Last month, we published a blog post that discussed some of the most common external factors that motivate entrepreneurs to consider the option of selling a tech startup. But market factors are ultimately only one facet of a much larger picture. For most entrepreneurs, the decision to sell is a very personal one, based on ….
Posts By: Kelly Bird
Some might argue that the marijuana leaf is to Jamaica what the maple leaf is to Canada. Through centuries of history, cannabis has been woven into Jamaican culture. And since the plant was legalized for medical use in 2015, many Jamaican companies have been eagerly awaiting the opportunity to grow the business sector, including a ….
At Zeifmans, we strive to make a positive, everlasting impression with our clients, our employees, and our local community. That’s why we’re proud to support Jack.org, Canada’s only charity training and empowering young leaders to revolutionize mental health in every province and territory. We are pleased to share that on Thursday, July 25, 2019 Zeifmans ….
The Canadian cannabis industry has arrived at an impressive level of financial success following a sometimes rocky road to recreational legalization. In just a handful of years, we’ve seen the use of cannabis go from social taboo to widely accepted, and the cultivation and sale of the plant go from shady criminal pastime to one ….
In recent months, a number of tax and regulatory changes have taken place which impact the Canadian real estate market. Some of these changes have the potential to be highly beneficial to Canadians, others present challenges, and some simply require pause for consideration. As trusted business advisors, the team at Zeifmans remains continually informed so ….
To sell, or not to sell? It’s one of the most common debates we see here in our firm that happens to coincide with being an entrepreneur It’s part of the quintessential story arc of the entrepreneurship: Start, grow, sell. And it’s a lucrative prospect, particularly in Canada in 2019. There are several reasons why ….
Last year’s full legalization of cannabis in Canada opened the door for an already growing industry to gain further momentum. But the country’s cannabis producers have experienced challenges as the government continues to evolve the licensing process. Health Canada has stated the intention of encouraging both large and small cannabis producers, but many are criticizing ….
58% of business owners do not have a succession plan. Can you guess what the single biggest reason is for setting aside that task? 78% of respondents say that they’ve neglected developing a formal succession plan because they enjoy their work too much to think about retiring! It’s a heartening statistic, and a testament to ….
As part of the US’s 2017 Tax Reform Package, Rules were passed to preclude certain US partnerships from deducting all or a portion of their US interest expenses. Below we will outline a brief summary of these rules and will walk through a few strategies to avoid or mitigate the impact of these rules. The ….
With the arrival of cottage season in Canada, cottage owners often inquire about the transfer of the family cottage to the next generation. More than any other family asset, ownership of the family cottage is much discussed amongst families because it often holds significant sentimental value for both the owners and their children. More often ….