The Desk of BizON

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

7 Reasons Your Business Isn’t Worth What You Think It’s Worth

Think you know how much you could get for your business if you sold it? Think again. In my experience, business owners often get slapped with business valuations that are much lower than they think they deserve. Continue reading “7 Reasons Your Business Isn’t Worth What You Think It’s Worth”

We Have a Dirty, Scary Term. It’s Called…Succession Planning!

In a world where entrepreneurship is growing exponentially and more and more startups, small businesses and franchises are erecting, the discussion of succession planning is becoming more important than ever. Continue reading “We Have a Dirty, Scary Term. It’s Called…Succession Planning!”

Preparing for a Business Transition

Transitioning your business to a new owner is not always as easy as just handing over the keys. There are many things to consider, organize and prepare before making the transition – both emotionally & financially. Over the last 4 years of connecting buyers and sellers, I’ve noticed 2 things that are extremely  Continue reading “Preparing for a Business Transition”

BizSPOTLIGHT – Nobleton Optometry

We are very excited to share our next BizSPOTLIGHT with you all! As we always mention, at BizON we come across many terrific entrepreneurs daily and want to give them the recognition they deserve by putting the spotlight on them! Continue reading “BizSPOTLIGHT – Nobleton Optometry”

Overcoming Fear of Startup Failure!

On July 29th I participated in Startup Canada’s well known Twitter #StartupChat. This chat talked about overcoming fear of startup failure. Continue reading “Overcoming Fear of Startup Failure!”

Hockey Goalie’s Confessions: 3 Attributes I Have Brought to Business & Entrepreneurship

It is needless to say that as a boy growing up in Canada, I played hockey. And as previously mentioned, I went on to play as a semi-professional goaltender. Being a goalie taught me a ton of things that I have carried over to my everyday life and in business. Continue reading “Hockey Goalie’s Confessions: 3 Attributes I Have Brought to Business & Entrepreneurship”

The 3 Types of Business Buyers!

Buying an existing business or franchise can be one of the most challenging and rewarding experiences in your professional life. Preparing yourself both emotionally and financially for your purchase must happen long before finding that perfect opportunity. A few of the things we urge BizON buyers to think about is Continue reading “The 3 Types of Business Buyers!”

Buying a Small Business Overseas – 5 Tips for a Smooth Transaction

Interested in buying a business overseas? Whether you’re looking to expand into new markets or are just planning on funding your retirement plans outside the U.S. (or your country), there are a number of steps you should take to ensure your new venture goes smoothly. Continue reading “Buying a Small Business Overseas – 5 Tips for a Smooth Transaction”

How to Buy a Business

When most people think of starting a business, they think of beginning from scratch–developing your own ideas and building the company from the ground up. But starting from scratch presents some distinct disadvantages, including the difficulty of building a customer base, marketing the new business, hiring employees and establishing cash flow…all without a track record or reputation to go on. Continue reading “How to Buy a Business”

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