Tag Archives: sell a business

Calculating Your Company’s Goodwill Value

What is the value of Goodwill? How to calculate the value of goodwill when selling a business? Could company Goodwill have no value at all or even a negative value?
This article tries to answer these questions while recognising that the accounting definition for the term Goodwill is certainly not very intuitive to most business owners contemplating the sale of their companies.

Selling a business in the Greater Toronto Area!

Toronto is a great place to sell a business. Generally, business prices are higher and businesses sell in shorter periods in Toronto. Unfortunately Toronto business owners who lack experience in selling businesses and who insist on going through it without professional help end-up leaving a lot of value on the table.

Selling a Business – Where to start?

Most business sellers don’t know where to start when they want to explore the idea of selling their business. In most cases this is a one time event that business owners are not prepared for. A variety of books have been written about the subject and can provide valuable information about the business sale process. Business owners are however very busy running their businesses. Purchasing and reading a specialized book is rarely the natural option.

As a first approach, we suggest that a business owner contemplates these questions:

  • Why would you sell your business?
  • Are there other options available?
  • What is your plan after