As a business broker, I am often asked this question and I think it’s the wrong question to ask. Small business buyers should start with questions like what are the qualities that one wants in a business. Also, take into account that when you ask someone this question it is going to reflect their worldview […]
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Want to Start Your Own Home Based Business – A Guide
A guest post from Amy Collett of www.bizwell.org Want to Start Your Own Home-Based Business? | A Guide for Consultants Owning a business is the dream of many. Making it a reality takes a lot of work, but the end result of having your own startup can be one of life’s greatest rewards. Here’s […]
Buying A Business In Florida
Buying a Business in Florida is slightly different from the process you encounter in many other locations. The amount of information available out there regarding buying a business is legion. But, as in most things local dynamics play a large part in dictating success or failure in navigating the process. So why is Florida different….well […]
Buying A Vacation Rental Management Company Here In Florida
So having sold probably 75 of these things I thought I would compile some information for you buyers out there: The following video gives you a brief overview of the industry here and the following stats are drawn from the Business Brokerage Press Guide. Rules of Thumb: 40 to 45% of annual sales plus inventory […]
The Four Mistakes Sellers Make When Selling Their Business
TOP FOUR MISTAKES BUSINESS OWNERS MAKE WHEN TRANSITIONING A BUSINESS At some point, nearly every business owner faces a business transition. The 3 D’s are inevitable: Death, Divorce, Divestiture. As the business often represents the single largest asset on many owners’ personal balance sheets, its value can represent a lifetime of focus, energy, and work. […]