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 […]
business sales
Confidentiality …..dont tell anyone (this includes friends, family, priest, and your dog)
So yesterday we are wrapping up final details on a sale and the seller wants to announce to her employees and her customers she has sold the business (the deal hasn’t closed yet). Seems she felt she owed it to them! In short this is bovine feces. Every seller feels like they are the end […]
Hire an Aggressive Business Broker
To those in business who do not know the value of a sales professional it is often lost on people just how critically important to a businesses success is the hunter. These professionals are aggressive and drivers. If business is not growing it is spiraling into death. When you hire a business broker it of […]
Book Smarts vs Street Smarts
Street Smarts or Book Smarts. When it comes to the small business world I will take a seasoned entrepreneur every time. Particularly nowadays. Unfortunately we are in somewhat of a transition period when the college degree is not equipping students for a business world changing at a speed unseen before. That is not to say […]
The Seller Tsunami is Coming!!!
The Seller TSUNAMI! It’s coming! The market turns from a seller’s market which it is currently, into a buyer’s market. Lower valuations due to increased competition for buyers. In fact, some believe due to the shrinking workforce, there will be a huge lack of skilled buyers in the marketplace. Incredible opportunity for buyers and companies […]