Canadian business owners sell once, and most do it without preparation. Owners lose value. Advisers watch engagements stall. Acquirers lose deals to delays, re-pricing and collapsed processes. Is everyone you work with ready?
Many Canadian business owners expect to sell or transfer their businesses in the next decade. In the third quarter of 2026, Statistics Canada reported that 20.3 per cent of Canadian businesses intend to sell or transfer ownership within ten years. For acquirers, that is a deep pipeline of potential targets. The constraint is not supply. It is owners who are ready.
According to recent industry studies, In a 2023 survey, CFIB found that 9 per cent of small business owners have a formal succession plan. The average business owner sells once in their lifetime, while buyers and their advisors do this professionally, multiple times per year. This information asymmetry leads to:
The owners you serve or hope to acquire need expert guidance. More than that, they need education before they engage professionals, so they understand the process, ask the right questions and make informed decisions.
Sources: PwC Canada, Bennett Jones, Fasken, Statistics Canada
Sources: PwC Canada, Bennett Jones, Fasken, Statistics Canada

Written by Karl Sigerist, an active M&A advisor with more than 30 years of experience executing middle-market transactions, Selling Your Canadian Business is the only comprehensive guide specifically designed for Canadian business owners.
Unlike generic or U.S. focused M&A books, this guide addresses the unique aspects of the Canadian market:
Better clients, better outcomes; Between 2025 and 2035, Canadian business owners born before 1980 will transition out of their businesses in unprecedented numbers. According to Statistics Canada, estimated 90,000-110,000 businesses.
This represents the single largest intergenerational wealth transfer in Canadian history and your clients are at the centre of it. Understanding the business selling process is crucial during this time, especially for those involved in business valuation, as it will impact their financial future.
Maximize value and minimize regrets. This is likely the most important financial transaction of your life. Are you prepared for the valuation that lies ahead?
The owner across the table has one chance at this. If they are unprepared, you inherit the delays, the re-pricing conversations and the mistrust. If they are prepared, you start from a better place: a shared vocabulary, realistic expectations and a clear view of how you operate.
Selling Your Canadian Business gives Canadian owners the preparation framework before they meet you. Chapters 7 to 10 explain buyer motivations, including how strategic and financial buyers differ, how expressions of interest and letters of intent are evaluated and what due diligence demands.
Rising tide lifts all boats; According to recent industry studies, 70% of Canadian business owners have no formal exit plan. The average business owner sells their business only once in their lifetime, while buyers and their advisors navigate the business selling process multiple times per year.
Buyers and their advisers also navigate the selling process multiple times a year. When owners are unprepared, acquirers absorb the cost too, in time, fees and lost deals.
This information asymmetry leads to: 15-30% of value left on the table due to poor preparation, missed tax optimization opportunities worth up to $1,275,000 per shareholder, failed transactions after significant professional fees are invested, post-sale regret and emotional distress, and extended timelines that disrupt businesses and families.
Your clients need expert guidance in understanding business valuation as well.
More than that, they require education before they engage professionals, so they understand the process, ask the right questions, and make informed decisions.
Chapters 1 to 6: Learn why timing matters, how to optimize tax structures, prepare financial statements, build strong management teams and create organized data rooms. Understand the complete M&A process before entering the market.
Key topics:
Chapters 7 to 10: Navigate the complexities of marketing, managing confidentiality, understanding buyer motivations, evaluating offers and surviving due diligence without disrupting operations.
Key topics:
Chapters 11-12: Master final negotiations, understand closing mechanics, manage the transition period, and plan for life after the sale including legacy, identity, and purpose.
Key topics:
Your Clients. Your Practice. the Ecosystem.
How your clients benefit:
How your practice benefits:
Typical revenue opportunities:
How your clients benefit:
How your practice benefits:
Typical opportunities:
How your clients benefit:
How your practice benefits:
Typical opportunities:
How the owners you approach benefit:
How your firm benefits:
Typical uses:
The book explains Investment Canada Act requirements and PIPEDA privacy considerations in plain language. Canadian owners who understand them raise fewer surprises when you do.
How your clients benefit:
How your practice benefits:
Typical use cases:
How the owners you approach benefit:
How your firm benefits:
Typical uses:
How your clients benefit:
How your practice benefits:
Typical AUM opportunities:
Average business sale in target range: $15-30M Typical wealth advisor capture rate: 70-90% Average new AUM per client exit: $10-25M Management fee at 1%: $100-250K annually 10-year client value: $1-2.5M

Become a featured guest expert in Selling Your Canadian Business: A Step-by-Step Guide to Maximizing Value and Securing Your Legacy , an interview series hosted by David Prowse, CPA, CA, CVA, CEPA, CM&AA, and based on the book Selling Your Canadain Business
Each episode features a one-on-one conversation with a single subject-matter expert from a distinct professional discipline -- wealth management, accounting, law, M&A advisory, operations or executive coaching. Episodes are distributed and promoted jointly to an audience of Canadian business owners.

Acquirers of Canadian businesses: share the patterns you see across your portfolio. In a 30 to 45 minute one-on-one episode hosted by Shivani Patel, you explain what separates ready sellers from unready ones.
Guests speak from patterns across acquisitions, not details of specific deals. Episodes reach Canadian owners exploring a sale privately.

If you create content for Canadian business owners, through a blog, newsletter, podcast, YouTube channel, or social media presence, you can earn commissions by recommending Selling Your Canadian Business through the Amazon Associates affiliate program

If you work with Canadian business owners, If you work with Canadian business owners or want to acquire their businesses, whether as an accountant, lawyer, wealth adviser, business coach, professional association, strategic acquirer or investment firm, you can purchase Selling Your Canadian Business at wholesale pricing through our reseller program.

Move beyond gifting books to building deeper collaboration.
Co-brand your presence, host joint educational events and formalize referral arrangements that benefit both the owners you serve and your practice or acquisition program

Make Exit Planning a Core Service Offering.
With dedicated partnership management, quarterly co-hosted events, custom content development, and formal SLA-backed referral protocols, we become an extension of your client service team.

Fully customized partnership programs for major institutions.
We work with major accounting firms, law firms, wealth management platforms, banking institutions, corporate development teams, private equity firms and family offices to develop customized partnership programs that align with your goals, audience and brand..
Selling Your Canadian Business
Toronto, Canada
Disclaimer: The information is provided for general informational and educational purposes only. It does not constitute legal, financial, tax or professional advice. Laws and regulations vary by jurisdiction and change over time. Readers should consult qualified lawyers, accountants or advisors for advice tailored to their specific circumstances before making any decisions. The authors assume no liability for actions taken based on this content.
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Published by The Shaughnessy Group
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