Preparing for The Sale of Your Transportation Business

If you are a business owner looking to sell your logistics, freight, cargo and transportation business, it is necessary that you understand the entire sale process and what is involved. Many factors go into a successful sale transaction, and if…

How to Finance a Business Acquisition

When financing a business acquisition, several factors and options are to consider. First, you can finance an acquisition through debt, equity, or a hybrid of the two. Each option has its own benefits and drawbacks, so it’s vital to understand…

The New Age of Acquisition Financing, 2022

The first part of any acquisition is to find a strategic or financial target. This is typically achieved with the assistance of an acquisition intermediary, such as an investment bank, M&A advisor, or business broker. Intermediaries are able to work…

Valuating and Selling a Software, SaaS or IT business

We are frequently seeing tech startups selling for significantly inflated valuations. A great example of this was the acquisition of WhatsApp by Facebook in 2014. WhatsApp was acquired for $22 billion despite, at the time, recording an operating loss of…

Common Canadian Tax Schemes for Estate Planning

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.…

Determining Industry Attractiveness

As a potential buyer of a business one of the most critical factors that will determine profitability is the industry which one buys into. Regardless of whether a firm is operationally effective or not, in the long run profits are largely determined by the industry structure.

A Closer Look at SWOT Analysis

SWOT is an acronym that stands for Strengths, Weaknesses, Opportunities, and Threats. It is used to assess the viability of a new business or marketing plan. The analysis is divided between internal (strengths and weaknesses), and external (threats and opportunities). When drafting your SWOT analysis, the most important part is to explain why and how something is the way it is. For example, if your management staff is a strength, explain why and how they excel. For each of these four categories it is important to evaluate your company from a personal standpoint, but also to compare it in respect to your competitors, because that is the best judgment of how you are doing.

Social Media as a Tool to Increase Brand and Business Value

If you plan on buying or selling a business, remember that a strong social network and online presence is an important aspect of a company’s goodwill, and, ultimately, increases the brand and business value. As digital transformation is accelerating throughout…

Is There a Business Without You?

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.