Selling your business is a major milestone, but the work isn’t over just because you’ve decided to exit. The key to a smooth sale lies in making your business thrive without you. Here’s how to achieve that and attract top dollar from potential buyers.
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Material Handling Distributor Listing Number: 3353-708363
Listing Number: 3353-708363 Description This is a four decade old industrial distributor of material handling equipment and supplies serving some of Central Florida’s largest companies. This business has strong internal staff, fantastic records, and a great history of performance and growth. A personal financial statement and non disclosure is required. Listing Details Price: $1,750,000 Down […]
How to Treat the Owners’ Salary in a CIM
When an owner is not actively engaged in the business, their entire salary can typically be added back. Since the owner does not fulfill a functional role in the industry, there is no requirement to hire a replacement, and the owner’s current compensation ceases upon departure.
What is Form 8594 and Why is it important?
Demystifying Form 8594: Your Guide to Navigating Business Sales and Taxes Buying or selling a business? Hold onto your hats, because IRS Form 8594 is about to enter the stage. This seemingly innocuous form plays a crucial role in ensuring both you and the buyer handle the tax implications of the sale smoothly. But fear […]
The Incubator Gap: Why Skilled Trades Entrepreneurs Get Left Behind
Don’t get me wrong, incubators do incredible work. They nurture fledgling tech ventures, providing mentorship, funding, and networking opportunities. But their model, often laser-focused on scalable, high-growth businesses, overlooks the unique needs and realities of trades-based entrepreneurs.