The Purpose of A Business Buyer/Business Seller Meeting

Establishing Trust Is Key for South Florida Business Sales In business as in life, establishing personal rapport and honest communication is essential for two parties to trust and understand one another. When buying and selling a South Florida business, the direct principals of the deal (the actual buyer and seller) invariably meet in person at […]

Introductory Guide to Buying A South Florida Business

Buyers Should Be Prepared Prior to Searching for A Business Many people dream of one day achieving their financial independence from operating their own business. There are many wonderful businesses for sale in the South Florida market to choose from that range in size from very small ‘mom and pop’ shops to multi-million dollar business […]

The Role of the Deposit in South Florida Business Sales

Deposits For Business Sales Are Typically Refundable Many buyers and sellers of businesses are somewhat surprised to learn that deposits play far less of a role in business sales compared to real estate sales. In fact, deposits sometimes are not even given at all for some business sale transactions. Businesses should be viewed as a […]

Seller-Financed Business Transactions

Seller-Financed Business Transactions Not for Everyone The great majority of business sellers deservedly want and expect to get paid in full at closing. Once a deal closes, the buyer receives the business being sold, and the seller expects to receive the money for the business at closing. In reality, however, many business deals are partially […]

How to Evaluate A Business For Sale

Steps to Evaluate A Business for Sale In order to sell one’s business, the business should be evaluated by a professional business broker. For a first time business seller, the evaluation process may seem like a difficult task. In practice, the process is not so difficult so long as the seller is prepared with the […]

What is A Good Service Business to Buy in Florida?

Service Businesses in Florida A service business creates value by selling intangible skills, whereas a retail business creates value by selling tangible products. The difference is key because a service business has no need to carry inventory and does not necessarily need a retail location (with much higher rents). Some service businesses (such as beauty […]

Do I Need A Business License in Palm Beach County?

State and Local Business Licenses: A Key Part of Any Business Sale Before buying or selling a business, one must think carefully about what licenses are necessary to own and operate the business, as well as what licenses may transfer with the sale of the business. A seller should disclose what government licenses they operate […]

What Makes A Buyer ‘Serious’ About Purchasing A Business

Sellers of Businesses Only Should Deal With Serious Buyers Business sellers should not have to deal with buyers who are not serious about buying their business. A key benefit of being represented by a business broker is not having to waste time, energy, and expense on meeting and dealing with buyers who are unqualified or […]

What is An E2 Business Visa?

When it comes time to sell your business in South Florida, a large amount of potential buyers are foreigners wanting to legally enter and live in the United States by obtaining an E2 Visa. Such E2 Visa buyers may be seeking to purchase businesses in many different industries and at all sorts of price points. […]

What Assets Are Included in the Typical Business Sale?

South Florida Business Sales: Know What is Typically Included All business owners should be aware of what to expect when it comes time to sell their business.  A key aspect of what to expect includes understanding what is or is not included in the sale. This way the seller will be armed with the correct […]