May 13, 2017 – Selling a company is the most popular exit strategy for business owners. These tips will help you get the best price when you decide to sell yours.

Jan 3, 2017 – If the business you are selling has a business number (BN), it is important to contact your tax services office, since you might have to cancel your BN . … If you realized taxable capital gains from the disposition of qualified farm property or qualified small business corporation shares, you may be eligible to …

Nov 24, 2017 – Because the process of selling or transferring a corporation can be complex, you may want to hire a lawyer and/or accountant to help you. Evaluating your business' worth. Finalizing the sale. Legal questions. Closing a sole-proprietorship or partnership. Dissolving a corporation. Inventory. Business number.

Jun 19, 2017 – More than three-quarters of smallbusiness owners are already planning ahead, according to a survey released in 2015 by the Canadian Federation of Independent Business. They anticipate parting with their companies by 2025, with 85 per cent of those surveyed citing retirement as the reason for selling.

Her stepfather and his tax advisors (who weren't cheap) missed a small detail, one that had happened two years before the sale. It caused the company to … Fortunately in Canada, the first $800,000 of profit from selling your business is tax-free, often referred to as the lifetime capital gains exemption. However, it's actually …

If you're the owner of a small business in Canada, your company is likely your most valuable asset. You may have dreams of selling the business one day and using the proceeds to travel or invest in another business. Or you may be considering selling part of your business to a partner to reduce the amount of time you have …

Entrepreneurs often wait until the last minute to make hard decisions about selling a business. A clear plan takes time to develop, but assures that you get full value for your company. Find out how to sell a business and lay the groundwork for a successful transition.