Do we need a lawyer for buying or selling a business?
The Game-Changing Impact of a Business Attorney Are you steering a construction business ship, either looking to sell it or trying for the next big investment as a buyer? The burning question: do you really need a legal support in the form of an advocate or an attorney to help navigate the transaction? Let’s discuss […]
Why Is Working Capital Important In The Sale And Purchase Of Business?
Why Working Capital Matters In The Sale And Purchase Of Business? Are you a dedicated business owner eager to unlock the potential of your enterprise? Or are you looking to sell your business but in a dilemma regarding the working capital? Do you really need to include it or exclude it while transferring the business […]
How can you increase the value and sell your HVAC business?
You are perhaps reading this blog because you have done a great amount of hard work to build your HVAC business and are proud of your achievements. HVAC is one amongst the highly desirable businesses on the market in the construction industry. There is a common saying that “every business will sell someday, either you […]
How to Grow and Sell a Plumbing Business: Best Model & Structure
The construction industry is constantly growing and changing. With the competitive nature of the market and low barriers to entry, hundreds of new plumbing, HVAC, mechanical, electrical, or general contractor businesses are cropping up. There are also several mergers and acquisitions taking place every year in different areas and regions within Ontario and across Canada. […]
Questions to Ask the Business Seller Before Closing a Deal
Being a business owner is a big achievement and brings many entrepreneurs a sense of accomplishment. However, wanting to be a business owner does not always equate to wanting to start your own business from scratch. The uncertainties attached to starting a business from scratch do not always appeal to entrepreneurs. Instead, many business entrepreneurs […]
Eight Ways to Buy, Grow and Sell Roofing Business
The construction industry is one of the most competitive industries in the world, and you can see hundreds of new companies cropping up every year, as well as many mergers and acquisitions taking place. Be it HVAC businesses, plumbing businesses, general contractors, or roofing businesses, they all need to continue to evolve and grow to […]
Construction Companies for Sale in Canada, How many are there? Why Many of Them Do Not Sell?
The construction industry is constantly growing, with hundreds of new construction businesses opening every year and many already existing companies being bought and sold. In Canada, in particular, there is a lot of competition in the construction industry, and many of the construction companies that have been put up for sale do not successfully sell. […]
How to Buy a Failing Business and Make It Successful?
Introduction Buying and operating a business can be fairly rewarding but can be very risky as well, if you don’t do it right. As at N3 Business Advisors, we work primarily with Construction Companies, perhaps we can talk about the some of the experiences our past clients have had with buying, selling and turning around […]
What to Look for in Potential Buyers, when you want to sell a Construction Company?
Introduction Selling a Construction company can be a tricky business. Many risks are involved, and getting ahead in such a competitive market can be challenging. But if you’re looking to sell your construction company, instead of going out on your own, consider building a team of advisors lawyer, accountant, business appraiser, business broker, merger and […]
Should you go for a VTB or an earnout when selling or buying a construction business?
With the competitive nature of the construction industry and relatively low barriers to entry, there are always several new businesses cropping up in the industry and several mergers and acquisitions taking place. After all, mergers and acquisitions are one of the top ways for construction businesses to grow and expand. However, many problems can arise […]
