For most business owners in Canada, succession planning is treated almost as an afterthought. Too often, owners don’t prepare themselves or their businesses adequately enough to exit it at its maximum potential value. This article will examine succession planning from the standpoint of the business owner looking for a transition via the sale of a [...]
Posts Tagged ‘Business Owner’
Succession Planning For Business
Posted by admin on March 6th, 2010
Posted in Articles 
Tags: Accountant, Afterthought, Business Buyer, Business Owner, Business Value, Buying A Business, Efficiencies, Financial Statements, Income Taxes, Management Responsibility, Margins, Market Opportunities, Medium Sized Business, Sized Business Owners, Stable Base, Standpoint, Succession Planning, Tax Exposure, Tax Specialist, Time Horizon 
No Comments »Ground Rules for Successfully Selling Your Business
Posted by admin on March 4th, 2010
Sooner or later you are going to exit your business. The question isn’t whether or not you will be ready. The sixty four thousand dollar question is whether or not your business will be ready.It is estimated that seven out of ten privately held businesses have no succession plan to transfer the business to the [...]
Posted in Articles Tags: Business Broker, Business Business, Business For Sale, Business Operations, Business Owner, Business Owners, Distant Future, Diversification, Dollar Question, Existing Partners, Family Members, Health Issues, Instances, Market Share, Next Generation, Sad Truth, Second Generation, Selling Your Business, Semi Retirement, Succession Plan No Comments »The Difference Between Insurance Agents and Brokers
Posted by admin on March 4th, 2010
For a business owner seeking general insurance, the difference between a business insurance agent and broker is not just a matter of semantics. There are sufficient distinctions between the two that can influence whom you should insure your business with.Both business insurance agents and brokers are insurance intermediaries who assist business owners with insurance decisions. [...]
Posted in Articles Tags: Administrative Liability, Business Decisions, Business Insurance, Business Owner, Business Owners, Captive Agents, Distinctions, General Insurance, Independent Agents, Insurance Agent, Insurance Agents, Insurance Broker, Insurance Contracts, Insurance Decisions, Insurance Intermediaries, Insurer, Legal Obligation, Necessary Material, Premiums, Semantics No Comments »