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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…
Deciding to close down your business is a major step for any entrepreneur. Whether you are retiring, moving on to a fresh venture, or simply wrapping up operations, wrapping things up properly is just as important as starting out. Simply turning off the lights and…
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…
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…
Selling a business is one of the most significant financial events of your life. If you are a business owner in Nanaimo, you might be wondering what your company is actually worth in today’s market. This curiosity often leads people to search for a business…
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…
For many years, business owners in the skilled trades focused on building a solid company, creating jobs, and serving their local communities. Whether it was an HVAC company, plumbing contractor, electrical business, or mechanical services firm, the traditional exit…
Buying or selling a gym, personal training studio, or fitness center requires a clear view of market values. The health and wellness industry in Canada continues to show strong activity as owners focus on community health. However, calculating the actual cash value of…
If you have been browsing business blogs, listening to entrepreneurship podcasts, or watching financial channels online, you have probably heard people rave about Small Business Administration (SBA) loans. Entrepreneurs in the United States rely heavily on these…
Starting a business has never been easier. Growing one into a profitable, sustainable company is a completely different story. Every year, thousands of Canadians launch new businesses with great ideas, plenty of enthusiasm, and big plans. Unfortunately, many of those…
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…
If you’ve been following local business news, you’ve probably heard that Firehouse Subs Nanaimo is finally becoming a reality. The popular sandwich chain has built a loyal following across Canada, and plenty of locals are excited to have another…
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…
Many business owners assume that if their corporation stops operating or stops making money, tax obligations simply disappear. Unfortunately, that is not how it works in Canada. Even if your corporation made no income or has become inactive, there are still filing…
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…
If you are buying a business, one of the first financial terms you will encounter is EBITDA. Soon after, you may also hear terms like Adjusted EBITDA and Seller’s Discretionary Earnings, commonly called SDE. These terms are closely related, but they are not exactly…
If you’ve ever been hit with a fraudulent chargeback, this story will make your blood boil. Imagine someone buying and returning the same anvil hundreds of times while the marketplace keeps approving it. It sounds unbelievable, but it highlights a much bigger…
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…