Many people think about starting a business but are afraid to start because there is a lot of uncertainty, there is no cash flow and the business may not survive or you do not have enough capital to keep the business venture going until you reach break even.  Sometimes, it is easier to buy an existing business where you have immediate customer base, cash flow and existing suppliers.  It is also easier to get financing for an existing business rather than a start up. (more…)

You have built up your business from scratch and you go to work everyday in your business, you have a routine, you go home at night, nothing new or exciting happens, is it time to sell your business?  If you do not look forward to going to work everyday, is it time for a change?  How do you know when it is time to sell your business? (more…)

You have been to buy a business for sale for a long time and finally found the business of your dreams.  You are about to start due diligence but do not know what to look at.  You have only a short period of time, usually two weeks to ask for information, after which you are now starting to prepare a final purchase and sale agreement.  Here is a partial list of things that you should review during your due diligence: (more…)

Many businesses are cyclical therefore the timing of when you buy a business can be very important.  If you want to buy a retail store, the Christmas season has large sales but in the (more…)

You have decided that you no longer want to work for anyone and now you would like to buy a business.  What do you need to do before starting to look for a business to buy? (more…)

 The economy is slowing down, many businesses have been hurt by poor sales, too much capital is not being utilized and now the owners of the business is thinking about retiring and selling the (more…)

A recent report indicated that Canadians are sitting on a lot of cash and investing it in very liquid type of investments.  They are being extremely conservative.  Are you waiting for the (more…)

You have decided to purchase a business and are thinking of something that is a new concept, should you buy this or (more…)

You want to expand your business but buying your competition is too expensive a proposition.  If you do have the capital or you have a lot of business experience with financial (more…)

An investor was looking to buy a franchise, an American concept just starting to come to Canada.  He did not have enough money to buy the franchises and needed an additional (more…)