The Market in Calgary: Why Calgary's Population Boom Makes it the Perfect Time to Buy or Sell a Business
Published on September 3, 2024
by Commercial Ventures
In 2023 Calgary has seen a large influx in population growth. This growth is not just from foreign immigration, but mainly inter-provincially with the most popular migrants coming from Vancouver and Toronto. In 2023 Calgary grew by 6%, or 96,000 new citizens; this outpaces all other cities in Canada. So why is Calgary the most […]
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Navigating the Challenges: Common Pain Points When Selling Your Business
Published on August 6, 2024
by Commercial Ventures
Selling a business is a significant milestone for any business owner. It can be the peak years of hard work and dedication, but the process can also be challenging. Understanding the common pain points can help business owners prepare better and navigate the complexities of a sale. Here are some of the most common issues […]
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Getting Financing for the Purchase of a Business
Published on July 2, 2024
by Commercial Ventures
In most of the transactions we do here at Alberta Business Sales, there’s a bank involved. Financial Institutions such as ATB, RBC, BMO, and BDC are oftentimes integral in the ability to fund the purchase of a business. But when in a transaction is the right time to approach the bank? What documents will you […]
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Understanding the Role of a Business Broker: Insights from a New Broker
Published on June 7, 2024
by Commercial Ventures
Entering the realm of business brokerage has brought me face-to-face with a phrase that’s become almost a mantra: "What is a business broker?" As someone who's new to this field, I’ve come to realize that it's a role that's vital yet often misunderstood. Despite the common belief that owning a company guarantees an easy and […]
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Legacy & Leadership: Navigating Family Business Challenges & Benefits
Published on May 6, 2024
by Commercial Ventures
Working in a family business can be a rewarding yet complex experience, blending professional roles with personal relationships. From shared history and values to conflicting interests and dynamics, the challenges and benefits of family businesses create a distinctive work environment that requires careful navigation. Those that are involved in a family business need to be […]
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Your Baby is Ugly - 3 Reasons Why No One Wants to Buy Your Business
Published on April 2, 2024
by Commercial Ventures
Imagine the scenario: your friend proudly shares photo after photo of their newborn, convinced of their baby's unparalleled cuteness. Meanwhile, you're carefully navigating the fine line between honesty and tact, knowing that not every baby is universally adorable. Similarly, in the realm of business ownership, owners often harbor an unwavering belief in the value of […]
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Discover Vendor Take-Back: What Is It and Why Should You Consider It?
Published on February 22, 2024
by Commercial Ventures
Vendor Take-Back, also known as Vendor Financing or Seller Financing, is a key component in business acquisitions. It refers to a portion of the purchase price—typically around 10-25%—that's withheld at the time of closing. Instead of receiving this amount upfront, the seller extends a loan to the buyer, to be repaid over a period of […]
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Our Team Is Growing!
Published on January 16, 2020
by Commercial Ventures
We are excited to announce the additions of Laura Bechard and Rick Moore to our team! Laura and Rick both join Commercial Ventures as advisors, bringing a wealth of knowledge and experience with them. Laura is specialized in Family Succession, living through the experience herself she guides her clients with first-hand knowledge of the intricacies […]
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3 Things to Prepare Toward Selling Your Business
Published on July 24, 2018
by Commercial Ventures
In speaking with business owners of all shapes and sizes, one thing we hear often is “I don’t plan to sell for (__) years,” as they change the subject and carry on. It’s all too common that we hear of business owners avoiding the topic of selling until they are on the threshold of the […]
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Your Business; When is it Prepared to Sell?
Published on April 19, 2018
by Commercial Ventures
The golden question; “When CAN I sell my business!?” The answer can depend on a number of factors, three of them being: The State of your business The Owner’s Mindset A Purchasers Intentions Join us on May 1, 2018 from 12:00-1:00 to learn whether your business itself is a hot commodity or you are just […]
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Welcome
Published on March 7, 2018
by Commercial Ventures
Welcome, welcome to the new Commercial Ventures Website! 2018 is a new beginning for us and we’re excited you’ve popped by for a visit. Our pillars are education and collaboration. Education for the business owner and Collaboration of all the parties involved. One doesn’t arrive at the decision to sell their business overnight. A well-prepared […]
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