I recently had the privilege of hearing Garth Stephanson speak at the May 2013 Estate Planning Council of Toronto dinner. Garth’s story was fascinating and he provided extremely valuable advice for business owners when it comes to building a business for a successful transition. His advice is especially critical given the implications for business owners of the unprecedented expected over the coming decade. After 32 years as CEO, Garth sold his manufacturing business in 2004 when sale...
Valuation reports are a key part of any pending transaction concerning your business. When selling your business in the GTA, obtaining a professional, independent helps manage your expectations with respect to the business’ market value and how much it can be sold for. A valuation report also provides useful information for entering into negotiations with a potential purchaser. When done early enough, it can help you ident...
It’s been established that there will come a day when you will exit your own business due to any number of reasons; this could be voluntarily, such as retirement or a sale, or involuntarily due to death, disability, disaster, divorce or dispute. Regardless of the circumstance, it is in your best interest as business owner in the GTA to obtain a service to help prepare for your and your business’ future.
As a business owner, you may be focused on growing your business and boosting its profitability. Doing so can also drive the value of your business, increasing the net proceeds that will be available to you when you eventually exit your business. A in Ontario can help you identify key factors to leverage to increase the value of your business, opening the door to a favorable future. Read More
Doing business in fast-rising and highly-populated Ontario means it’s a priority to ensure that your company stands out starting from its early stages of growth, to maturity, and all the way to when you will assess its viability to survive in the near future, which may result in you exiting the business. In these cases, a is useful in arriving at a benchmark for measuring growth as a...
It’s no secret that the key to surviving in business is rising above the fray of competition each of your industry peers have long been engaged in. Doing so raises your company’s value, resulting in a premium business valuation that helps your business stand out and than any other member of its industry peer group, such as similar businesses in the GTA. With the help of a busines...
Selling your company requires more than putting a price tag on it and asking for offers. To maximize business value and the price you ultimately receive in a transaction, a value as well as the value of potential economies of scale or synergies that would result from combining the target company with a particular acquirer. The concept of a fair market value is defined as “the h...
Third-Party Sales: Perceived Pros Think about some of the most successful . Whether it’s Facebook buying Instagram for $1 billion or Google offering to buy Snapchat for $30 billion, a common presumption that business owners make when considering a third-party sale is that they can make the most money by selling to a third party. Typically, they’re correct: Of all Exit Paths, third-party sales tend to provide business owners with the most money the mo...