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Good idea, bad idea
17 July, 2017 by
Steve Harvey
| 1 Comment

Good Idea, Bad Idea When Buying or Selling a Business

When you’re selling or buying a business, there are good ideas and bad ideas.

Bad idea: Buying a business on a whim.

Good idea: Knowing exactly what you’re looking for. Buying a business may be the most important decision you’ll ever make. It’s a decision that will have a long-term impact on your lifestyle and your finances. Don’t be one of the people who buys a business that turns out to be wrong for them.

Bad idea: Selling your business without expert advice.

Good idea: Contacting an experienced business broker. Business Finders Canada has helped thousands of people throughout Western Canada buy and sell businesses.

Bad idea: Thinking the right buyer will just come along.

Good idea: Tapping into a stream of buyers. Business Finders Canada has a network of buyers who are financially approved and motivated to purchase the right business. We’re like real estate agents, but specialize in business and franchise opportunities. Matchmakers, in a sense.

Bad idea: Not having your business running in tip-top shape.

Good idea: Have a succession plan in place. When your business is running smoothly, the sale and transition will take less time and less money. An experienced business broker can help.

Bad idea: Letting everyone know you’re selling.

Good idea: Using a confidential business broker. Employees may get nervous if they learn that a business is for sale. Suppliers and creditors may also want to stop doing business with you if word gets out that you are selling.

For experienced advice, contact Business Finders Canada now at 1-888-377-8009.


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