The other day I had a customer come to see me and they have a small business and its not doing so well, which on its own is not all that uncommon. What was striking is when they asked me “are we too small for you to work with?” That was striking. Then today a […]
Buy a Business
Scary Statistics in Business Sales
It is the time of year when we get the results from the listings sites for national stats on business sales. It is also when we as a company at Transworld Business Advisors review internal statistics. Now in most cases business brokers stats don’t mean alot but given that we are the largest and do […]
Legal Due Diligence at the M&A
Although Josh Logan at Achieve Legal in Orlando has oriented this to the M&A level of business sales there are some lessons to be learned from this youtube video. Good Legal counsel is critical in a deal.
Price vs Value in buying a business
PRICE: The amount of dollars or consideration a buyer agrees to pay and a seller agrees to accept under specific circumstances surrounding a transaction. VALUE: The worth of something There is is….two simple definitions that drive the question of every #business sale in Orlando and anywhere else. Add to that mix conundrum the many #advisors […]
The importance of managing your team in a business sale or business purchase
Ask any seasoned broker who does deals in volume “What causes deals to die?” and they will tell you over and over again advisors. Advisors take on all shapes and sizes. They include: attorneys, accountants, wives, husbands, brothers, bartenders, banks, friends, anonymous folks on chat boards and a whole litany of characters. When conducting a […]