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.
Why a known vulnerability, no succession plan for the founder or key executives, so often goes unaddressed until a crisis forces the issue, and who actually needs a plan.
What a closing statement covers, purchase price, proceeds, debt-like items and working capital, and why sellers who focus only on the P&L miss what buyers scrutinize most.