Episode Details
Back to Episodes
BDC vs SBA: The Truth About Buying a Business in Canada
Published 6 months ago
Description
Are you an American thinking about buying a business in Canada? Or a Canadian wondering how the BDC compares to the SBA?
In this video, I break down:
Whether Americans can legally buy Canadian businesses
*How BDC financing actually works (and why it’s NOT the SBA)
*The biggest cross-border tax trap most buyers completely miss
*Why a great deal can quickly become a bad one after taxes
If you're considering international business acquisition, this is a must-watch before making an offer.
#businessbuying #entrepreneurship #smallbusiness #investing #canada #BDC #SBA #businesstips #acquisitions #finance
***
Timestamps
0:00
1:30 What is BDC?
4:30 BDC vs SBA (Key Differences)
8:00 Financing a Canadian Deal
11:30 The Hidden Tax Trap (CCPC)
16:30 Why Deals Fall Apart
20:00 Final Advice
****
- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com
****
Special Xero offer: Get 90% off for 6 months using this link: https://referrals.xero.com/DavidCBarnett_xero. Terms & Conditions apply.*
Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/
Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero
Do Business with David using these incredible internet links...
- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com
- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com
- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com
- Get help selling your business, https://www.HowToSellMyOwnBusiness.com
- Get better organized in your business, https://www.EasySmallBizSystems.com
- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com
- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
Youtube music licensing code: 5PJWQOE5ZZHTQSRY