it is wise to have your lawyer, accountant, or advisors assist in analyzing all aspects of the business before moving forward with the purchase. Here are some...
Why Cash Flow Drives Your Business
Cash flow is a key determinant of business growth. Although you may have a profitable and growing business, the inability to come up with cash has the potential to result in bankruptcy! In fact, cash flow is one of the major causes of failure in small businesses....
Sell Myself or Hire a Business Broker?
Many business owners believe they can successfully sell their own business. After all, they are the key salesperson for their company and believe they know it better than anyone else. While this may be true, selling your business is not like selling your product or...