Do you think it might be time to end your current business partnership? In our last blog, we listed a few signs that may indicate the time has come for you to go solo. They included having different visions of…
Are you involved in a business partnership that isn’t exactly going the way you planned? There’s no question that you’re in a tough bind. You clearly set up an enterprise with someone you trusted. Now that things aren’t working out,…
If you started a business with a partner, but feel you’re on a path to go solo, the road may be a bit bumpy at first. Having that conversation about buying out a business partner’s share of the company can…
You’ve come a long way as a business owner who is part of a partnership. But now, you’re thinking it’s time for a change. How do you go about transitioning your brand into a sole proprietorship? Buying out a business…
With 2024 set to start in less than a week, many business owners across Canada are considering ways to take their companies to new heights. We do this every year, don’t we? We assess the year that was and consider…
Have you had a falling out with a business partner? Are you considering moving forward with your company on your own? Buying out a business partner can be quite the challenge. It often involves complex negotiations and financial considerations, not…
Buying out a business partner can be a complex and emotionally charged process. It can be akin to navigating a maze with high stakes. You can be driven by differences in vision. Perhaps, you have a desire for greater control.…
In our last blog, we discussed some of the important steps that entrepreneurs can take when trying to forge new business partnerships. They included finding someone like-minded, ensuring that each person brings something unique to the table and being clear…
On the Synergy Merchants Blog, we often highlight the various difficulties endured by Canadian business owners who attempt to secure business loans from their banks. Of note is the fact that bad credit histories, a lack of collateral and insufficient…
Did you start your business with a partner who no longer wishes to run the business with you? Are you putting in all the work while your business partner slacks off? Have you come to a disagreement with your business…