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.
A pre-emptive offer arrives early with a premium price and a request to skip the auction. What it signals, and the considerations that decide whether to take it.
EBITDA, not revenue, is the yardstick buyers use first. The EBITDA thresholds that change who is bidding and how the multiple moves as a business crosses each one.