Maximize the Value of Your Business
Advisor’s Edge Report By Mark Groulx – AIM Group Canada Ltd. There is a great deal of preparation required to maximize the valuation of a business that’s looking to be sold. First and foremost is to maximize the company’s EBITDA. Although most theoretical models of valuation are based on discounted future cash flows, in the […]
Preparing Your Business for Sale
Advisor’s Edge Report By Mark Groulx – AIM Group Canada Ltd. Wise entrepreneurs work not only to generate earnings for the current period but also to create equity in the business that will allow them to sell the business in future. Most businesses are sold for one of two reasons: Retirement (when the owner’s children […]
What’s the advisor’s role when a client sells their business?
Special to The Globe and Mail, September 23, 2024 By Mark Groulx – AIM Group Canada Ltd. Advisors often get to manage the proceeds when a client sells a business. With that in mind, it’s important to understand the process and provide guidance. Financial advisors are finding more clients are looking to sell their businesses as […]