Jim Nairn – Buying a Business in Canada
Welcome to Business Innovators Magazine! In today’s episode with Jim Nairn from Sunbelt Business Brokers, we delve into the crucial aspects of buying a business in the Canadian market. Jim shares invaluable insights about realistic financial planning, revealing that understanding your liquidity is key to affording a business. He also highlights common misconceptions surrounding passive income in business ownership and emphasizes the importance of considering additional costs like closing fees and operational expenses in your budget. Tune in to equip yourself with essential knowledge to navigate the complexities of buying a business successfully.
