Business Grants Success Stories
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How the pros do it
Few owners can transfer their success in managing their business into success in selling it. A business in distress is especially hard to sell without competent advice. Wise sellers employ advisors to help them accomplish the following six steps in the sales process:
1. Appraisal of value.
2. Diagnostic exam.
3. Preparation for sale.
4. Merchandising the business.
5. Decision to sell by-owner or employ a business broker.
6. Analysis of purchase offers.
In conclusion, if this article makes you uncertain, please schedule a consultation with a seller-advocate who helps people make business decisions based upon a proven method.
Selling a business is risky and complicated without the knowledge and experience a qualified seller-advocate will supply. The good news is the sale of your business may be one of the happiest days of your life!
GRANT WATCH
Fraser Lodge on the Kedgwick in Edmunston, New Brunswick received a total of $648,000 for research and development. Since 1952, the Lodge has been offering the rustic pleasures of salmon fishing combined with fine dining and elegant accommodations. The remote location enhanced by upscale amenities is it's hallmark.
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Robeez Footwear of Burnaby, British Columbia has purchased a computer controlled-stitching system and trained operators for it with the help of $20,015 from Industry Canada. The company, with annual sales of more than $15 million, was launched 12 years ago, when Sandra Wilson handcrafted a pair of soft-soled leather shoes for her young son. Today, the company sells hoes in stores across North America, Europe, Australia and Asia.
A series of investments totalling $57,900 has helped establish Ruby Concrete Restoration of Saskatoon, Saskatchewan.
Eleven women entrepreneurs have graduated from the Managed Growth Strategy Program, a six month program designed to assist established women business owners to expand their companies. The Program was supported through the Atlantic Canada Opportunities Agency’s (ACOA) Women in Business Initiative.
Nicola MacNaughton, owner of Occupational Concepts, said that participating in the Managed Growth Strategy Program “supported and enhanced my skills as an entrepreneur. This program has been instrumental in formalizing my vision and setting a plan for action.”
Equipping women entrepreneurs with the skills to develop their own business plans is a unique feature of the Program. Rather than being reliant on hiring a consultant to come in and do it for them, these business owners now have the skills to identify areas of potential growth for their companies and adapt their business plans themselves as market conditions and other factors change.
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