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.
Nine common reasons Canadian business sales fall apart before closing, from unqualified buyers and poor record-keeping to seller's remorse, and how to avoid each.
What to evaluate when choosing a broker, M&A advisor or investment bank to sell a Canadian business, including how their fee structures actually compare.
Eight financial levers that raise valuation at exit, from revenue growth and margin discipline to debt reduction and reducing owner dependence, pulled in the months before sale.
Seven considerations for a $1M-$3M EBITDA owner before selling, from setting realistic value expectations to the Quality of Earnings report buyers will demand.
If one change moves exit valuation more than any other, it is recurring revenue. Why predictable income reduces buyer-perceived risk and lifts the multiple they will pay.