Is Prince George Booming? It may very well be!
Focus on the Prince George Commercial MarketWhy Prince George Right Now?The Hub City Is Having a Moment: Why Prince George Is Worth a Hard Look Right NowIf you’ve been…
Read article →Market updates, lending snapshots and practical advice on buying, selling and investing in Northern BC businesses and commercial property.
Focus on the Prince George Commercial MarketWhy Prince George Right Now?The Hub City Is Having a Moment: Why Prince George Is Worth a Hard Look Right NowIf you’ve been…
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“The Price Went Down. Should You Be Excited? And Why Would a Seller Ever Raise the Price?” & Market Update 44000 SQ ft of Warehouses Sold !!!! After a Price…
Read article →Where Are Commercial Lending Rates Right Now?As a commercial REALTOR® and business broker serving Prince George and Northern BC, one of the most common questions I get…
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I often get asked, what is going to be the best return on my investment so I thought I would run the numbers. When you have capital to invest, the real question isn’t…
Read article →Ozzy Jurock has been on my radar for years.A number of years ago, my friend Boyd encouraged me to follow Ozzy's work and pay attention to what he was saying about…
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Yesterday marked our 9th Annual Strategic Planning Day, and once again it was energizing to see nearly 100 people in the room, representing businesses from almost every…
Read article →Strategic Planning Day – January 9Over the years, I have personally helped the owners of more than 250 companies with strategy and planning. For the past nine years, I…
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The commercial lending landscape in Northern BC continues to shift as interest rates ease and lenders adjust their strategies. To give businesses a clear picture, we…
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My clients like you are always looking for the best opportunities with the lowest risk. My goal is to help you find those potential gems. Currently I am working on…
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The saying “Don’t count your chickens before they hatch” is something that has become so apparent to me in the last few years as a commercial realtor. There have been a…
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If you are a real estate investor in Northern BC I am sure you are wondering what the banks are doing at the moment. Last week I conducted a survey of my local bankers,…
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I came home one afternoon last week to find my furnace off. With luck the -25 degree cold spell had broke just the day before. I was wondering how long it would take for…
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I get asked regularly how I think that the economy is doing in Prince George and more recently how I think the potential of Tariffs will affect the region. Here are…
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What You Need to KnowRecently I have come across some bank foreclosure commercial properties 2 of which I have put on the bottom of this article. I had a client buy a…
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Real Estate Investment Opportunity Analyzer: Often, we are faced with Investment Opportunities (or Challenges) where we need to make a difficult or complex decision. By…
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I was in the middle of a summer holiday when I took the call from Sandy. She told me that she had been referred to me by a friend of hers that I had helped exit her…
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Like any financing, Commercial mortgages come with both risks and rewards that are important to evaluate for any business or investor considering property ownership. One…
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Recently, I returned from coaching at a preseason training camp for a University Basketball team in Lisbon, Portugal. Let me begin by saying that I have been coaching…
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Holding a Liquidation Sale Could Possibly Be the Best Way of Exiting Your Business.I remember in the early 1990’s there was a company that came into town from somewhere…
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In my 9 years as a business coach I often used an opportunity analyzer to help my clients determine what would be an ideal opportunity for them. The analyzer was a one…
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Are you curious about what it would cost you to buy a business or building in the current economy? I am and I wondered about what history could tell us about where rates…
Read article →On December 18th 2023 my father died peacefully at the age of 85, in his home in Prince George surrounded by my mother, my siblings, some of my nieces and nephews and…
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30 years ago when I had more time than children, I used to play my guitar and write songs. I wrote one called Opportunity Knocks about the multiple opportunities I was…
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In the last article we discussed the need to understand why you want to create wealth and some tips on how to do it. This article discusses why you might consider…
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Family day is a time when we take time to appreciate our families. I am grateful to be from a family where I had 6 siblings of which 3 were adopted. Now with 4…
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I bumped into Bill (name has been changed) the other day at the gym. I hadn’t seen him for a few years and he hurried over to see me. As I greeted him, the next words…
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I bumped into Bill (name has been changed) the other day at the gym. I hadn’t seen him for a few years and he hurried over to see me. As I greeted him, the next words…
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I know that there were some people thinking that I must be crazy, taking on a new career at the age of 58, and they could be right. In 2023 after 28 years in retail and…
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Regardless of whether this is your first business or your tenth, here are five questions you need to ask yourself before you start putting too much time, money and…
