Saturday, March 21, 2009

Business for Sale in the Greater Toronto Area

We have created a new website for business for sale listings in the GTA. Business listings are ranked from the lower to the higher priced. A small summery describing the listings is on the right. The website also clarifies some myths about how to sell or buy a business in Toronto GTA.
While the website is a company website with the aim to attract potential business buyers and sellers to our business brokerage services, it also offers valuable advice to business sellers who want to sell their businesses on their own. Generally this is not a wise decision to make but in some special circumstances when the value of the business is too low, when the seller has a lot of time available to dedicate the the sale of his business and/or when confidentiality is not an issue when in the sale of a business.

Business buyers will also find valuable advice on the business purchase process. It is clearly explained that buying a business in a extremely complicated task that has to be taken very seriously to be successful. The odds are generally against business buyers since only one out of ten potential buyers end-up buying a business. reason for these unfavorable statistics include buyers lacking basic knowledge about the business purchase process, buyers not emotionally ready to buy, buyers with insufficient funds to finance the acquisition, the low number of business listings compared to the number of potential buyer etc.

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