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The Desk of BizON

This blog is dedicated to small businesses, entrepreneurs and anyone looking to buy, sell & grow businesses or franchises.

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The BizON Blog Crew

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5 Tips When Hiring Millennials

When recruiting in today’s workforce, it is important to keep in mind the different trends amongst millennials. If you are in the business of recruiting, chances are you are hiring a millennial. We’ve all heard the stereotypes, however, the fact is millennials are changing the workforce culture, and employers need to recognize this and adapt. In fact, millennials make up the largest segment in the workplace, with the percentage increasing. Continue reading “5 Tips When Hiring Millennials”

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3 Reasons Buying a Franchise Might Be Better Than Starting Your Own Business

Franchises are systems that have been tested and refined and tested again. And gaining access to that system gives you, as a franchisee, the ability to start faster, reduce your initial investment, and avoid mistakes. Continue reading “3 Reasons Buying a Franchise Might Be Better Than Starting Your Own Business”

Transition planning considerations for franchise owners

(3 min read)

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Just like other successful business owners, franchise owners need to plan for the eventual transition of their franchise business. As with business owners, advance planning for this helps to maximize the transition value of the business, minimize future taxes, and secure preparation for both expected options and unexpected events such as the sudden disability or death of a franchisee. Continue reading “Transition planning considerations for franchise owners”

The Key Ingredients for Succession Success

( 2min read)

“Vision without execution is hallucination.” Thomas A. Edison

85% of family businesses that fail in transition do so because of poor communication and insufficient preparation. That’s why, every day, we work with family business owners to ensure they’re having the key conversations needed to plan for the future. Continue reading “The Key Ingredients for Succession Success”

How to Improve Your Profit with Intangible Assets

It is commonly accepted that banks can’t finance small to medium-sized enterprises (SMEs) these days.

Many SMEs lack the traditional collateral grade assets and/or reliable cash flow that banks need to write a commercial loan or extend a working line of credit. Continue reading “How to Improve Your Profit with Intangible Assets”

5 Ways to Profit from Brand Assets

A key question for many business leaders today is, “How do I manage to keep my existing clients while attracting new customers?” Building and sustaining a unique corporate brand is one of the tools that will allow you to do that. Continue reading “5 Ways to Profit from Brand Assets”

Former Tim Hortons Franchisee Talks Inclusion, Real Jobs & Real Pay.

Canada’s largest minority group is people who have a disability. The disability community makes up over 15% of Canada’s population or looking at it from a different point of view, the entire population of Manitoba, Saskatchewan and Alberta combined. Few Canadians are aware of this, most believe the disability community to be much smaller.

Continue reading “Former Tim Hortons Franchisee Talks Inclusion, Real Jobs & Real Pay.”

Buying a Business in Europe & Bringing it to Canada!

Recently Nunzio and I had a presentation and was asked:

“If I bought a business in Europe, can I bring it to Canada?”

It peaked my interest and compelled me to share Continue reading “Buying a Business in Europe & Bringing it to Canada!”

Intangible Assets: Missing Hidden Value in Your Business?

If you’re in business today you’ll be faced with a conundrum: the financial statements of your company tell you that certain physical objects are the principal assets of your business; sadly that’s not what the market, or your gut, is telling you. Continue reading “Intangible Assets: Missing Hidden Value in Your Business?”

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