It is 2017 and in my 11 years in the business I have 215 deals and worked on probably another 225 or so. 50% close rate is what I run. To some that seems like a horrible number but when you consider that in this industry the average close rate is closer to 20% you […]
#buyabusiness #businessbuyer #Buyereducation
Not all Lawyers are the Same
When you go to the hospital (where I am sitting right now with my mother) you go to see specific doctors for specific specialties. All Doctors (and yes believe it or not, Lawyers are technically doctors “juris doctor” . Anyway if you had to have open heart surgery I imagine you would not go to […]
Scary Statistics in Business Sales
It is the time of year when we get the results from the listings sites for national stats on business sales. It is also when we as a company at Transworld Business Advisors review internal statistics. Now in most cases business brokers stats don’t mean alot but given that we are the largest and do […]
Legal Due Diligence at the M&A
Although Josh Logan at Achieve Legal in Orlando has oriented this to the M&A level of business sales there are some lessons to be learned from this youtube video. Good Legal counsel is critical in a deal.
Price vs Value in buying a business
PRICE: The amount of dollars or consideration a buyer agrees to pay and a seller agrees to accept under specific circumstances surrounding a transaction. VALUE: The worth of something There is is….two simple definitions that drive the question of every #business sale in Orlando and anywhere else. Add to that mix conundrum the many #advisors […]