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246 items found

If you are researching buying or selling a business, here is a great place to start.  

As mentioned in part I of this series, the business broker has to do a great deal of homework to prepare a business for a successful sale. It is the business broker who has the responsibility, on behalf of the purchaser and vendor, to examine financials, client lists, existing account and competitio...
Read more
  • Articles

The Business Sale or Offer Fell Over – Now What? Part II

As with most business transactions, purchasing a franchised business holds its own set of advantages and disadvantages. While purchasing a franchise is no guarantee of success, it does have several benefits over starting a new business from scratch.
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  • Articles

Advantages and Disadvantages of Purchasing a Franchised Business

Whether you’re still considering whether or not to sell your small business or the decision is set in stone, there are several steps to complete along the way before the final signature is written. A family-owned business may be passed on to a succeeding family member, while a larger business ...
Read more
  • Articles

Planning on Selling Your Business? Read This First

There are many factors involved when it comes to selling a business, including determining a fair asking price for it. The data that goes into such a determination may be gathered from a company’s financial statements, based on current competition in the market and drawn from other factors. Ot...
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  • Articles

Future Profits Accrue to the New Owner

When you’re preparing to sell your business you may think about presenting it in the best light, getting a good price and the legalities of signing it over. But have you thought about keeping the whole idea a secret? If your plans to sell become known to the wider world, this could have reper...
Read more
  • Articles

How Does a Broker Keep Your Business Sale Secret?

Whether you’re set on selling your business or you’re still considering the option, it’s important to research the current market and its state. First, you’ll have to discover if your business’ purpose — precisely what it does — is unique and whether or not ...
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  • Articles

Selling in a Growing Market – Four Advantages to Selling Your Business When the Market is Hot

Whether you're in business and dealing with vendors and employees or you're buying or selling companies, discretion can be a valuable commodity. A number of reasons exist for keeping things confidential as you work through processes or negotiate a deal, but you can't always rely on the f...
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  • Articles

What You Need to Know About Confidentiality Agreements

An information memorandum is something that can be issued upon request and may contain data valuable during due diligence as you decide to purchase a piece of property or negotiate a business or property buy. Information memorandums actually come in two varieties: the Project Information Memorandum ...
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  • Articles

Information Memorandum – What You Need to Know

In early September, the ADLS Documents and Precedents Committee published an updated Agreement for Sale and Purchase of a Business. The changes include a new assumption that the business can be zero rated under the GST Act in most cases, as most businesses in these cases are a going concern. Another...
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  • Articles

Sale and Purchase of Business Agreement Changes – What You Need to Know

This isn't a post about how you should look after your employees or the advantages of charitable acts as a business — though both those things are worth considering as a business owner.
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  • Articles

Why Your Business Shouldn’t Be All about You

Whether a business transaction is taking place within your actual family (those individuals related to you by blood) or within your business family (those individuals you are closely related to via financial agreements or professional history), it's a good idea to get an independent valuation.
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  • Articles

Why You Need an Independent Valuation for Business Transactions Within the Family

Succession planning means creating a process by which you can exit your business and someone else will take over. Often, people think of passing the business on to someone in the family or a trusted employee, but that doesn't have to be what happens.
Read more
  • Articles

6 Reasons Why You Should Think About Succession Planning Now

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