E349 - Current & Critical - Liz MacRae, Innovating how to buy or sell your business
“If we could train buyers to buy businesses better, then more of them would sell.”
Small business ownership has become increasingly attractive over the last few decades, but it has not become any easier. In fact, many attempts to purchase an established business fail without proper guidance since the process can be difficult to navigate and requires many steps. Liz and the Village Wellth team are working to reduce that friction to help more owners sell, and more individuals buy businesses. She also touches on the current tech ecosystem in Western Canada and how many companies are looking to grow through acquisitions rather than organic growth.