If the owner works 70 hours a week, don’t assume you’re buying an investment.
You may be buying a 70-hour-a-week job.
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Due Diligence on Main Street: What Happens When the Taxes Don’t Tell the Whole Story?
I’ve sold hundreds of businesses over the years, and one of the biggest misconceptions I see is that due diligence is simply about finding something wrong.
That’s not the purpose.
Good due diligence should give the buyer confidence.
The Restaurant Due Diligence Reality Check: 4 Ways Serious Buyers Verify Revenue Before Closing
No tax return, POS report, or seller interview would have revealed that discrepancy as clearly as physically observing the operation.
The old saying applies perfectly here:
Trust, but verify.
How to Sell a Pizza Shop in Tampa Bay: What Buyers Are Looking For
If you’re thinking about selling a pizza shop in Tampa Bay, don’t just call a broker when you want to sell.
Selling a Restaurant in Florida? Don’t Make These 7 Mistakes
I’ve been selling businesses for more than 20 years, and I’ve seen just about everything.
When it comes to selling a restaurant in Florida, some mistakes show up again and again.