When To Prepare For Selling A Business
A Succession Plan Although hard to imagine, someday you’ll want to, or need to, sell your business; maybe lack of interest or energy, age or unexpected failing health. You should start thinking about a sale from the day you incorporate. Having a succession plan is critical for an organized, orderly, successful sale. It creates certainty and […]
Do I need a Business partner?
In our ASE Advisory meetings we often come across this comment from businesses we advice. “I need a partner”. Sometimes so frustrated is the client, that I believe they simply seek an accomplice they can blame. Other times the comment is valid. Work load excessive; Skill sets missing; such partners fill gaps in resources such […]
Considering your business exit strategy
Considering Your Business’ Exit Strategy Over time you have nurtured your business like a parent nurtures a baby. It is your life’s work and may even be your identity. How do you sell it and get others to see its value? This is a tough transition and sometimes a rude realization. Preparing to sell a […]
Value of seeking experienced mentors
Small Business and the 21st Century ……. business Face to Face Value of seeking experienced mentors There is an incredible paradox about the small business environment looking into 2020. In the past 20 years or so, much of the personal contact a business owner had with customers, suppliers or other businesses, has moved from ‘face to […]
Exit Strategy for small business (from ASE March Newsletter)
Planning an Exit Strategy for Your Small Business
When do you need ASE Advisory Services? (From our Nov 2018 Newsletter)
When does your business need help?
Financial Planning (from our August 2018 Newsletter)
Importance of being on top of your financial numbers
Do I really need a lawyer for a shareholder Agreement?
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] Shareholder Agreement My business partner and I have a shareholders’ agreement, found on the net. We are ready to sign… Should we get a lawyer? Answers from some of our board members…. ERIC: As a litigation lawyer, my take is: The rights and obligations spelled out in shareholder agreements, particularly […]
Pros and cons of running a business with your spouse/life partner
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] This is a recurring theme with many of our clients. Let us examine some of our discussions and advice. Here are some cons: Spouse if working elsewhere may be entitled to ‘benefits’ from their employment and thus add value to the bottom line for the family income. Group thinking – […]
Selling your business
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] Do you have a plan to sell your business? As stated in a recent article in the Toronto Star “An owner ought to be building it to be sold from the day a business is incorporated”. Planning for a sale should take at least 3 years of shaping the business […]