Latest / Selling Your Canadian Business
The Five-Year Fallacy
The five-year fallacy explores why Canadian business owners who choose to keep running their companies instead of selling today may be leaving millions of dollars on the table. Through a practical example of a manufacturing business owner considering a $8.8 million exit, this podcast challenges the common belief that holding on for five more years will automatically create greater wealth.
Discover the hidden financial factors that can make waiting to sell a costly decision, including the difference between EBITDA and actual cash flow, capital gains tax advantages, the Lifetime Capital Gains…
The skinny
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