The articles are provided for information purposes only, and are not intended as legal advice.


Eventually all of us get too old too work.  When is it time to retire and let the business change hands, either to a child, family member of third party buyer of a business.  Can you stay too long and if so, will this reduce the value of your business? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


You are an entrepreneur and built up a business.  You are getting older and you have a choice, you can give/sell the business to your kids or you can sell the business to a third party.  Is that an easy thing to do? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Some businesses are doing very well this year, others are not doing so well.  Is this a good year to sell or should you wait another year? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


In Ontario and British Columbia, HST will be implemented effective July 1.  Many different products will be more expensive now that they were in June prior to the implementation of the HST.  Will that affect the value of your business for sale? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


You have been married for a long period of time and now you have decided with your partner/spouse to go your separate ways.  What happens to the business?  Will you be forced to sell the business to settle up with the partner? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Summer is fast approaching and everyone is starting to plan their holidays.  You want to sell your business but is this a good time of year? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Interest rates just increased in Canada by .25%.  May not seem like a lot a large increase but the effect of the increase could affect a number of items.  If interest rates keep rising I believe that there will definitely be an impact on the sale of your business but not in the way that you may think. (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


The BP oil spill has not been contained and oil could continue to leak for another few months.  If there is a tropical storm or hurricane and a storm surge brings the oil inland, what will that do for business or real estate?  Are people starting to panic? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Everyone has been hearing that the oil leak in the Gulf of Mexico is huge and could take several months to be plugged.  Hurricane season is officially about to start.  What happens if there is a major storm?  No only will that affect the shoreline, any storm surge could carry oil inland.  I am not a meteorologist however if a storm surge hits the coast of Florida or even goes up by the Gulf Stream up the east coast of United States, the impact could be devastating. (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Normalized earnings is the profit that would continue to the new owner after the old owner left the business.  In theory, it is the profit after the owner is paid a reasonable salary that would be earned after the business is sold.  What should be factored into this calculation?  There is no standard of what to include and not to include the businesses is becoming more international, there are many more things affecting a business.  Should you consider them before offering a price for the business for sale? (more…)


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