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Income statement analysis

For a business owner, it is useful to know how to interpret the numbers in the various financial statements. These documents gather financial information available in a business. These financial statements are mostly produced annually. However, some businesses produce them on a monthly basis. When produced annually, it may be more difficult to analyze them in order to adjust the aim when something comes up. When produced on a regular basis, they can be analyzed to make decisions to [...]

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Determine the available income for child support payment purposes

At the time of divorce, things to think about for both parties are numerous. Determining the amount of alimony may be a source of conflict. To determine the amount for support purposes, we must initially determine the available income to be used to calculate the amount of support.  Thus, this calculation should be as accurate as possible. It can be alimony for child or spousal support or for both. In all cases, it is imperative that the result of [...]

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Balance sheet analysis

When valuating a business, the analysis of the financial statements helps to understand its evolution. To understand the financial performance of a business, access to up to date financial statements is useful. Financial statements are the consolidation of financial information of a business. To understand the various financial statements, it is important to know what is contained in them. In this article, we will discuss the balance sheet and key ratios that are important to know. Financial information is useful [...]

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Networking to achieve customer goals

As a Chartered Business Valuator (CBV), I work with several professionals such as lawyers, notaries, accountants, etc. In doing job, some of the professionals that I work with are often looking to learn more about current business transactions in order to find good opportunities to offer to their clients. Many even ask me to help them regarding the sale of the business for a client, finding a partner, financing or potential acquisition.  In fact, a good portion of my [...]

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The benefits of valuating a business before buying

Buying a business is an important transaction in an entrepreneur’s life. A commitment that needs to be calculated and planned. Acquiring a business raises many questions for an entrepreneur: What should my selection criteria be for a company? Which elements should be included in my offer to purchase? As a current business owner, will this new venture create synergies with the one I have? This is my first acquisition, what type of businesses do I have the greatest affinity [...]

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Selling a business

The benefits of valuating your business before selling

Selling a business is usually the most important transaction in a business owner’s life. Most business owners will only sell one business in their lifetime. For the vast majority, the value of the business is the main source if income for their retirement. This is why the transaction must be well planned and executed. A Chartered Business Valuator (CBV) can help the business owner get a clear picture of ​​the business’ value, as well as measures to be taken to [...]

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