Many first-time entrepreneurs find themselves overwhelmed and under water – not financially, but emotionally – when it comes to selling their business. What should be a fruitful and exciting process, and completion of life-long work, often turns into an emotional mess.
Out of the blue, you are presented with an irresistible offer for your company. You hadn’t considered selling your prosperous business, until now, and you feel that you’re faced with two options: welcome the prospective buyer’s offer or walk away. What’s a business owner to do?
FL Fuller Landau explores how due diligence offers great value to both the buyer and seller in a business transaction.
As an entrepreneur, you want to maximize the time spent on growing your business, and either let someone else take care of the all the pesky tasks related to daily operations or at least, minimize the time you spend on them. There is a plethora of accounting solutions for you to choose from – here are 4 important considerations you should keep in mind, before making your final selection.
A family business or a family owned business may be defined as any business in which two or more family members are involved and the majority of ownership or control lies within a family (source: inc.com). 80% of all Canadian businesses are family-owned. But did you know that family businesses financially outperform non-family businesses? One…