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.

When to Sell a Business

Finding the right time to sell your business can prove to be quite a challenge. The following article shows a number of signs that indicate that it might be time to move on.

A survey of business activity nationwide shows that many sellers are taking advantage of the window of opportunity offered by today's favorable marketplace. In this recent survey, almost one-third of business owners responded that they are considering the sale of their business. The first question one might ask, given the relatively healthy financial climate, is WHY? Selling when times are good? The answer, for many sellers, can be a resounding YES! Here are some of the reasons why, followed by tips for getting the process started.

The Buyers Are Out There: The current economic upturn has depended to a great extent on trimming the corporate fat. Executives and middle managers out of work--and determined not to be "downsized" by big business again--are eyeing the advantages of being in business for themselves. Since 1990, the percentage has steadily grown of those corporate executives who leave jobs in order to become independent business owners. It isn't just the money they are dreaming of--it's the desire for more control over their lives.