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.
The Evolution of ERP to Today’s Modern Business Systems
For many companies in the late 1990s and early 2000s, the implementation of an Enterprise Resource Planning (ERP) system promised greater efficiency and effectiveness for their operations under a single solution business system. Many managers hoped to achieve what the highly respected management consultant, author and educator Peter Drucker characterized as the “one management” business framework. As […]
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.
Is Your Enterprise Resource Planning Solution in Need of a Checkup?
In a perfect world, your enterprise resource planning (ERP) business process software system can help your companies deftly manage your operations, reporting, human resource, manufacturing and supply chain activities. However, as the needs of your business change, it may be time to take a hard look at your ERP solution to determine whether it is […]
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 […]
The Importance of Cash Flow Forecasting Resonates with Business Owners
Many business owners have found that forecasting cash flow has helped them anticipate potential shortfalls and plan accordingly to cover difficult periods. Cash flow forecasting, even in unusual times, offers your business several advantages. It enables you to avoid making rash decisions and protects your business over the long run. You can make informed business […]