How To

The details of every deal are unique — and the stakes are high — so be sure to get input from trusted advisors. 
Lauren Rabindranath Aug. 20, 2021 5-minute read

5 steps to successfully sell your business

1. Changing ownership

Sole proprietorship



2. Understanding tax implications

3. The Lifetime Capital Gains Exemption (LCGE)

4. Valuing and selling assets

5. Communicate often and stay organized

Written By
Lauren Rabindranath

Lauren Rabindranath is a copywriter and communications consultant based in Toronto, Ontario, who works with clients across industries. Working with CIBC Business Banking, Lauren supports content development for online platforms, relating her personal experience as an entrepreneur to CIBC’s tailored services.