When it comes to valuing a business, it’s not just about crunching numbers – it’s a blend of art and science. Imagine it as putting together a puzzle, where each piece represents a different aspect of your business. We start by diving deep into your financials, assets, liabilities, and operations. But it doesn’t end there. The real magic happens when we combine these quantitative insights with qualitative factors like your brand’s reputation, customer loyalty, industry trends, and your competition’s landscape.
winterhaven
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.
Polk County and the Lakeland / Winter Haven Metroplex….where to buy and grow a business
Stuck between coastal Tampa Bay and Orlando. Polk County is seeing massive growth. The cost of housing and explosive growth of the two metroplexes puts Polk County in a unique situation. The Lakeland / Winter Haven Metroplex is within commuting range of both Cities. Housing and a Diverse Economic base of manufacturing, education (4 universities), […]
3 Tips for First Time Sellers
You’ve made the decision to sell your business. Congrats! There’s no doubt that a lot of stress is wrapped up in deciding to sell, but there’s also a great deal of excitement. As a result, it can be very easy, especially for first-time sellers, to forget that selling a business is a multistep process, requiring […]
9 Deal Killers in Business Sales
Sellers of small and big businesses alike are by their nature risk takers and leaders. They trust their own judgement…and that can be a weakness when selling a business. Time and time again we meet sellers of businesses who are not prepared to sell and make critical errors in the months and years leading up […]