Control and Compound with Darren Mitchell20 Apr

The Harsh Truth About Selling Your Business in Canada

REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration

There's a massive shift happening in Canada right now — and most business owners aren't ready for it.

Over the next decade, the majority of privately held businesses will change hands. But here's the problem…

Most owners:

Aren't structured properly
Don't qualify for major tax advantages
And are WAY too dependent on themselves

Which means when it comes time to sell…

👉 valuations drop
👉 deals fall apart
👉 and hundreds of thousands (or millions) are lost

In this episode, we break down:

The coming business exit wave
Why your business might be worth less than you think
The $1.25M tax-free opportunity most owners miss
How to structure your business properly
What buyers ACTUALLY look for
And what your life looks like AFTER the sale

If you're a business owner — this is not optional knowledge.

Show notes:

00:00 - The Massive Business Shift in Canada

03:13 - Why Your Business May Be Worth Less

05:13 - The $1.25M Tax-Free Opportunity

07:21 - Why Most Owners Don't Qualify

08:00 - Holding Companies Explained

08:41 - Family Trusts & Estate Freeze

11:09 - Owner Dependency Problem

14:41 - The 3 Types of Businesses

16:23 - What Happens After You Sell

18:30 - Planning Ahead with Capital

20:09 - Life After the Exit

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(269)

Canada's $50 Billion EV Gamble: What Happens Now?

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Canada set out to become an electric vehicle superpower. Governments backed the str...

20 Jul 25min

If You Died Tomorrow... Would Your Family Know What to Do?

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Most people think their family knows where everything is. The reality? They usua...

13 Jul 27min

Entrepreneurship, Resilience & Building a Global Company with Travis McDonough

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay What does it really take to build a global company from Atlantic Canada? In this ...

9 Jul 42min

The Hidden Crisis Facing Canada's Economy

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay Canada has a problem... and it's bigger than inflation. On this month's economic upda...

6 Jul 42min

The Retirement Trap: Why the Retirement Plan Canadians Were Sold Is Breaking

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay For decades, Canadians were told retirement was simple: ✔ Pay off your mortgage ✔...

29 Jun 25min

How John D. Rockefeller Built and Preserved Generational Wealth

https://hub.controlandcompound.com/business-masterclass-webinar-replay John D. Rockefeller didn't just build one of the largest fortunes in history – he built a system that allowed his wealth to las...

22 Jun 19min

Your Business Is Growing… So Why Are You More Stressed?

https://hub.controlandcompound.com/business-masterclass-webinar-replay Many entrepreneurs start their business believing success will eventually create freedom. But for a lot of business owners, the...

15 Jun 34min

The Biggest Money Mistake Most Canadians Make | Why Banks Always Win

https://hub.controlandcompound.com/business-masterclass-webinar-replay What if you woke up on a desert island with 100 other people and had to rebuild an economy from scratch? In this episode of C...

8 Jun 22min