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Experience is a great teacher and I have made some mistakes over the years but also made some great investment choices. Books however are an even better teacher with…
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Jay reached out to me recently to purchase a property that wasn’t actually listed on the market. “Dave, can you set up a meeting with the property owner to see if they…
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Recently I was curious about where bank rates are going for purchases of commercial properties and businesses and so I reached out to some of my favourite bankers to see…
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Thinking of retiring in the next decade or so? Here are some of the most impressive deals I have come across in the past couple of weeks that may help you get there. Let…
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Buying a business or an investment property is an exciting time. You think you have found the perfect investment and you start negotiating, at some point you come to an…
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While interest rates are rising and some of the housing market seems to be slowing down, I can tell you that there seems to be still demand for commercial real estate…
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While I am not sure about you but I know that I have been beat up in the stock market over the past couple of decades. For many investors, there are typically 3 types of…
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Negotiating a deal and buying a business is an exciting time for entrepreneurs, however what you do in the first few months after your acquisition can play a critical…
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Frequently as a commercial realtor specializing in selling businesses and properties, I get asked by a business owner to come and tell them how much their business is…
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Philip was stressed because he was going to lose another deal. A few months ago, he had wanted to put in an offer to purchase a business but had been slow in getting in…
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Warehouses - Why You Should Consider Them for Your Next Commercial InvestmentWarehouses are pretty simple buildings. They are typically large structures that consist of…
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Recently I was working with a business owner who had closed down their business and was listing their property for sale. The sale of the property would result in…
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It was one of the most stressful times of my life. I had just built a new house, we had our first child who had colic, I was trying to run a new business that was not…
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Mack was frustrated. His bank was giving him the run around regarding his offer to buy a business. Because the business didn’t include land or a building they were…
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Investment and Commercial real estate can make a lot of sense for people who are looking to build generational wealth or retirement strategies for themselves and their…
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People want to buy a business for a number of different reasons. However they often find difficulty in moving forward and as a result fail to realize their dreams. Here…
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Spring is here and so are opportunities. This newsletter is a few days later than I hoped, because things are getting busy. There are considerable opportunities for…
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I sold my first business at the age of 23 and it was the right time. I sold another business venture at the age of 40 and wish I kept it. I sold my main business to…
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Market UPDATE:I have had people asking me how the commercial and business market place is doing. It seems that things are thriving. I have lots of buyers looking for…
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Several times a week I talk to people who want to sell their businesses. Unfortunately, in most cases, the owners who want to exit the business have not done the work…
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As you probably recall I am now spending a good portion of my week helping clients buy and sell their businesses and investment properties. The rest of the time is still…
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James sat across from me and told me that for the past year he had been working with a business broker to sell his business with little success. He wanted to get out of…
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Frances was tired and ready to sell her business after a long successful stint at the helm. She had reached out because she had heard that I had helped sell her friend's…
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41% of businesses in North America are owned by Baby Boomers who in 2021 are between 55 and 75 years old. These people are actively thinking about retirement and how…
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After a couple of years of pandemic stress, business owners are pondering their next steps. You might be an owner who has decided that perhaps you have benefited from…
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The current economic climate has changed the way that business owners think about their businesses. While we had worked with companies before the pandemic, helping them…
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Selling a business in Canada can be difficult at the best of times. According to the Exit Planning Institute only 30-40% of businesses that are listed for sale actually…
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Selling your business can be exciting and scary at the same time. Often business owners are not sure what to expect. Typically, it takes much longer to sell a business…
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In 1988 I was interested in starting a retail business. My partner, much wiser andwealthier than I, was someone who had weathered several recessions in…
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