Records are critical when selling a business. You as a seller lose leverage and pricing power when you have bad records. The records we need to sell your business are ideally tax returns, profit loss statements, bank statements. There will be more and the more complicated the business the more records requested. The buyer of […]
Central Florida News and Related Articles for Business
What records are you going to need for selling your business?
Buying A Business: Be A Good Buyer
When Selling A Business most people assume the decision of who to sell to and the deal structure is all about the money. Nothing could be further from the truth. Money, of course, is important and buyers are not going to get great deals just because they are likable. As a buyer you have to […]
Can You Sell A Service Business?
Over the years I have repeatedly heard from owners that their businesses were not worth anything because they didn’t own land or there were little to no assets. I shudder to think of the amount of money left on the table because an owner didn’t understand what their business was worth. The service economy is a huge component […]
Buy An Existing Business or Start from Scratch?
So you want to own a business. The freedom, autonomy, and rewards are attractive. So where do you start? You can start a side hustle, buy a franchise, or buy an existing business. With so many options available to you how do you know which to choose and what are the pros and cons? As […]