bc business broker

New platforms easier for investors to get data

itg2016-05-30T17:53:44-08:00May 30th, 2016|News & Updates|

“When worried investors ask the management of a privately held company how it’s doing financially, there’s often a scramble to provide them even the most rudimentary information. ‘We call it ‘interns and Excel’ – people will get on the phone and say, ‘I haven’t heard from you in three quarters,’ and they’ll send them a PDF or a Google spreadsheet,” said Raymond Luk, founder and chief executive officer of Hockeystick.co, a financial-technology startup that helps companies share financial and other relevant data with investors. ‘When you add it all up, there are hundreds of millions of dollars being discussed as if [...]

Deadline looms for businesses planning to sell

itg2016-05-20T19:14:08-08:00May 20th, 2016|News & Updates|

There is a feature in the new federal budget that has private business owners making the decision to sell their business. According to the budget, private businesses will pay more taxes on the sale of their business starting January 1st, 2017. According to The Globe and Mail, "tax experts say the move, which was intended to simplify the tax system, is inspiring some business owners readying for a sale to finally pull the trigger" to sell. Have you been thinking of selling your business? Maybe this is just the motivation you needed, and there really isn't that much time left until [...]

A new look for BCBusinessBrokers.ca.

itg2016-05-18T12:12:46-08:00May 18th, 2016|News & Updates|

As you can likely tell, things look a little bit different here at BCBusinessBroker.ca. This is thanks to the hard work from PrimalCommunications.com who have brought our website up to match the standard of website that you would expect from your business broker. This new site is easier to navigate, and will be updated frequently with new listings, and news to keep you well informed. Among the changes is our arrival on Facebook. You can now visit the BC Business Broker Facebook page, and leave your feedback, find ways to get in touch with us, and see what others have to [...]

Job seekers create their own jobs

itg2016-05-17T19:40:07-08:00May 17th, 2016|News & Updates|

Financial pundits confirm what BC Business Brokers is seeing in practice: the current decline in unemployment rates is partly a result of job seekers deciding to make their own jobs by purchasing an existing business. They are combining skills and experience gained in the workforce with savings and severance funds to invest in a solid future. Sunbelt BC Business Brokers (West Coast)'s Michael Naprawa particularly enjoys helping these clients find the perfect fit. He takes time to ask questions and listen: 'What are your strengths and weaknesses?' 'Do you want to be hands-on or just management?' 'What is your passion?' Prospective [...]