Here is a scary statistic. 90% of all business buyers never ever complete a sale. The reasons for this are somewhat murky but in simplicty, it largely is a function of lack of education and a failure to follow a process. Buying a business is a major financial decision and investment and should […]
Buying a Business
Buying a Business
Success in Restaurants: How do you make money
As a business broker for better than a decade, I have a unique insight into what makes businesses succeed and fail. Recently, I sold a business that was unique in that it was profitable in when most of the other businesses that I have encountered in this vertical fail. I thought sharing the success would […]
Why You Shouldn’t Try to Sell Your Own Business
As a successful business owner, you have likely spent years developing the skills and expertise to run your company well. Therefore, when the time comes to sell your business, it’s easy to understand why it is best to work with professionals who have spent years perfecting their expertise in selling successful businesses like yours. Rely […]
The Frustrations of Buying A Business
Time and Time again I have met buyers who are encountering frustrations in the buying of a business. The reasons vary from buyer to buyer but if I may let me offer some specifics to the buying process as it relates to the Orlando Florida and Kissimmee Markets. 1. First thing, recognize t that there […]
Allocation of the Purchase Price in the Sale of A Business
When it comes to buying or selling a business, both the Buyer and Seller tend to focus primarily on the optimizing the price and terms. All too often negotiating the optimum allocation of purchase price is an after thought. In many cases it is not even discussed until months later when the tax returns must […]