When you are buying or selling a business confidentiality is one of the most important factors. Now to the novice negotiator, buyer or seller with a lack of experience or understanding of all the things that can go wrong you may find that odd but let me explain. First….the sale of a business is a […]
Business Management Tips
The Top 5 Reasons People Sell Their Businesses
The Top 5 Reasons People Sell Their Business One of the very first questions a buyer asks is “Why?” “Why are you selling your business?” Invariably, behind it is a mistrust or doubt driven by horror stories grounded in very little truth but it is an important question as it sets the context for how […]
Success in Restaurants: How do you make money
As a business broker for better than a decade, I have a unique insight into what makes businesses succeed and fail. Recently, I sold a business that was unique in that it was profitable in when most of the other businesses that I have encountered in this vertical fail. I thought sharing the success would […]
Company Acquisition Process: What You Need To Know As A Seller
A company acquisition is a great selling option for owners of high-earning, high-growth companies that need more capital or expertise, or simply wish to sell the business to a larger company. Whether your goal is to raise capital for your growing company or find a strategic buyer to complete an acquisition, working with a broker […]
What is my business worth in Florida? Get Real and Don’t be the Fisherman
Just the other day I was in my CPA’s office and one of the partners saw me and took me to the break room. Seems one of his clients was paying a outside firm a fee to tell him what his business was worth. I’m sure if you are a business owner of any […]