Articles

Buying a business has many components and follows a specific process. One crucial component is establishing the necessary financing to accomplish the transaction. Determining your lending capacity early on is equally important to you, the Buyer and to the Seller. Since many deals require the Seller to finance a portion of the sale as a […]

Buying an established business has many advantages but is not without risk. You will need to know the advantages and disadvantages of buying an existing business and know your strengths and weaknesses as a business owner. Advantages of buying a business Buying a business is generally less risky than starting your own business. You can […]

Did you know 90% of buyers never end up buying a business. This is a a staggering statistic, especially considering 50% of Canadians want to own and operate their own business one day. Why is it so few ever do? If you are a first-time buyer who has never owned a business before, the process […]

So, you are going to sell your business. How are you going to stay focused on your business while navigating a complex sale process?  The process is emotional and you need someone to guide you right up to the close.  A Business Broker takes the weight off your shoulders and handles much of the stresses […]

A Lawyer, an Accountant and a Business Broker come together for one epic event on Selling your Business. Lethbridge, May 17. See you there! Please register to [email protected]

Have you ever wondered what is a Business Broker exactly? What do they do? Who are they accountable to? Here is a Business Broker defined by the International Business Brokers Association (IBBA): “A Business Broker is an intermediary dedicated to serving clients and customers who desire to sell or acquire businesses. A business broker is […]

Are you considering selling your business?  Taking the time to prepare has big benefits! Preparing your business for sale is almost as important as the sale itself.  Your business will only be sold once, therefor careful planning is essential to a successful sale. If you approach selling your business early enough, allowing for a one […]

    Learn about a growing community in Lethbridge in need of a new medical clinic. Join us on Saturday, February 25 at 6:00 PM 376 1st Ave South Second floor RSVP by text to 403-715-9515 or email [email protected]  

When examining the value of assets in a business, there are two types. Tangible Assets Intangible Assets Assigning a value to Tangible Assets is relatively simple. These are physical assets you can see and feel. Finding the re-sale value of tangible assets can be researched online. They are also easy to identify on the Balance […]

Owning a Restaurant is fuelled by passion, your passion. In business, passion combined with exceptional management skills is a winning combination. Passion alone is not enough. Here are the Top 5 Reasons Restaurants Fail: The concept is not well defined You know what you are going to get at McDonald’s. When McDonald’s released its Healthy menu, […]