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What is a letter of intent?

You're interested in buying a business and feel that you can start negotiations with the seller. However, certain preliminary steps often need to be taken to protect the rights of the parties involved in the transaction. The letter of intent is one of those steps.

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Salary or dividends: Which one is right for you?

As both the owner and an employee of your company, you look for the best strategy to withdraw funds from your business. You should know that the answer depends on your current situation and cash flow needs.

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Trust companies: A good solution or just costly?

Do you want to know if you should manage your investments personally or use a trust company? When is a trust company an essential, an asset or a costly option?

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Improve your entrepreneurial savvy through mentorship

Entrepreneurial savvy is not something you learn at school. Itís partly innate and partly acquired throughout your business life. Mentorship will help you improve your entrepreneurial savvy and increase your chances of business success.

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Who to transfer your business to and how

Transferring your business to a family member, key employee or outside buyer? The specifics of your action plan will depend on who your successor is. Follow these tips for transferring your business and check out our list of things to consider when selling.

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How to begin the business transfer process

Whether you're an entrepreneur thinking about passing on the torch or a successor, you have the same goal: transferring the business successfully so it can live on and grow. Make sure you have the help you need every step of the way.

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Acquiring a business: What financing package is best for you?

You are the architect of your business acquisition project, so it's up to you to draw up the plans. Preparing a good business plan is an objective way of ensuring that the many pieces are in place, including the financing.

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Why you should have a Facebook page

Facebook is the best form of social media for reaching the general public. Use it to attract new customers, build customer loyalty, inform your customers and promote and humanize your business.

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