Unraveling Business Goodwill: The Unseen Asset in Enterprises Introduction In the realm of business, there exists an intangible asset that can significantly impact a company's value and success - business goodwill . In this article, we delve into the concept of business goodwill, shedding light on what it is and why it plays a pivotal role in the corporate world. Understanding Business Goodwill Business goodwill is a non-material asset representing the intangible value of a company's reputation, brand, customer loyalty, and positive associations in the market. It's the essence of what make ..read more

What is M&A?   Introduction   Mergers and acquisitions (M&A) represent essential corporate activities that present an opportunity to reshape industries, transform companies, and drive economic growth. Keep reading to learn more about what M&A is, and to gain a better understanding of its concepts, processes, and significance. Understanding Mergers and Acquisitions   Mergers and acquisitions (M&A) refer to the consolidation of companies which can involve the combination of assets, resources, and operations. M&A can take various forms, including mergers, wher ..read more

What is a Business Worth? Approaches to Value (Introductory) Introduction When it comes to assessing the worth of a business, the process can be both intricate and multi-faceted. Understanding the value of a company is crucial for various purposes, such as mergers and acquisitions, investment decisions, or determining a fair selling price. Read on to learn more about some common approaches to value, including the benefits of utilizing a business broker, and some of the methods used to determine a business’s actual worth. Market-Based Approach The market-based approach, also known as the c ..read more

Myth or Fact? Read on to Learn More About Business Brokerages and the Common Myths Associate With Them Introduction When it comes to buying or selling a business, many entrepreneurs and business owners turn to business brokerages for assistance. However, misconceptions and myths surrounding these intermediaries can cloud perception, resulting in missed opportunities for those businesses. Read on to learn about some common myths associated with business brokerages and, in their debunking, learn about the valuable role a business broker plays in the business transaction process. Myth 1: Busin ..read more

Due diligence is a crucial part of buying and selling businesses, but what exactly is involved? In this article we’ll take a deep dive into the process, to help get you started. First things first, what exactly is due diligence? Simply put, it is a thorough review of a company’s financial records, legal issues and market positioning before the acquisition takes place. The process typically starts once the buyer has found a business that they’re interested in purchasing, but before any definitive purchase agreements are signed. This extensive research process helps to avoid any unpleasant sur ..read more

What is a Business Broker? At OConnor Business Brokers, our mantra is to connect buyers with sellers. This seems simple enough in concept, but there is so much more to being a business broker, and there are many who do not know what it is to be one. Keep reading to learn about what a business broker is, and see how one might be able to help you when the time comes to sell your business. So what is a Business Broker anyways?   A business broker is a trained intermediary who assists someone with buying or selling a business.   It is not required by law to utilize a business broker in ..read more

What is the MPNP? Are you considering immigrating to Canada, and would like to buy a business? Well, the MPNP program might be what you are looking for! The MPNP The Manitoba Provincial Nominee Program (MPNP) is the immigration program for the province of Manitoba, and it offers three streams, each with their respective pathways. For this blog, we are focusing specifically on the Business Investor Stream (BIS). So far this year, the province has received 13 applications for the BIS. As a qualified business investor and/or entrepreneur, the Business Investor Stream is for those with the ab ..read more

When it comes to business, the old adage that “cash is king” still holds true. If you are considering buying a business, do not make the misstep of paying more attention to its profit statement than its cash flow statement. Otherwise, you might make a mistake that you will soon regret because so-called “profitable businesses” go bankrupt every day. Why you ask? Because they did not have the cash flow needed to sustain their operations.  Here is why knowing a business’s cash flow is so important before purchasing it. Understanding What Cash Flow Is Before proceeding, let’s review wha ..read more

A Brief Guide Alphabet (Google’s parent company) had a market capitalization of less than $200 billion in 2005. This figure rose to about $274 billion in 2006, just a few months after acquiring mobile software developer Android for $50 million. Today, Android is the most popular mobile operating system, and Alphabet has a market capitalization of about $1.95 trillion.  Undoubtedly, Android has been instrumental in Alphabet’s growth. It is also one of the best examples of how a business can boost its value through strategic acquisitions. Here is a brief overview of how any business (inc ..read more

As a business owner, you work hard to start, establish and grow your business. However, there may be a time when it makes sense to consider selling your business and move on to other business opportunities. It would be best if you made several considerations before enlisting the services of a professional business broker to find a buyer for you. One of the essential aspects you should consider as you put your business up for sale is financial ratios. Financial ratios constitute crucial business data that will factor into the sale of any business. What are Financial Ratios, and Why Are Th ..read more