Selling A Business Online A business owner who wishes to sell their business online on their own may be in for a rude awakening. A ‘for sale by owner’ (FSBO) transaction, which does not have the the benefits of involving a professional business broker, faces a daunting task. It is difficult if not impossible for … Read more
Locate the Right Business Broker in Florida Finding a local business broker in Florida to sell a business is not an easy task. It may even seem overwhelming for the uninitiated business owner who only has had limited experience in dealing with residential real estate agents. The right business broker should be a licensed professional … Read more
How Much is Your Business Worth? The most important factor to consider in selling their business for the majority of business owners is the potential purchase price they can realistically realize from the sale. No two businesses are exactly alike, and a professional business broker must evaluate a business properly in order to determine its … Read more
Selling Pool Routes Most homeowners in South Florida prefer to let a professional pool service company handle the cleaning and chemical maintenance of their pool. Pool service companies differ from pool builders as pool service routes focus on service and maintenance rather than new construction or remodeling. Most owners of pool routes sell their business … Read more
Valuation Based on Owner Benefit The valuation of most businesses is based on a multiple of the most recent annual adjusted owner benefit of the business. Determining the adjusted owner benefit (or true economic profits derived by a working owner) is tricky and requires careful analysis. An accurately adjusted owner benefit enables the buyer to … Read more
Locating Right Business Broker Finding the right business brokerage company is an absolutely critical part to a business seller’s exit strategy. The selling process with a business broker should not entail any up front costs since any reputable business brokerage firm will be glad to give a free comprehensive business evaluation as part of the … Read more
What Assets to Include in Business Sale? 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 knowledge and … Read more
Quality of Seller’s Documents Affects Purchase Price In the initial business evaluation between the seller and the business broker, the seller should provide certain documents or items that enables the business broker to price and list the business properly. A well prepared seller who has accurate and up to date documents generally leads to a … Read more
What is a Section 1031 Exchange? A taxpayer may defer capital gains taxes on the sale of certain investments or business assets by swapping like-minded properties. This is called a section 1031 exchange. Under a 1031 exchange, capital gains taxes may be deferred so long as the asset being sold and the asset being swapped … Read more
Selling Convenience Stores Convenience stores can be a very profitable business for savvy operators with good locations and well run stores. Many convenience stores are absentee-run which make excellent passive investments. Further, convenience stores often have a large degree of recurring revenues from repeat customers who need a local mart to routinely purchase their basic … Read more