The Top 5 Reasons People Sell Their Business One of the very first questions a buyer asks is “Why?” “Why are you selling your business?” Invariably, behind it is a mistrust or doubt driven by horror stories grounded in very little truth but it is an important question as it sets the context for how […]
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Buying A Business and Getting Past the Gate Keeper / Business Broker
Would you believe that less than 10% of all buyers who inquire on a business sale or into the process of buying a business ever get to the closing table. Well, it is true…sadly. The reasons for such a miserable number are many: lack of knowledge, lack of funds, financing and capital issues, frustrations, and […]
What is my business worth in Florida? Get Real and Don’t be the Fisherman
Just the other day I was in my CPA’s office and one of the partners saw me and took me to the break room. Seems one of his clients was paying a outside firm a fee to tell him what his business was worth. I’m sure if you are a business owner of any […]
Who is Today’s Business Buyer
Who is Today’s Business Buyer American buying trends reveal a lot about who we are and what’s happening in the country. Not only is it important to understand the trends but also the people that are driving the trends. Just as American demographics are changing, so is today’s business buyer. Transworld brokers consistently keep their […]
Profitable Industries for Small Business
Any good endeavor starts with a good idea – and the same is true for small businesses. While profit isn’t the only factor for a small business owner to consider, it’s an important place to start. Other factors to consider include whether the business matches your interests and skills, and what sort of barriers to […]