METT-TC in Small Businesses Status is online Michael Shea PA Senior Broker & Partner at Transworld Business Advisors,Mergers & Acquisitions, Lic Real Estate Broker Associate. 18 years plus of brokerage experience in Central Florida. 57 articles May 27, 2023 The Army loves acronyms. We had them for rifles (M-16), Trucks (HMMWVW) Planning Processes (OPORDER), and […]
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Seller Financing…get with the program or get used to not selling in the near future
Well, it is here… double-digit financing rates in SBA….for the better part of 2 years we have called this day with alarm. It is frankly no surprise but many from all sides of the political spectrum are blinded by the natural tendency to see the rising storm. I like to use the ballroom scene from the classic “The Poseidon Adventure” to illustrate the “boiling frog” tendency of owners to hope for the best in spite of odds.
How to Choose the Best Deal for You and Your Business
Selling a business takes a bit of homework. You need to be ready to drive the deal at specific points. Start by gathering all the outside valuation information to determine a value for your business. Are there any liabilities or other issues connected to your business that you must address to ensure the deal can move smoothly?
MARKETING FOR SMALL BUSINESS- A TIPS TO IMPACT YOUR BRAND AND BUSINESS
Host a social media contest: Encourage your followers to participate in a contest or giveaway to win a prize. This is a great way to increase engagement and build brand loyalty.
Why do only 10% of Family Businesses Sell?
In the 1980’s, the Family Firm Institute did a study showing that about 30% of all family-owned businesses survived into the second generation; about 12% made it to the third generation; and only 3% survived through the fourth generation and beyond.