Selling a business is a complex and time-consuming process that requires careful planning and execution. Many business owners wonder, “Do I need a business broker to sell my business?” While it is possible to sell a business without the assistance of a broker, there are several advantages to hiring a professional to help with the […]
florida
Seeing Forward: Where to be located in the next decade
In 2001 I moved to Florida from Texas. I was in a hotel in Maitland (right outside of downtown Orlando) and was having breakfast. Speaking to another couple who had just moved to the Greater Orlando area; they told me they were driving to “Lake Nona” that day to look for a home. So my wife, Char Pei Hershey, and I hopped in the rental and 45 minutes later hit cow pastures. In 2001, Lake Nona was open ground. There was a biker bar “Becky’s Bar N Grill that became Sweet Mama’s, a couple of trailer parks, the Estates where the golf pros lived, and a 7-11 off the 528 freeway. Nothing else but a Subdivision that had just started.
Balance Sheet on Big Deals
When buyers at the Middle Market or M&A level go to buy they want to understand the subtler elements of the business and really dig down into cash flows, inventory, liabilities etc. Work In Progress is an important calculation as traditionally the WIP is credited to the buyer….not having your balance sheet in order can cost you in price and terms.
BUSINESSES TO START IN LAKELAND FLORIDA
Lakeland, Florida has a growing economy and a vibrant business community, which makes it a great location for entrepreneurs to start or expand their businesses in 2023. Here are some potential business opportunities in Lakeland: Health and Wellness Services: With an increasing focus on healthy living and self-care, starting a health and wellness business could […]
How do you sell a business in the “Middle Market?”
Selling a business in the middle market can be a complex process that involves a range of considerations. Here are some general steps you can take to sell your middle market business: Prepare your business: Before you put your business on the market, you will need to ensure that it is in good financial and […]