Corporate Finance in Atlantic Canada

Commentary on corporate finance issues for small- & mid-market private companies in Atlantic Canada

Archive for August 2014

Bookmark bookstore sale

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http://thechronicleherald.ca/business/1229235-a-new-chapter-in-bookmark-s-story

The Jones family of Charlottetown have announced the sale of independent bookstore Bookmark Inc to Dan & Marlene MacDonald of Moncton.  Bookmark has operated stores in Charlottetown and Halifax for many years.

Written by Dan Jennings

August 13, 2014 at 7:27 pm

3 ideas for business owners if you want to retire on your own terms

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http://www.theglobeandmail.com/report-on-business/small-business/sb-managing/succession-planning/own-a-business-three-ideas-to-help-you-retire-on-your-own-terms/article19913718/

An interesting Globe article on some suggestions for planning for your exit from your company (“on your own terms”).

This opening statement is particularly true in my experience:

“If you’re like most small business owners, a significant portion of your retirement capital is tied up in a single asset: your business.”

Many of the items in this Globe article are common themes in this blog.

Written by Dan Jennings

August 12, 2014 at 10:43 am