Recently I picked up on Gary Vanyerchuck and his videos. He is direct, blunt and says things we all think in a vernacular that may offend some but to coin a Gary V phrase “how gives a shit”. Vee’s genius is layered in common man speak and an in your face approach to life that […]
#selling #businessbroker
Does Your Business Broker Create Scarcity
Often misunderstood at the mainstreet and middle market segments of business sales is the leveraging of the element of scarcity. When large companies with EBITDA over $1MM dollars go to market for sale they often are sold in an auction format. No price set and buyers who need to grow and fit strategically submit offers […]
Avoid Unwanted Surprises in Due Diligence
Avoid Unwanted Surprises During Due Diligence Buyer of Businesses often uncover unwanted surprises during due diligence — resulting in downward purchase price negotiations, lower valuation multiples, lenders getting scared off, or the deal falling through. In today’s economic climate, potential buyers are willing to search long and hard to identify the best acquisition candidate. Transparent […]
Business Valuation of Vacation Rental Property Management In Central Florida
Anyone remotely aware of the small business market in Central Florida is no doubt aware that the sale of vacation rental management companies is a significant portion of the market place. For the past several years I have sold dozens of these companies and have come across some really bizarre statements from buyers and brokers […]
What percent of businesses actually sell?
This stat should scare the heck out of you. Nationally less than 20% of the businesses that go to market actually sell? Business sales are an incredibly emotional and inefficient marketplace with many many variables that cause deal failure. Listen to this radio interview with our CEO Andy Cagnetta to get some insight into reasons […]