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Buying a business can be one of the biggest financial decisions you ever make. You might like the business, trust the seller and believe the numbers look good, but that does not mean you should immediately sign the purchase agreement. This is where due diligence comes…
If you’ve found the right business to buy or finally received an offer from an interested buyer, the next step is often a Letter of Intent, commonly called an LOI. Many first time buyers think the LOI is simply paperwork before the lawyers get involved. In…
If you are thinking about buying a business, one of the first questions you may ask is: What are the most popular businesses to own? The answer depends on your goals. Some businesses generate high profit margins. Others produce strong cash flow and owner earnings….
Preparing Your Business for a High Value Exit Selling a business is one of the biggest financial milestones in an entrepreneur journey. Many owners assume they can simply post a listing whenever they feel ready to retire or try something new. However, walking away…
Every quarter, the BizBuySell Insight Report provides one of the best snapshots of the small business acquisition market in North America. While the report focuses on the United States, many of the same trends are relevant here in Canada because buyers, lenders, and…
Buying a business is one of the biggest financial decisions you’ll ever make. One question many buyers ask is whether they should purchase a franchise or an independent business. Both options can be excellent investments, but they come with different risks,…
When you are looking to buy, sell, or lease a commercial property, especially if you’re buying a business, on Vancouver Island, the excitement of a new venture can easily overshadow the complex world of municipal red tape. One of the most common surprises for…
If you’ve negotiated a great price to sell your business, the last thing you want is to see that number change right before closing. Yet that is exactly what can happen when a purchase agreement includes a working capital adjustment. Working capital adjustments…
One of the most common questions we hear from business buyers is: “Can I buy a business with no money down?” The short answer is yes, it is possible. The longer answer is that it is much more complicated than most people think. Many first time buyers come…
Food delivery apps changed the restaurant industry almost overnight. Suddenly, a small neighbourhood restaurant could appear beside national chains on a customer’s phone with no extra storefront, no delivery fleet, and very little setup. At first, it sounded like an…
When looking for a solid business opportunity, most people immediately think of big fast food chains. The idea of owning a restaurant sounds exciting, but the reality of running one is a whole different story. Recently, an interesting comparison surfaced online…
Finding premium commercial for industrial space on Vancouver Island has become one of the biggest headaches for local business owners. The reality of the local real estate market is incredibly tight, forcing many business operations to stall their expansion plans…
Buying a business can be one of the fastest ways to become an owner instead of starting from scratch. You skip a lot of the early uncertainty because there is already revenue, customers, equipment, systems, and hopefully a proven business model. But buying a business…
Thinking about buying a business outside your expertise? Learn the risks, what to watch for, and when it actually makes sense. This is one of those questions I get asked all the time, and it usually comes up when someone has found what looks like a really solid…
Buying a business? Learn why lease assignment and landlord approval can make or break your acquisition and how to avoid costly surprises. Buying a business can feel exciting. If you want a broader overview of the process, our step by step guide to buying a business is…
Discover how aging demographics across Vancouver Island are creating opportunities for service businesses in health, home support, transportation, maintenance, and more. Did You Know Half the People in Parksville Are 65 and Over? When people think about economic…
Learn what happens when someone breaks a non compete in Canada, including injunctions, damages, court action, and enforceability in business sales. Non compete agreements are one of the most misunderstood parts of business contracts. Many people assume that if someone…
What to Include in Your LOI When Buying or Selling a Business When buying or selling a business, one of the first major documents involved in the process is the Letter of Intent, commonly called an LOI. An LOI is essentially the roadmap for the deal before the final…
Starting a business is exciting, but it also comes with a lot of moving parts that can feel overwhelming at first. Most people jump in with a strong idea, but turning that idea into something real and profitable takes structure, planning, and consistency. The good…
Learn how Canadian business owners can sell to employees through an Employee Ownership Trust and access up to $10 million in capital gains relief. One really important thing that stands out from the recent federal government’s 2026 Spring Economic Update is the…
There is a big difference between using AI tools and actually being an AI first company. Most businesses today are still experimenting with automation or using AI for small tasks like writing, summaries, or customer replies. That is helpful, but it is not…