So we spend a ton of time telling business sellers how to prepare their business for sale. We talk about the importance of having good books & records, being organized, being on a growth curve, having the staff, and a ton of other items you can hear here. But what is often not talked about […]
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Buy An Existing Business or Start from Scratch?
So you want to own a business. The freedom, autonomy, and rewards are attractive. So where do you start? You can start a side hustle, buy a franchise, or buy an existing business. With so many options available to you how do you know which to choose and what are the pros and cons? As […]
If I have a buyer do I need a business broker or intermediary?
In many cases the answer is “No.” There is no legal requirement that a business must be sold through an intermediary, and indeed, many thousands of businesses are sold every year without one. If the buyer is a family member or a trusted employee, and the value of the business is mutually agreed upon, and […]
Buying A Business In Florida
Buying a Business in Florida is slightly different from the process you encounter in many other locations. The amount of information available out there regarding buying a business is legion. But, as in most things local dynamics play a large part in dictating success or failure in navigating the process. So why is Florida different….well […]
What Core Skills Should A Business Broker in Todays Market Possess?
You worked hard all your life, You have a business that has value and its time to sell and go play golf. So now comes one more big decision. You need to find a business broker who can sell it for the highest price possible. How do you pick that person? What skills do they […]