There was a stat the other day showing that less than 20% of the deals consummated on the show “Shark Tank” ever get finalized. That statistic is consistent with the business brokerage stats as well. Less than 20% of the deals that go to Market ever sell and less than 50% of deals that are […]
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Fair and Equitable Fees #saveyouabunchofmoney #e2visaracket
What a interesting day. Today a customer from Europe came to my office. It was not a bizarre meeting until we got to discussing the E2 Immigration process, my role, the role of accountants and their visa attorney. This is where it got a bit odd. I generally make a practice of not commenting on […]
The realities of small business ….on the streets of New England
So this last weekend I took a trip up to Rhode Island and Mass to see some Hockey (GO FRIARS!!) The nostalgia of returning to ones alma mater and the place of ones youth is always fun. That being said my mind never turns off as my my wife and I and our children went […]
Lister or Seller…what kind of business broker do you choose?
Confucius said “Everything has beauty but not everyone sees it.” This applies to business as well as art, and the other disciplines. So when I read that quote I thought of the beauty in my own profession and how and why I appreciate certain aspects of high performing professionals. IF any of you have seen […]
Rules of Thumb are for the birds
In the world of small business sales and mergers and acquisitions every buyer thinks every business is overpriced and every seller thinks its worth more than what you tell them. Over the years “industry experts” of which I am apparently one, bandy about “rules of thumb”. In other words….business X sells at 2 x cash […]