Section 85 Rollover: What is a rollover and why is it important? Section 85 is a rollover tax-saving tool that allows a taxpayer (individual, company or trust) to transfer property to a Canadian corporation without incurring the transfer-related tax consequences.…
Selling your business is similar to a corporate employee cashing out their pension. It is the monetary reward for your lifetime of hard work and dedication that will ensure you move comfortably into your retirement years. However, many business owners that are preparing to cash out and move on discover that they are the business, and without them there would be considerable difficulty in running the company moving forward.
If you are wondering whether you and your business are the same entity, consider this hypothetical situation: if tomorrow you completely removed yourself from your role within the company, would the business still be able to function?
If the answer to this question is no, then there are a number of steps you can incorporate into your exit planning strategy that will help you sell your company when you are ready to exit the business.
Corporate growth opportunities like mergers, inventory investments, equipment upgrades, team expansion and commercial real estate all require capital that, in many cases, a business will not have upfront. Businesses need funds to grow. Business financing solutions exist to help companies…
Businesses will often acquire or merge with another to increase their profit and productivity. A company will calculate and identify mergers and acquisitions synergies to evaluate a merger or acquisition’s potential or success. These synergies represent the possible or achieved…
Business buyers have varying needs and goals. Typically, buyers can be categorized as individual buyers, financial buyers or strategic buyers. When you sell your business, it’s essential to keep in mind the type of buyers interested in acquiring your company.…
Before you sell your business, you need to ensure that both you and the company are ready for the sale. The reality is that a business should be prepared and ready for a sale roughly three years before it hits…
Getting a business valuation is the best, most effective way to answer the age-old question of “how much is my business worth?” When you need to make a serious decision about your business, whether you are selling it, settling a…
TORONTO, ONTARIO, CANADA, May 4, 2020 – Beacon Mergers & Acquisitions is pleased to announce the successful completion of the sell-side mandate for a 22-year old commercial landscape construction business. After completing the business valuation in July 2019, the company…
Beacon Mergers & Acquisitions is pleased to announce that in 2020, for a third consecutive year, it has been chosen as the Best Business Broker in the Greater Toronto Area by Consumer Choice Awards (“CCA”). In 2019, Beacon had a…