HOW TO REDUCE OWNER DEPENDENCE WHEN SELLING YOUR BUSINESS IN CANADA Many business owners may think that the tough part is over once they make the call to sell their business. While there’s no doubt that decision can be hard, there is still work to be done. Owners must adapt their business environment to continue running without them. Working with an experienced advisor can make all the diff
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Business Brokers and M&A Advisors: What's the Difference? Whether you are looking to sell a business, acquire a company, or merge with a larger or smaller corporation in Quebec one of our professional Transworld Business Advisors is available to assist you through the process and beyond. At Transworld, we have a Mergers and Acquisition (M&A) division with a dedicated team of professionals sp
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As a business owner, you have likely spent hours, days, months or even longer agonizing over whether to sell your business. While in a perfect world the hard part would be over, the reality is making the decision to sell is simply the first step in a complicated process. Fortunately, there are ways to simplify the experience. To start, it’s a good idea to have a checklist of what st
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Selling my Business in Quebec, Canada. In a perfect world, every entrepreneur would have ample time to prepare their business for sale. It’s a long, often complex process that demands our full attention—and ideally, assistance from professional brokers, like Transworld Business Advisors in Quebec. After all, there are many, many factors to consider: Why am I selling? Is the marke
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3 VALUABLE TIPS FOR FIRST TIME BUSINESS SELLERS You’ve made the decision to sell your business. Congrats! There’s no doubt that a lot of stress is wrapped up in deciding to sell, but there’s also a great deal of excitement. As a result, it can be very easy, especially for first-time sellers, to forget that selling a business is a multistep process, requiring careful planning to
Thinking of Selling Your Health Care Business or Practice in Quebec?: What You Need to Know Health care is an industry that is constantly growing and evolving as new technologies and discoveries change treatments and care. This reality is truer than ever as the world has seen during the recent COVID-19 health care crisis. If you are looking to sell your healthcare parctice, the conditions
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HOW DO SELLERS DETERMINE THEIR BUSINESS LISTING PRICE? First let us do a comparison that most people are familiar with, that is Real Estate. In Montreal, Quebec, and in Canada, most people go on REALTORS® website to shop for a house and are knowledgeable with the term “Listing” when it comes to real estate. That is the price that the owner of the property is asking for
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From the pandemic’s supply chain issues to the current worries over rising inflation, many small businesses have been struggling to adapt to the sudden shifts of today’s economy. With inflation increasing year over year 7.6% in July in Canada, more and more businesses in the province of Quebec are worrying about how exactly inflation has and will impact their business, and if now is th
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For many entrepreneurs, selling a business is about more than money—it’s about passing down a legacy. After years of hard work, it’s only natural to want to see your creation in the hands of someone who shares your passion. However, finding that perfect “someone” can be a challenge. Not everyone that can buy your business should buy your business. As vetera
Valuing your businessThe moment you have decided to sell your business, you have to begin to put your finances in order. Once the checkbook is balanced and your income statement is complete, it is time to determine the value of your business. A broker has the skills and knowledge to find a fair asking price considering a number of financial variables. Business continuityWith a broker hand
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