Business Selling Tips

BUILDING A VALUABLE BUSINESS

For every business listed for sale on the Business & Finance Canada website, we have met up to 12 other businesses that, for various reasons, are not ready to sell or have been determined as having little to no value. For example, may businesses we see have an owner who is very integral in the business - they are the rain makers if you will. Buyers will quickly recognize this because without the current owner, is there really a business worth buying? The result is there will be an extremely low offer made or no offer made at all.

Structuring a Business so that it can be sold at anytime is, unfortunately, an activity that few business owners actively work on. It is an ongoing activity and for many businesses it is by no means something that can be achieved quickly.

CONSULTING SERVICES - ADD VALUE TO YOUR BUSINESS!

The answer is to hire a business consultant who can teach you the methodology to help you structure the business so that it can be SOLD at anytime. Consultants who understand what both buyers and financial institutions look for.

Why do we mention the financial institutions?

Financing (or lack of) is one of the most common reasons why deals fall apart. In this day and age, you and your business are a key component to the success of a buyer securing financing. If your business is not structured in such a way that is acceptable to the lenders, a buyer will not be able to secure financing.

Our methodology is designed to address these areas. Once implemented, not only will you maximize the odds of you selling your business but most importantly it will result in the value of your business increasing!