Finding the perfect business– or securing a qualified buyer for your business is all about having the right connections, maintaining relationships and providing synergistic ownership strategies. Effective business brokers, sometimes referred to as business intermediaries, can do just that. Sunbelt Business Brokers in Nanaimo serves buyers and sellers throughout Vancouver Island and interior BC, and most recently, has represented a publicly traded company in the sale of a Richmond-based meat producer.
For more on this story…http://sunbeltnanaimo.files.wordpress.com/2010/06/article-premium-brands-south-seas-nm-july-2010-edition.pdf
Showing posts with label bc businesses for sale. Show all posts
Showing posts with label bc businesses for sale. Show all posts
Thursday, June 17, 2010
Monday, June 7, 2010
HST - Preparing for July 1, 2010
Preparation is key to reaping rewards and avoiding pitfalls as the implementation of the harmonized sales tax (HST) in Ontario and British Columbia looms, according to a veteran tax expert.
"Worries are not non-extistent, but they are small compared to the relative benefits," said Peter Budreski, chartered accountant and consultant to small and mid-sized firms.
He said preparing for the transition will greatly reduce the pain of the change and position small and mid-sized firms to reap the rewards of HST.
For instance, businesses must make sure their tax software tools have been patched or updated to accommodate the HST, said Budreski. In Ontario for instance, the government has earmarked $400 million for accounting software replacement assistance to SMBs, he noted.
On July 1, 2010, the goods and services tax (GST) and the provincial sales tax (PST) will be merged into the HST in Ontario and BC.
The Ontario government claims the move will save businesses $500 million annually in compliance costs. When fully implemented, the HST will save $4.5 billion annually.
Budreski, who also helps owners of small and mid-sized companies set up their QuickBooks accounting software, said the transition will generally mean less cost and complication for many of these firms, although many consumers might cry foul.
"There will probably be a backlash from consumers who will feel they are going to be charged more taxes over a wider range of products," he said
Source: Article from http://www.itbusiness.ca/it/client/en/home/News.asp?id=56777
"Worries are not non-extistent, but they are small compared to the relative benefits," said Peter Budreski, chartered accountant and consultant to small and mid-sized firms.
He said preparing for the transition will greatly reduce the pain of the change and position small and mid-sized firms to reap the rewards of HST.
For instance, businesses must make sure their tax software tools have been patched or updated to accommodate the HST, said Budreski. In Ontario for instance, the government has earmarked $400 million for accounting software replacement assistance to SMBs, he noted.
On July 1, 2010, the goods and services tax (GST) and the provincial sales tax (PST) will be merged into the HST in Ontario and BC.
The Ontario government claims the move will save businesses $500 million annually in compliance costs. When fully implemented, the HST will save $4.5 billion annually.
Budreski, who also helps owners of small and mid-sized companies set up their QuickBooks accounting software, said the transition will generally mean less cost and complication for many of these firms, although many consumers might cry foul.
"There will probably be a backlash from consumers who will feel they are going to be charged more taxes over a wider range of products," he said
Source: Article from http://www.itbusiness.ca/it/client/en/home/News.asp?id=56777
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
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