Business For Sale Toronto

Thursday, May 28, 2009

Selling a Business in Toronto

As a business broker in Toronto, I constantly receive phone calls and email form business owners looking into selling their businesses. Unfortunately, a large number of business owners have a misconception about the reasons why they should sell their Toronto businesses. There is a common belief that you only sell a business when you don't make money or when something is fundamentally wrong with the business. This can not be further from the truth.

Become a Business Broker in Ontario

In my recent post about business brokers regulations in Ontario, Canada, I outlined some regulations in the Real Estate and Business Brokers Act (REBBA 2002) requiring that business brokers (individuals or companies involved in the purchase and sale of businesses) be registered with RECO (Real Estate Council of Ontario).

New Companies for sale in GTA

We have added some very interesting businesses for sale to our website. We have noticed that business owners now understand that given the current economic conditions, they have to be realistic about their asking price if they are serious about selling their business.

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.