The place to go to buy or sell a business

An affiliate of Sunbelt Business Brokers BC (West Coast) Inc.
The place to go to buy or sell a business!

Tuesday, May 18, 2010

For Sale By Owner?

You’ve made the decision. You want to sell your business. Perhaps you are seeking a change in career or you’ve done your time and the golfing greens are calling your name. For whatever the reason, your business is up for a transfer in ownership and you hope to find the right buyer who will recognize the value of your business. Where do you start? With the advent of several online marketplaces, sites where you can reach a large number of buyers, do you need the assistance of an expert or can you do it yourself? Professional Business Brokers, also called business transfer agents or intermediaries, assist business owners to sell their businesses by matching screened buyers and streamlining the selling process. Sounds easy? Perhaps, if you have the time and the skill. But, consider what an effective business broker does:

- Values the business utilizing multiple methodologies, providing the most probable selling price for the current market
- Presents to prospective buyers the true value of the business through “normalization” of financials
- Assists with “presale” preparations, helping owners best position their business for sale
- Markets the business using newspaper & internet advertising, internal buyer lists, targeted solicitations and web advertising
- Adds a layer of confidentiality by advertising the business for sale without disclosing its identity
- Screens and qualifies buyers and/or strategic partners, creatively structuring the deal
- Helps keep a complex process legal—business brokers have contracts such as Letters of Intent, NDAs (Non Disclosure Agreements) and can often reduce the owners’ legal fees
- Manages the progress of “due diligence” investigation with lawyers and accountants, pivotal to a successful closing
- Negotiates with buyers and closes the deal

Sunbelt provides outstanding resources, expertise and people who are dedicated to the success of its clients. You are welcome to visit www.sunbeltnetwork.com/vancouverisland or our local website www.bcbusinessbroker.ca, or call 250-751-7917 to learn more about what our business brokers can do for you.

Monday, May 10, 2010

Our New Website Has Been Launched!



BC Business Brokers is an innovative, professional brokerage firm that specializes in the sale, transfer or merger of businesses. With affiliations worldwide our reach is global, but our real strength is in knowing our local markets.

Whether you are looking to sell your business or interested in buying a business, we encourage you to have a look through our website to discover the types of service and benefits you can expect as a BC Business Brokers client.

Please feel free to have a look around our new website. You will find all the information related to selling or buying a business, useful links and company details. And check out our businesses for sale pages featuring a diverse range of listings and other exciting investment opportunities.

Thank you for your visit and we look forward to hearing from you soon,

The BC Business Brokers Management Team

Tuesday, May 4, 2010

Cowichan Valley Toasts A Passionate Wine Lover

After 25 years in retail, the new owner of Wine Kitz in Duncan is no stranger to the winemaking industry.  His love for winemaking began in 2002 sparking an entrepreneurial passion for high quality wines. “I knew I fit in well in this industry,” says Mr. Ron Tanguay, who previously owned and operated two restaurants in Cambridge, Ontario. Since the inception of Wine Kitz in 1959, the franchise has been the leader in the consumer winemaking industry and today is one the world’s largest and most respected winemaking retailers. And that’s what motivated Mr. Tanguay to seriously explore a career opportunity in something he loved: wine.