3 Common Business Valuation Methods
If you watch a television show like La Voix, Révolution or Canada’s Got Talent, it may seem that the judges’ evaluations are arbitrary and subject to interpretation that our untrained eyes don’t understand. How do these judges reach their results? What methods or factors do they consider? In the world of business valuation, understanding the results […]
Buying, Selling and Fairness in Determining Working Capital
Agreeing upon a figure for working capital is one of the trickiest parts of negotiating in certain business transactions. Not only are the numbers constantly changing, this figure can be – and often is – the subject of many post-transaction disputes and litigation. It can be challenging to clearly define – and agree upon – […]
The Impact of Revenue Recognition on M&A Transactions
Acquisitions are often priced based on earnings, which are directly impacted by revenues. During the course of financial due diligence for a potential acquisition, there are several considerations that merit close attention.
Build a Winning M&A Strategy With Clear Growth Objectives
Often, a company will decide to embark on a path of growth through acquisition. Nothing wrong with that—mergers and acquisitions (M&A) can be a sound way of achieving growth goals.
COVID-19 | Help For Restaurant Owners
On February 1, 2022, the Minister of Economy and Innovation and Minister responsible for Regional Economic Development, Mr. Pierre Fitzgibbon, confirmed that restaurateurs will continue to be eligible for the AERAM program, notably through a loan forgiveness under the PAUPME.
COVID-19 | Repayment Deadline for CEBA Loans Extended
On January 12, 2022, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced that the repayment deadline for CEBA loans to qualify for partial loan forgiveness is being extended from December 31, 2022 to December 31, 2023 for all eligible borrowers in good standing.
COVID-19 | Local Lockdown Program
On December 16, 2021, Bill C-2 was enacted and introduced the Local Lockdown Program which provides support to organizations subject to a public health restriction order. On December 22, 2021, Prime Minister Justin Trudeau extended the eligibility for this program. Here are the highlights.
COVID-19 | Hard-Hit Industries To Receive Government Help
On December 16 2021, Bill C-2 was enacted. This bill introduces two programs to support the Hospitality & Tourism industry as well as other hard-hit organizations. It also extends the Canada Recovery Hiring Program. Here are the highlights.
Help Is On The Way for Hospitality & Tourism and Other Industries
On October 21st, 2021, the Federal Government announced new programs to support the Hospitality & Tourism industry as well as other hard-hit organizations during the COVID pandemic. Here is what we know so far : INTRODUCTION OF THE TOURISM AND HOSPITALITY RECOVERY PROGRAM (THRP) Targeted organizations Organizations in selected sectors of the hospitality & tourism […]
Analyzing a Target’s Customer Base: A Vital Step in the Due Diligence Process – Part 1
Revenue and value are of paramount importance to successful business owners, as well as potential acquirers of companies. However, without a strong customer base, target companies would be incapable of generating revenue or driving value as desired. Fortunately, by analyzing the target’s customer base, potential buyers can account for post-transaction risks or customer exposure in […]