Vending machines have been hyped as a source of easy passive income, but is there still real money in these snack-and-drink businesses? To find out, an absolute beginner with no entrepreneurial background or machine experience took on the 30-day vending machine challenge—and documented every step. The results shed light on what works, what flops, and […]
Business Management Tips
Report on the business sales marketplace
How long does it take to sell a business, and what’s the right price to make it happen? Andy and JT welcome you to another episode of The Deal Board Podcast. This week, they dig into the latest numbers shaping the business brokerage market. They unpack Transworld’s record-breaking 2024 results, explore how deal multiples vary […]
The problem with skimming cash…it costs you in the long run
By Michael Shea, Senior Business Broker, Transworld Business Advisors If you own a business that deals with cash—restaurants, retail, service work—you’ve probably heard someone say, “Everyone skims a little.” It’s often framed as harmless. A little “off the books” money to avoid taxes. Here’s the truth: skimming is one of the most expensive mistakes a […]
What is the difference between SDE, OB, EBIT, Net Profit, and EBITDA?
Shea explains that DE/SDE/OB represent the free cash flow available to an owner after adjusting for non-transferable and one-time business expenses, such as personal car payments or hurricane repairs.
Why Some Business Deals Fall Apart — And How to Avoid It
And while the deal is in motion, sellers can’t take their foot off the gas. I’ve watched businesses lose momentum during due diligence because the owner got distracted. Revenue dips, the buyer gets cold feet, and just like that, we’re back to square one.