How can you find the right business broker to maximize the sale price of your business?
Posted on Aug 08, 2024
You founded and have been growing your business for many years now. After all the blood, sweat, and tears, you’ve reached your goal of getting to an EBITDA (earnings before interest, taxes, depreciation, and amortization, which is your total income minus your operating expenses) of $1,000,000 per year and are now reflecting on the opportunity to ca...
How can you find the right broker to sell your commercial real estate property?
Posted on Aug 07, 2024
You own a commercial real estate property in Toronto and are reflecting on your hold vs. sell options, and are mapping out what you’d ideally like to do if you were able to pull a significant amount of capital out of the sale of one (or more) of your commercial assets.
A key consideration at this juncture could be the following: is entrusting a comm...
Why locate your organization’s head office in Toronto?
Posted on Aug 06, 2024
Where your organization's head office is located constitutes a crucial strategic decision, and I’d encourage you to ask yourself the following questions:
- does the city you’ve considering as the location of your head office provide you with access to a skilled talent pool, close to top educational institutions?
- what are the real estate (lease vs...
How to sell your house (or condo) at the highest price
Posted on Aug 05, 2024
Before you decide to sell your property in Toronto, I suggest that you deeply reflect on the opportunity to hold onto the property for the long run. A pros and cons analysis can be conducted to ensure that proceeding with a sale is indeed the right path forward:
Pros:
- capital gain and financial flexibility: you may be able to generate a substantial...
What commercial real estate brokers may not be telling their seller clients…
Posted on Aug 02, 2024
Based on a number of recent transactions I’ve been privy to, I believe that it would be in the interest of commercial real estate property owners to be acutely aware of the duties that the broker representing them is required to be in compliance of:
- undivided loyalty: your best interests are promoted and protected by the brokerage and the broker rep...
Before listing for sale your commercial real estate property...
Posted on Aug 01, 2024
Before listing for sale your commercial real estate property, it would be wise to:
1. clearly understand the current performance of the asset type you hold (e.g. office buildings in Toronto) and the economic conditions faced by the buyers who will be targeted (capital markets, interest rates, economic growth forecast in the niche the buyer and curre...