Clean Books and Records are essential for a business owner to maximize the sale of their business. We have a saying….”You Only Beat Uncle Sam Once” . Meaning that there is no way to avoid taxes. You can mitigate the tax impact but when you fail to maintain records that are reconciled and provable you […]
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How do I determine what my business is worth?
Transworld Dominates The BBF Awards
What internally are the benchmarks of success in an industry should be important to you as a buyer or seller. The measurements matter as they indicate who is working, who gets stuff done, who co-brokers and who has a proven track record and is really working a business not a hobby.
Do you use your Business Broker as an Advisor
When buyers or sellers approach a business broker to buy or sell a business you would think that they would interview them and gage just how he / she can bring value to the process and success of the deal. But it never ceases to amaze me how a principals assume ill intent or only […]
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 […]