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.
Eight financial gaps to fix 24 months before selling, from unorganized records and thin recurring revenue to owner dependence and unresolved tax liabilities.
As rising rates tighten buyer financing and pressure valuation, the signals that argue for selling now against the signals that argue for holding through the cycle.
Why sophisticated buyers look past EBITDA to return on invested capital. How two businesses with identical earnings can create very different amounts of value.
Buyers negotiate acquisitions continuously; a seller does it once. The eight negotiation strategies that determine the outcome of a Canadian business sale.
Why leverage shifts from seller to buyer the moment you sign an LOI, and the factors, from unprepared data rooms to third-party consents, that delay or derail closing.