bcrompton
How is VBS Different?We help your buyer get financing-no one else does.
Only 5% of Canadian Businesses Ever Get Sold Why. One of the top reason we see is that buyers have no idea how to get financing and if...
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bcrompton
- Jan 31, 2021
- 3 min
Plan Now to Minimize Taxes on Sale of Your Business
Taxes, taxes, taxes.... More Canadian than hockey now thanks to our politicians. Trudeau wants to raise the debt limit from a mere $1...
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bcrompton
- Jan 31, 2021
- 2 min
Different Business Valuations
How much is my business worth & how do I value it? Big and important questions for sure. Here is the breakdown of the most popular...
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bcrompton
- Jan 5, 2021
- 2 min
4 Principles/Tips To Sell Your Business
Principle One There's always a risk-value equation. The higher the risk of ownership, the lower the value of the company; the lower the...
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bcrompton
- Feb 14, 2020
- 3 min
10 Mistakes When Selling Your Business
Selling a business is a complicated and time draining en devour, especially if you do not prepare prior to attempting to sell. Only 10%...
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bcrompton
- Feb 5, 2020
- 2 min
Business Owners & Tax Debts-Solutions
Upcoming Webinar: How to safeguard yourself from undue liability and if you do end up with debts – how to deal with them. Becoming the...
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bcrompton
- Feb 5, 2020
- 3 min
Selling or Buying a Business – what is best, an Asset Sale or Share Sale?
Paul Simon once sang that there are 50 ways to leave your lover. Lawyers, it seems, are a little less creative: basically there are only...
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bcrompton
- Feb 5, 2020
- 3 min
The 3 financial statements & what your Accountant didn't tell you.
The 3 Financial Statements & What Your Accountant Didn’t Tell You. Every business owner should be familiar with the three basic financial...
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bcrompton
- Feb 5, 2020
- 2 min
Every business owner needs two sets of books. Normalize your financials to get the best sale price.
One from your Accountant with its main goal of minimizing taxes. One from your business consultant/coach with its main goal to maximize...
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bcrompton
- Feb 5, 2020
- 2 min
How to price & sell your business
When we talk to business owners and ask what the selling price is of their business I hear all kinds of crazy formulas and...
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bcrompton
- Feb 5, 2020
- 4 min
A flood of small business owners are ready to sell. Most are not prepared. The good news!
From Globe & Mail January 2019 If you’re planning to sell a business in the next few years, you’re not alone. And that’s not good news...
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bcrompton
- Feb 5, 2020
- 3 min
Selling a business -Buyer & Seller Standoff. What Are The Real Issues?
Valuations of small businesses are complicated by several key factors and they are not scientific; it’s much more of an art. First, most...
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bcrompton
- Feb 4, 2019
- 4 min
10 must-do things before putting your business up for sale
1. Buyers want profits-not revenue. Many business owners trying to sell their business price it and focus on the business' revenue. Does...
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