What is Business Valuation?
Business valuation is the process of determining what a business is worth, and for most incorporated Canadian owners, the answer is both […]
What is Business Attractiveness?
Business attractiveness is how compelling a business looks to a buyer before they have examined the details, the combination of performance, growth […]
What is a Buy-Sell Agreement?
A buy-sell agreement is a legally binding contract between co-owners that governs what happens to a shareholder’s interest if they die, become […]
What is Business Succession Planning?
Business succession planning is the process of identifying who will lead and own a business after the current owner, and building the […]
What is Business Readiness?
Business readiness is the degree to which a company can operate, perform, and sustain its value through an ownership transition, independently of […]
What is Burn Rate?
Burn rate is the pace at which a business consumes cash, typically expressed as a monthly figure, and it determines how long […]
What is Budgeting and Forecasting?
Budgeting sets the financial plan for the year ahead; forecasting updates that plan as the year unfolds, and together they give a […]
What is Break-Even Analysis?
Break-even analysis identifies the exact level of revenue at which your business covers all its costs, the point where you stop losing […]
What is Board and Investor Reporting?
Board and investor reporting is the structured financial and operational information provided to directors and investors on a regular basis, giving them […]
What is a Business Credit Score?
A business credit score is a numerical rating of a company’s creditworthiness based on its payment history, debt levels, and financial behavior, […]
What is Bridge Financing?
Bridge financing is short-term funding used to cover a defined gap between now and a known future event, such as an asset […]
What is the Business Development Bank of Canada (BDC)?
The BDC is a federal Crown corporation that provides financing, advisory services, and venture capital to Canadian businesses, with a focus on […]