As a business owner, knowing the value of your business is critical during key moments, whether you’re planning a major transaction, navigating a legal dispute, or exploring new strategic directions. A clear understanding of your business’s worth helps guide smarter, more confident decisions.
Read MoreWith tax season around the corner, the fear of a potential audit is creeping in for many business owners. That unease can be squashed with just a few steps designed to reduce the chances of being flagged by the CRA. One of those steps is ensuring that your tax return includes a completed Schedule 50.
Read MoreFinancial wellness can be a sensitive and uncomfortable discussion for many. Taking control of your finances can feel overwhelming and unattainable at times. Mowbrey Gil is here to help you navigate these waters with expert advice. Here are some simple steps that anyone can take to better understand and take control of their finances. Increase your knowledge of financial management Spend some time learning about debt management, budgeting, saving, investing or retirement planning. CPA Canada has resources available […]
Read MoreA valuation is often viewed as a number crunching exercise with readily available inputs and assumptions available, but it typically involves many subjective assessments, choices and assumptions that are prone to bias in a valuation. That is often driven by the underlying purpose for the valuation and if not managed properly, can give a result […]
Read MoreIn previous articles we discussed various liquidity alternatives and how to prepare for a liquidity event. This article focuses on one liquidity alternative, the divestiture, and discusses factors that are critical to making the process effective, ensuring optimal outcomes are achieved. An effective divestiture process needs to accomplish the following: Create competitive tension and incentivize […]
Read MoreOnce it is determined that an independent valuation is needed, business owners and legal advisors are often unsure what the deliverable should be to meet their needs. When a Chartered Business Valuator (CBV) is engaged to act as a valuation expert where there is an expectation of independence, the CBV typically provides an expert report […]
Read MoreIn my previous article that appeared in June’s edition of the Canadian Collaboration Newsletter, I discussed how best to prepare for a liquidity event. Proper preparation ensures a business is well positioned when encountering any unexpected events that may result in a liquidity event. It is recommended to give consideration to various liquidity alternatives in […]
Read MoreDeveloping an ESOP is new territory for both employer and employee. Many owners may already have a clear plan mapped out and have shared this plan with their employees, whilst others are less advanced in the ESOP process. It is important for the business valuator engaged in the ESOP process to determine which end of […]
Read MoreThe success of a liquidity event involving a privately-held business requires considerable preparation. Even in circumstances where a sale is not imminent, much can be done to improve the operational and financial performance of a business in order to ensure owners can capitalize on favourable market conditions and execute their liquidity option when the timing […]
Read MoreThe purchase or sale of a business can be the biggest financial transaction of an owner’s life, with plenty of items to consider along the way. From our experience of valuing thousands of companies and working on deals in a wide range of size and industry, we have prepared a list of pivotal items to […]
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