Karl wrote Selling Your Canadian Business: A Step-by-Step Guide to Maximizing Value and Securing Your Legacy because he saw too many business owners making preventable mistakes that cost them millions of dollars and years of regret.
Selling is an emotional journey as much as a financial one. How Canadian owners manage the stress and uncertainty of the process, and where to find support.
What gets added back to reach adjusted EBITDA, and why buyers and sellers routinely disagree on which adjustments are genuinely non-recurring in a Canadian sale.
The skills that build a business are not the skills that sell one. Why maximum price is not always the same thing as a successful sale, and what separates the two.
With 800,000 Canadian boomers set to retire by 2029, many without a successor, what a management buyout is and the key considerations that decide whether one succeeds.
A sample $15 million MBO financing structure, senior debt, seller debt, mezzanine and management equity, and why the capital stack decides whether the buyout works.