Navigating the Perplexing Path to Business Success: Why 90% of Small Businesses in Tampa and Saint Petersburg Fail to Sell In the bustling metropolis of Tampa and Saint Petersburg, Florida, the entrepreneurial spirit thrives, with countless individuals embarking on their journeys to establish thriving businesses. However, amidst the dreams and aspirations, a stark reality emerges: […]
planning
When you are ready to sell your business will your business be ready?
WHEN YOU’RE READY TO SELL YOUR BUSINESS, WILL YOUR BUSINESS BE READY TO SELL? It’s been estimated that the owner of a typical small- to medium-sized business has up to 90% of their personal net worth tied to their business. Their retirement plan is simple: Sell the business for a whole lot of money […]
Business Wisdom From Hannibal the Cannibal
Business tips from a serial killer….are you kidding?? Well it actually is classic greek philosophy from Marcus Aurelius….first principals. Sometimes in business we overthink and forget to ask the basic questions…Hannibal poses the question to a young FBI agent during an interview about a suspect…what is its nature? Well when considering a business model […]
Plan To Sell
Most people have a will. Your business needs one too, in the form of an exit plan. Most business owners will not sell voluntarily. Why? Selling a business is not the best way to make money from it. Most small businesses sell for 1-3 times adjusted earnings (larger ones can sell for more). So, if […]