Category Archives: Ontario

Tax Implications of Selling a Business in Ontario, Canada

This post discusses how the sale of a business can be structured and the tax implications of each structure. In general terms, the sale of shares is very favorable to the Seller from a tax perspective but unfavorable to the buyer. On the contrary, asset sale will cost the seller large amounts of tax but will be good for the buyer over the long term.

Selling a business in a Small Ontario City Outside Toronto GTA

Selling a business in a city outside Toronto GTA is very challenging. It’s difficult to find the right buyer among a very small population. Business owners looking to sell their companies should spend extra effort to prepare their businesses for sale. Hiring a good business broker with the right Internet skills can certainly advertise the business to a much larger audience and increase the chances of success.