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A Practical Way to Reduce Owner Dependence (Part 3/3)
In Parts 1 and 2, I covered how owner dependence shows up in a business and why owners often stay so involved. This part is focused on what you can actually do about it. These are steps I use in my own advisory work because they fit the constraints most owners deal with. They don’t require big hires, major restructuring, or a full management team. They focus on small, practical changes that create real movement. 1. Start with one area, not the entire business Trying to delega
Pratik Mehta
Dec 153 min read


Why Owners Struggle to Step Back (Part 2/3)
In Part 1, I covered how owner dependence shows up in a business and why buyers care. Most owners understand this in theory. The harder part is taking steps to reduce it. Not because they don’t want to, but because the obstacles feel real. After working with founders for years, these are the reasons that show up most often. 1. The cost feels too high Many owners assume reducing their involvement requires hiring senior people or building a full management layer. For a lot of b
Pratik Mehta
Dec 83 min read


Why Owner Dependence Hurts Your Business Valuation (Part 1/3)
This is the first blog post in my series on what really impacts your business valuation. A common issue I see in both growth work and sell-side advisory is owner dependence. Most owners don’t think they have it, but it shows up quickly once you look under the hood. I hear some version of this all the time: “I’m not that involved.” “I only work 20 to 30 hours a week.” “The team knows what to do.” And sometimes that’s true. But more often, once you start asking how decisions g
Pratik Mehta
Dec 13 min read


What Is a Quality of Earnings Report?
When a business is being sold, most owners and buyers focus on top-line numbers — revenue, profit, and EBITDA. But smart buyers go deeper. That’s where a quality of earnings report comes in. In this article, we’ll explain what a QoE report is, what goes into it, and why it has become a standard expectation in most business transactions. What Is a Quality of Earnings (QoE) Report? A quality of earnings report is an in-depth financial analysis that goes beyond surface-level
Pratik Mehta
Sep 233 min read


Financial Due Diligence for Business Acquisitions: What Every Buyer Needs to Know
Whether you're acquiring a wholesale business, a manufacturing company, or a professional services firm, financial due diligence is one...
Pratik Mehta
Sep 93 min read


5 Financial Red Flags That Scare Buyers (And How to Fix Them Before You Sell)
When it comes time to sell your business, the first impression buyers get isn’t from your office or logo — it’s from your...
Pratik Mehta
Aug 272 min read


How to Maximize Your Business Valuation Before a Sale
Thinking of selling your business? Whether you're planning your exit in a year or five, the steps you take now can significantly impact...
Pratik Mehta
Jul 293 min read


Book Value vs. Sale Price: Why Multiples and Rules of Thumb Can Mislead You
When it comes to business valuation , one of the most common misconceptions—especially among first-time buyers or sellers—is that a...
Pratik Mehta
Jul 154 min read


Thinking of Buying a Business? Here’s What First-Time Buyers Need to Know
Buying a business can be one of the most exciting—and intimidating—financial decisions you’ll ever make. If you're a first-time buyer,...
Pratik Mehta
Jul 13 min read


What Every Business Owner Should Look for in a Personal Tax Accountant
How the Right Tax Professional Can Help Your Business Thrive As a business owner, managing your taxes isn’t just a once-a-year task—it’s...
Pratik Mehta
Jun 173 min read


Avoid Costly Mistakes: Why Financial Due Diligence Matters More Than Ever in 2025
If you're thinking about buying or selling a small business, 2025 brings both opportunity and risk. The economic landscape is anything...
Pratik Mehta
Jun 33 min read


Acquisition Entrepreneurship 101: What First-Time Buyers Must Know
Why First-Time Acquisition Entrepreneurs Must Plan Carefully Before Buying a Business The surge in professionals leaving corporate jobs...
Pratik Mehta
May 203 min read


Small Business Valuation: A Simple Guide for First-Time Buyers
Thinking about buying a business for the first time? Whether you're looking at a local service company, a retail shop, or an online...
Pratik Mehta
May 64 min read


Want to Sell Your Business for More? Start With Better Financial Records
Why Financial Record Keeping Should Never Be an Afterthought Many business owners focus on sales, operations, and growth, often placing...
Pratik Mehta
Mar 253 min read


Financial Due Diligence: A Critical Step When Buying A Business
When contemplating a major purchase, we typically go through a series of checks and balances to ensure we’re getting a great quality...
Pratik Mehta
Jul 13, 20205 min read


Lifetime Capital Gains Exemption: Will I Be Able To Claim It?
Starting and growing a business requires years of hard work, time, and dedication. When you’re ready to exit or retire from your business...
Pratik Mehta
Jun 23, 20205 min read


Employee Or Independent Contractor: Which One Are You?
"Is my worker an employee or an independent contractor?" This is a common question that we often come across from our business clients...
Pratik Mehta
Jun 16, 20206 min read


Choosing The Right Structure For Your Business
Starting a new business can be exciting but it's filled with countless decisions and challenges that come along the way...
Pratik Mehta
Jun 8, 20203 min read


TFSA or RRSP - Which Account Is Right For Me?
One of the most common questions we get from our clients is whether they should contribute their money in a TFSA or RRSP account. The...
Pratik Mehta
May 29, 20205 min read
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