Thinking about retiring and selling your business can be hard. There is a lot that goes into that process. There are logistic and legal aspects to consider. In addition, there are more personal and emotional aspects to consider like how to tell your employees of the change. If you need a little help figuring your way through the entire process, you should consider looking into sell side advisory.
If you are wondering, “How do I sell my business?” There are plenty of professional out there willing to help you do that. There are people who way to buy a business, and yours could be one of them. Continue Reading No Comments
Business owners face constant challenges while running a business. One important concern of any business is finding the right talent. There are times when talent is found that is from another country. One of the biggest hurdles in hiring Canadian employees is figuring out how to pay them. The different tax rules between countries, like the United States and Canada, can make it difficult to figure out what to do. However, payroll providers can help with the payroll needs of your business.
It is smart for a business owner to want to cut corners, whenever possible. However, trying to do your own payroll can lead to many headaches. You will take on extra responsibilities pertaining to counting up hours, calculating gross to net figures, handling payroll taxes, and filing business tax returns
There are a lot of reasons you’d need a good business valuation tool. Maybe you inherited a business and need to determine its value to pay taxes. Maybe you’re getting a divorce and need to determine the value of your business to divide your assets evenly. Maybe you’re going out of business and your assets will be used to settle your debts.
Each of these examples require a valuation that is basically a different view of the same business, and require a different business valuation method. In fact, the reason you need your business valuation tool dictates the method that the small business valuation tool should use to determine what your business is worth, and the method that is used to determin