Owner’s Salary Affects Valuation Many business owners choose to pay themselves (or their spouses) a salary. An owner’s salary or compensation may refer to wages received as a W2 employee or payments received as an independent contractor or to some other entity controlled by the owner. This is entirely legal and ethical and in theory … Read more
Formal Due Diligence In a general sense, due diligence in the context of business sales refers to researching and analyzing all relevant aspects of the past and present performance of a business. But what is ‘formal due diligence’? When should it start? Formal due diligence refers to the buyer’s investigatory phase of a business after … Read more
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston Churchill Confidence Key to Buying or Selling Businesses Selling or purchasing a business requires confidence. A seller must have the confidence that the asking price is fair, and the buyer must have the confidence that the price … Read more
Franchise Sales in South Florida Franchises are quite common these days. There are nearly 800,000 franchised businesses in the United States. Everything from pizza places to hotels do business under various franchised business models. Because of the excellent climate and demographics, many buyers wish to purchase franchised businesses in the South Florida area. When it … Read more