There was a stat the other day showing that less than 20% of the deals consummated on the show “Shark Tank” ever get finalized. That statistic is consistent with the business brokerage stats as well. Less than 20% of the deals that go to Market ever sell and less than 50% of deals that are […]
#buyabusiness #businessbuyer #Buyereducation
Fair and Equitable Fees #saveyouabunchofmoney #e2visaracket
What a interesting day. Today a customer from Europe came to my office. It was not a bizarre meeting until we got to discussing the E2 Immigration process, my role, the role of accountants and their visa attorney. This is where it got a bit odd. I generally make a practice of not commenting on […]
The realities of small business ….on the streets of New England
So this last weekend I took a trip up to Rhode Island and Mass to see some Hockey (GO FRIARS!!) The nostalgia of returning to ones alma mater and the place of ones youth is always fun. That being said my mind never turns off as my my wife and I and our children went […]
Rules of Thumb are for the birds
In the world of small business sales and mergers and acquisitions every buyer thinks every business is overpriced and every seller thinks its worth more than what you tell them. Over the years “industry experts” of which I am apparently one, bandy about “rules of thumb”. In other words….business X sells at 2 x cash […]
The Role of the Business Broker in a Business Sale
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 […]