Whether it’s the TMX takeover, ING selling its Canadian banking arm, or advisor teams moving over to Macquarie, M&As seem to be on the rise in the financial industry. In fact, of late they’re a weekly occurrence.
But M&As aren’t limited to just financial services. News of Lowe’s bid for Rona and Google buying Frommer’s are also making headlines.
Despite the industry, what all M&As have in common is the opportunity for growth through the sale or purchase of a company.
And for advisors, it’s your job to ensure business owner clients are prepared should an opportunity ever present itself.
So whether it’s an overdue succession plan they need help with, or they’re looking for capital to grow, here are some articles to help.
Buying
5 pointers for business buyers
Employees can buy out the boss
Buying buildings for cash flow
Selling
Selling your book? Get the right price
Clients selling their companies?
Never too early for succession plans: BMO
Plan your succession before your next vacation