Sunbelt Edmonton broker Dale Alton shares the following truths:
Yeah, I hear you say. Good luck with that!Cynicism surrounds us as calls of fake news bombard us on all sides.
Tagged Using a Business Broker
When should you start planning for retirement?
In your 20s.
So says Niall Leslie, former owner of Crintec, a business he sold through Sunbelt Business Brokers Kingston, Belleville, Brockville and Trenton.
Niall has always led an active life, enjoying motorsports, walking, cycling, canoeing, kayaking, and more recently, soaring.
Niall believes in establishing a rewarding life outside of work, so when it comes time to sell that business, you’re already doing what you love to do.
Now free of ownership, Niall is busier than ever.
Here he's pictured in "full retirement" re-painting a sign at Rideau Lakes Flying club in preparation for the club's Spring fly-in.
Tagged Selling a business
If we can help enough other people to achieve their goals we will achieve ours.We cannot be successful until we have made the people around us successful.
Tagged Sunbelt Canada
From time to time, we feature success stories of new buyers/sellers across our offices. The focus is on them, with mention of the individual Sunbelt office that made their purchase/sale possible.
As a human being it is easy to become emotionally invested in your business. After all the things you have sacrificed for it – kids’ soccer games, recitals, family gatherings, etc., it is understandable how this can happen. However, this investment should be treated like any other. If you consult your financial adviser, stock or bond trader, they will advise you that the best time to sell when the price is highest. In the case of selling a business, it is the same thing.
Unfortunately, as most entrepreneurs are natural risk takers, often they will continue to operate their businesses past the maturity stage and into the declining stage of its life cycle.
To demonstrate the premise of this article, let us examine two identical enterprises: Business A is in the maturity stage and Business B is in the declining stage.
Choose to be Business Owner A and:
Businesses offered through business brokers have a much higher listing to closing rate than those offered through realtors or listed directly by business owners. We often hear that as owners trying to sell directly you become frustrated as you try to communicate the value of your business, or see potential buyers who walk away after you have spent a great deal of time with them. Our business brokers are trained to sell businesses. And that’s what they do!
Going from diesel repair to doggie day care is less of a stretch than you think. Why? Because the skill sets required for both are transferrable. And that’s what Alberto Garcia counted on when he moved to Ottawa from Querétaro, Mexico, to buy Wag, a doggie-themed business in Old Ottawa South.
Sunbelt office owners are great people.
And we’d like you to meet them.
Meet Luis Quevedo, owner,
Sunbelt Business Brokers Montreal South Shore
Tagged Sunbelt Canada Office Owners
Do you own a small- or medium-sized business in Canada? Is selling and retiring on your horizon?
In the 15 years I have been in business brokerage, I have never seen a better market for business owners who want to sell and retire or move on to other things in life.
The market is also favourable for buyers.
Welcome to the Sunbelt Canada Newsletter
This is where you will find the articles we write for the Sunbelt Canada newsletter.
Each issue usually includes:
* A profile of someone who has recently bought or sold their business through Sunbelt
* One or more new articles and links to other recent articles we've found of value
* Useful tips and hints for buying, building or selling a small business
* A summary of our most recent Real Deal blog posts
Sunbelt is Canada's premiere business brokerage.
With Sunbelt you get:
- superior services
- professional brokers
- effective marketing programs
- national and international networks
- proven methodology