If you are buying a business, due diligence is your opportunity to look under the hood before you commit. If you are selling, it is the buyer’s opportunity to do exactly that, which means you should ideally have looked under the hood yourself first. Due diligence can seem overwhelming, particularly when the first request for […]
Archive | buying business
Cash-Free / Debt-Free Explained: What Quebec Business Owners Need to Know Before Selling
buying business Letter of intent sale of business
If you’re an entrepreneur thinking about selling your business in Quebec, you’ll almost certainly hear the phrase “cash-free / debt-free” at some point in the deal process. It sounds technical, but the idea is actually straightforward once you break it down. Understanding it early can help you avoid surprises on price and protect the value […]
Buying a Business: What Is the Purpose of a Letter of Intent?
buying business Letter of intent sale of business
The letter of intent is a highly useful tool for structuring a transaction from the outset. It shows the buyer’s seriousness, brings clarity to the negotiation process, and protects the interests of both parties
Starting a business in Canada? File your investment notification.
buying business canada foreign Investment Canada Act investment notification Uncategorized
Investment notification under the Investment Canada Act If you are not a Canadian citizen and you are planning on doing business in Canada, you will need to fulfill several legal requirements (we have already addressed the obligation to register your business). Less known is the obligation to notify the Canadian authorities each and every time you start a new […]
Business for sale: look under the hood first!
business buying business due diligence sale of business
Instead of launching a new business from scratch, many entrepreneurs prefer buying one already in existence. Whether it be purchasing a corporation’s shares or buying the bulk of its assets, it is essential that such an important investment be preceded by a thorough review of the target business. In other words, just as you wouldn’t […]