Reliant Commercial Inc. helps its clients sell their businesses. We are specialists in business sales and acquisitions.
In these strange times many of our clients’ remain open for business and operational and whilst some sellers have postponed their exit plans, others are pressing on. Serious buyers with funds remain in the market and our sale engagements are attracting a good level of interest and activity remains brisk.
We are a Vancouver based firm that assists business owners on how to best present their companies, in finding the right buyer, in negotiating terms of the sale and provide advice along the way. By leveraging our extensive partnerships and relationships cultivated over many years, we provide comprehensive knowledge and expertise to manage every aspect of the sale. We also provide access to all the related professional and financing services required to close a deal.
Proper planning and representation when exiting a business can deliver tremendous value and when selling your business, professional advice is certainly useful.
Which businesses will sell in 2021?
Businesses which sell typically have the same traits, they:
• Operate in a niche market with some barriers to entry.
• Have recurring revenue.
• Good profit margins.
• Demonstrate growth and also opportunities to expand.
Canada will see a major shift in business ownership in the coming years as the baby boomer generation moves to retire. Three out of five owners of Canadian medium-sized businesses are over 50 and many are thinking about selling. This year a trillion dollars of Canadian business assets could be transferred (Canadian Federation of Independent Business).
In order for your business to stand out in such a competitive market the benefits of professional representation should not be underestimated.
If you would like advice on your exit strategy or simply a sounding board for any decisions you are currently facing feel free to contact us.
Christopher Juras on 604.786.2046.