Be prepared to sell your private business
Do you own a private business? Has the thought of exiting the business ever passed through your head? If it has, prior to selling the business, it’s important to identify your needs. Are you exiting to pursue a new passion? A wanted change of pace in life? The answers to these questions are essential to finding the “right buyer.” Click here to read more.
How to understand the value of your private business
Private companies make up a large proportion of businesses in Canada and across the globe; however, the average investor most likely cannot tell you how to assign a value to a company that does not trade its shares publicly. This article is an introduction to placing a value on a private company and the factors that can affect that value. Click here to learn more.
Identifying Potential Barriers to Selling Your Private Business
Selling your business should never be an impulse decision, and the process leading up to the sale can take years. It is critical for a business owner to have a realistic understanding of the steps involved to prepare for a potential or eventual sale, even if there are no current plans to sell in the next few months. Click here to learn more.