Cash is king. Watch your spending. Don't go crazy improving everything in the first three months. Use QuickBooks or a similar software to track spending. If there is not a system in place, start using it day one.
Do you have an off-season or off-peak time in your business? What do you work on in your downtime?
We asked one of our Sunbelt office owners, Erik Twohig, that question. For him, having some extra time is good for the individual and the business.
Traditionally in our business there is a cyclical nature to activity, but working wisely ahead of time to counter that is critical to being productive through otherwise slower periods.
We wanted you to be the first to know and benefit! We have just published our first book—Insider Tips on Selling a Business in Canada, by Sunbelt Canada president Greg Kells.
LinkedIn has made setting up a company page on their network easier and better. We’ve just set up our own LinkedIn page for Sunbelt Business Brokers Canada and you might find some features there that you can apply to your own page. Here are some notes highlighting what we did and why. (Note: you can enlarge any of the images by clicking on them.)
(D x V) + F > R
Whether the change you want is for you, a family member or a staff member this formula still applies.
Sunbelt Canada is working towards providing a full French-language version of its website and related materials. We’re currently revising all our content to make more relevant to individuals looking to buy, build, value or sell a business.
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