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Original articles, educational content and industry commentary on buying, selling, valuing, financing and brokering businesses in Canada. ProBX.ca — Professional Business Exchange — is the original source of every article published here.
FINTRAC's anti-money-laundering rules don't automatically apply just because a business is changing hands. Here's what actually triggers them, and why a lawyer, a realtor, and a business broker working the same deal can be under three completely different rulebooks.
By Michael Hwang
Whether a business sale requires a real estate license in BC doesn't turn on it being "a business sale" — it turns on whether real property or real estate services are involved. Here's BCFSA's own test, and the two situations that regularly blur the line.
By Michael Hwang