The Covid-19 pandemic and the various measures imposed by the government to tackle it are on the lips of every entrepreneur in Quebec. To a greater or lesser extent, businesses are affected across the board. If you intend to sell your business in the short or medium term, you’re probably wondering how Covid-19 will affect the value of your business and whether or not you can sell it.

 

The impact of Covid-19 on the value of your business will depend on several factors, it’s expected to affect some sectors more than others. So we need to ask several questions about the likely appetite of Buyers in the market for businesses. Here’s an example of a question that can help determine how a business might position itself in today’s market: What is the company’s ability to return to pre-Covid levels of sales and profitability? The better the company can demonstrate its ability to come back fairly quickly, or even surpass its previous levels of profitability, the greater the interest of potential buyers. According to recent statistics, buyers are currently overbidding for these companies.

 

That being the case, it’s even more important to get professional advice and support for your sales process. As specialists in business sales, the Mergex team can assess whether or not the time is right to sell and decide on what strategies to adopt to ensure the transaction meets your expectations!

 

The Covid-19 pandemic and the various measures imposed by the government to tackle it are on the lips of every entrepreneur in Quebec. To a greater or lesser extent, businesses are affected across the board. If you intend to sell your business in the short or medium term, you’re probably wondering how Covid-19 will affect the value of your business and whether or not you can sell it.

 

The impact of Covid-19 on the value of your business will depend on several factors, it’s expected to affect some sectors more than others. So we need to ask several questions about the likely appetite of Buyers in the market for businesses. Here’s an example of a question that can help determine how a business might position itself in today’s market: What is the company’s ability to return to pre-Covid levels of sales and profitability? The better the company can demonstrate its ability to come back fairly quickly, or even surpass its previous levels of profitability, the greater the interest of potential buyers. According to recent statistics, buyers are currently overbidding for these companies.

 

That being the case, it’s even more important to get professional advice and support for your sales process. As specialists in business sales, the Mergex team can assess whether or not the time is right to sell and decide on what strategies to adopt to ensure the transaction meets your expectations!