The Most Expensive Mistake Canadian Owners Make Before Selling
Selling a Canadian business is one of the most significant financial decisions an owner will ever make, yet many owners wait far too long to assemble the right advisory team. This podcast explores why preparation should begin well before a business goes to market and how the right specialists can protect value, strengthen negotiating leverage, and help owners avoid costly mistakes. You will learn which advisors should be part of a successful exit team, including an M&A advisor, transaction-focused lawyer, tax specialist, Quality of Earnings CPA, wealth advisor, and professionals who can help prepare the owner personally for life after the sale. The discussion also explains why general business experience is not always enough and why transaction-specific expertise matters when dealing with valuation, tax planning, due diligence, deal structure, and post-sale wealth. Most importantly, this podcast highlights the power of starting early. From preparing for potential Lifetime Capital Gains Exemption eligibility to cleaning up financials, building a strong data room, and creating competitive tension among buyers, decisions made 24 months before a sale can have a significant impact on the final outcome. Explore more insights, guides, and resources at redacted (redacted