If you own the family business and your children work for you OR you work in the family business and your parents are still involved, you need to read this tale to get the benefit of this son’s trials and tribulations.
This is part 1 of a series on why 90% of businesses don’t find buyers when they try to sell and what you can do in your company to be part of the 10% that actually exit rich. Which exit path are you on?
When you started your company, how did you intend to get your return on your investment?
Many of the terms used in discussing a deal can be confusing for business owners. In this blog we demystify “Dealmaker Speak” with an article or two every month.
Victoria Wells at the Financial Post noted that BMO Harris Private Banking did a survey of business owners in Canada. They asked if they had done a succession plan. 89% of owners in Canada have not.
I was talking to a wealth manager a few months back.
Are you a business owner? Do you have employees? If you do, and you have a product, service and marketplace that’s growing, you might be able to sell your company one day.
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