Succession challenges loom for aging business owners

Open this photo in gallery: Domenic Masellis installs new windows in a house in Toronto on June 29.Galit Rodan/The Globe and Mail The past few years have been a busy time for Domenic Masellis. Masellis Aluminum, the door-and-window-installation company he runs with his brother in Markham, Ont., rode the pandemic’s home-renovation boom. Customers who were stuck at home with extra cash plowed that money into major renovation projects. Mr. Masellis said he’s been doing this work since 1986, and he’s started to think about winding it down in a few years. “I’m 60 now,” he said, adding that the work […]

Citi to Pursue Initial Public Offering of Its Consumer, Small Business and Middle Market Banking Operations in Mexico as It Executes Strategy to Simplify Firm and Deliver Value to Shareholders

Article content CITI TO RESUME SHARE BUYBACKS THIS QUARTER Article content BUSINESS WILL RETAIN BANAMEX NAME AND CONTINUE TO SERVE AS ONE OF MEXICO’S LEADING BANKING PARTNERS FOR CONSUMER, SMALL AND MID-SIZED BUSINESS OWNERS CITI TO RETAIN AND CONTINUE TO GROW MARKET-LEADING INSTITUTIONAL CLIENTS BUSINESS IN MEXICO NEW YORK — Citi today announced it will pursue an initial public offering (IPO) of its consumer, small business and middle-market banking operations in Mexico (the “Business”) following the planned separation of its leading institutional business that will remain part of Citi. As previously disclosed, Citi has been pursuing a dual process to […]

3 Cost-Effective Ways to Do Paid Advertising for Your Small Business

It’s a tough market for paid advertising, but these marketers found a way to see results from it. Justin Fredlender, the VP of growth for vitamin brand Ritual, said to start with one ad channel. Katie Wilson of snack brand Belli Welli said traditional methods like billboards can pay off. This article is part of “Marketing for Small Business,” a series exploring the basics of marketing strategy for SBOs to earn new customers and grow their business. loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the […]