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Media alert: The dos and don'ts of selling your business

April 15, 2008

News Releases

    New PROFIT/BMO Business Coach podcast episode released today

    TORONTO, April 15 /CNW/ - Perhaps the most important move any
entrepreneur can make is selling their business. Yet too many entrepreneurs
leave planning the sale of their business too late, leaving factors beyond
their control to determine the amount the receive for their company. Join
Profit Editor-in-Chief Ian Portsmouth and guest, Trevor Lwin, Managing
Director of Mid Market Investment Banking at BMO Bank of Montreal (Financial
Advisory Services) as they discuss:-   The valuation of small businesses on open markets
    -   How to avoid over-valuing a company
    -   Key factors that influence market value of small companies
    -   Third-party valuation and recommended frequency
    -   Where to go for a handle on similar company market values
    -   The biggest mistake entrepreneurs make when selling a businessRated as one of the top podcasts available for download during the run of
its first episode on Apple iTunes, the new Business Coach episodes offer new
insight and information in an updated format to help small business owners run
their business better. Since October of 2007 podcast episodes have been
regularly available on iTunes, as well as on bmo.com and PROFITguide.com.
Previous releases include: "Lessons from the Dragons' Den," "Building an
advisory board," "Family business," "Personal finance," "Better Workplaces,"
"Social Media," "Tax Planning," "Going Global," "Retire Rich," "Cash
Management," "Fortune Hunters," "Economic Outlook," and "Search Engine
Optimization."
    The Business Coach podcast is offered in both English and French, with
the English language interviews hosted by Ian Portsmouth and broadcaster André
Hains leading the Francophone episodes. The podcast is produced by PROFIT in
cooperation with BMO Bank of Montreal.

    About PROFIT Magazine

    PROFIT: Your Guide to Business Success offers news, strategies, tips,
interviews and other resources to entrepreneurs leading Canada's
fastest-growing companies. Each year PROFIT - which currently reaches more
than 300,000 readers nationally - hosts a number of events that bring together
business leaders in the fast-growth segment and champions the interests of
those leaders. PROFIT was founded in April 1982 as Canada's first national
magazine geared to entrepreneurs. Visit PROFITguide.com.