Buying a business? Protect your investment and your future in Canada.
Business people coming to Canada under the investor or entrepreneur visa have a daunting task ahead of them: finding a business to purchase or build that will be the foundation for their family’s future in Canada. Often this is done without the benefit of a network in Canada like the one that a business person has developed in their home country. It can be a vulnerable time, but there are some ways to protect your investment.
Be aware
One thing is to be careful of business opportunities that are advertised by email or in classified ads. The words “business opportunity” are one of the most often-used keywords in email spam headers, and almost all classified ads for business opportunities are actually for work-at-home positions that pay very little or expect you to make a big upfront payment for very little return. …
Originally Published by Canadian Immigrant Magazine on March 8, 2011
