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 […]
Buy a Business
Buying A Business: Smooth & Safe
When you think you have found the right business to buy, the process will begin to get interesting as the excitement kicks in. Because this process can vary slightly for each purchase, it is important to be organized and methodical. You will want to thoroughly investigate all aspects of a business for sale and make […]
Buying A Business and Getting Past the Gate Keeper / Business Broker
Would you believe that less than 10% of all buyers who inquire on a business sale or into the process of buying a business ever get to the closing table. Well, it is true…sadly. The reasons for such a miserable number are many: lack of knowledge, lack of funds, financing and capital issues, frustrations, and […]
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 […]
Impact of the New Tax Law When Selling Your Business
Starting in 2018, the New Tax Law will have a enormous impact on middle market businesses. This is true whether you are at the point in life where it’s time to sell or if you want to grow your business by acquiring other companies. Sell-Side Let’s talk first about those who want to sell […]