So i just wrapped up a listing appointment. This young lady had a 20 Year old pet grooming business. “Jane” leads off with telling my that we have spoken before and that i am the 4th business broker she has spoken to. I asked her what my colleagues gave her for valuations? She pulled out […]
Central Florida News and Related Articles for Business
The Latest Statistics on business sales nationwide
Every Quarter Biz Buy Sell releases stats on the state of small business sales in the US. Overall it is pretty good data but in reading this quarters reports some things jumped out. First and foremost the report is on this link: http://ow.ly/PEutp In short things as they stand today are good. Volume is up, […]
The Emporer’s New Clothes
The dirty little secret of business brokerage is that less than 25% of all the businesses that go to market ever sell. Behind closed doors if you talk to deal makers it generally comes down to 2 things: Unrealistic Sellers and Poor Records. In our world to day we don’t tell fairy tales too much […]
Business is Chess…..Strategy and Observations
A couple of days ago i was having a party celebrating my wife’s graduation and one of my guests was my financial planner. The usual chit chat occurred and I shared my views on my market place and the baby boomer dynamic. He smiled a bit and said “on that topic we do need to […]
More Stats for Business Sellers to Consider
My last two posts to the blog have been on the inventory deficit we see here in Central Florida and the strange phenomenon we are encountering in the market here where inventory (businesses for sale) is at a 5 year low. If you have read my posts there is a pending transfer of wealth somewhere […]