Exiting a Business
Making a Smooth Exit
Exiting your business doesn’t necessarily mean an end to your company. You can sell your business, pass it to a family member, or take it public. And even if you’re faced with a worst-case scenario, a detailed succession plan can smooth the way for your exit—and the future of your company.
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Business Planning: Strategically Plan Your Exit
Your business plan is a valuable roadmap that guides you through start-up, and as your business grows and evolves. It can also be your guide as you exit. -
Import: How to Wind Down Your Business
Make sure you go through the right steps when winding down your import business. Here's what you'll need to know when exiting. -
Export: How to Wind Down Your Business
Make sure you go through the right steps when winding down your export business. Here's what you'll need to know when exiting. -
Market Research: Proving the Value of Your Company
If you’re planning to sell your business, you'll want the best price possible. Find out how to use market research to your advantage. -
Marketing: Getting the Most Value for Your Assets
At some point you might need to consider liquidating your business or inventory. Here are some strategies to get the most value for your assets. -
Your Online Business: Selling Your Website
You might have decided to exit your online business, but now what? Here's advice on how to sell your online business, or the domain name by itself. -
Financing: The Financial Implications of Exiting Your Business
Whether you’re selling your business, transferring it on to family or friends, or closing your business for good, consider these financial implications. -
Succession Planning: Drafting Your Regulatory Roadmap
When you buy, sell, pass on, or dissolve a business, there are a number of regulations that you need to be aware of. Here's what you need to know. -
Legal Requirements: Understanding the Legalities of Exiting
You need to be aware of the legal implications of exiting your business. Here's information on what to consider when relinquishing ownership. -
Tax Requirements: Closing Your Accounts When Exiting
If you close your business, it's important to understand your obligations to the federal and provincial tax agencies. Find what you need to know to be compliant. -
Operations Management: Exiting Your Business With a Plan
Exiting a business is not usually as simple as closing your doors. Here's guidance on how to write your operations plan around your exit plan. -
Human Resources: Managing HR When Exiting Your Business
When you exit your business, you need to be aware of and respect your employees’ rights. Find out what your obligations are to your staff.
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