We are certainly in interesting times. I recently put to market a #property #management company. Here in #Orlando these #businesses are highly sought after. It is a fragmented industry where the operational model ranges from owner operator to web based platforms with multi revenue streams. In Orlando, there are something like 700 of these companies […]
#business sale
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 […]
10 Questions You Must Ask Before Buying a Business
10 Questions You Must Ask Before Buying a Business 10 Questions You Must Ask Before Buying a Business 1. What are your biggest challenges right now? You want be aware of potential minefields. For example, if you’re buying a company that will need $1 million in capital improvements, you need to learn that upfront while […]
Advisors…..how they can kill a deal
One of the most misunderstood variables in business sales is buyer and seller control of Advisors and just as important the selection of the advisor. In Main Street Transactions we always recommend you get CPA, Business Brokers, and Attorneys involved. But what must be understood is that YOU…..THE BUYER OR THE SELLER….are in charge of […]
Part 1: Baby Boomer Business Owners and the Importance of Exit Planning
There is a significant sea change coming in the business ownership landscape. Simply put: The baby boomer age bracket was a generation of entrepreneurs. More businesses were founded and grown by this group born from 1946-1964 than ever before. In fact, according to a recent Axial article (Axial is a leading network that combines business […]