Healthcare Businesses More Valuable in South Florida It is no secret that South Florida has a very large percentage of seniors over age 65. Indeed, 25 percent of the population in Palm Beach County consists of individuals aged 65 years or older. This compares to about 17% of the general population in the United States. … Read more
What is A Nurse Registry? A nurse registry is a specific type of healthcare company that provides healthcare (or companion care) for patients in their home. The regulatory body of Florida nurse registries – the Agency for Healthcare Administration (AHCA) – defines nurse registries as “An agency that offers healthcare related contracts for registered nurses, … Read more
Dance Studios in South Florida Children-oriented dance studios are an increasingly popular venue for parents who indulge their child’s creative whims in a physically healthy way. Dance studios offer various classes with differing themes including jazz, hip hop, ballet, tap, and modern. Frequently, the children then perform recitals and participate in competitions among teams from … Read more
“The only source of knowledge is experience.” – Albert Einstein Experience Matters in Business Sales Many business owners spend the vast majority of their working life never once thinking about how to sell their business. They are rightfully concerned with operating and growing their business. Once it is actually time to execute their exit strategy, … Read more
What Are Accounts Receivable? Accounts receivable (A/R) are money that is owed to a business by a customer or payor for services previously rendered or products sold. Any customer account that must be collected after the completed transaction is a part of a company’s accounts receivable. Actually collecting on such account may become problematic. After … Read more
“Plans are of little importance, but planning is essential.” -Winston Churchill Every Business Owner Should Have An Exit Strategy A business exit strategy is the means by which an entrepreneur or business owner will liquidate or sell their ownership stake in a business. Options include going public as an Initial Public Offering ‘IPO’, selling to … Read more
Confidential Business Sales Business sellers are often very concerned with their confidentiality during the sales process. Most sellers of businesses do not want their customers, employees, vendors, or the general public to know that their business is for sale. Such business sellers fear the loss of business or loss of staff because of the uncertainty … Read more
Higher Inflation Means Higher Interest Rates During an economic cycle, the appearance of inflation causes the value of purchasing dollars to fall. This decrease in the value of the dollar means that lenders get paid in dollars that are worth less, which eventually causes lenders to demand higher interest rates. Since inflation seems to be … Read more
What is Seller’s Discretionary Earnings? The seller’s discretionary earnings (SDE) (or adjusted owner benefit) of a business is another way of referring to the total annual economic benefit that a single owner-operator would derive from a business. This is the key and critical characteristic of any small business for sale. Businesses advertised for sale online … Read more
What Is A Turnkey Business? A turnkey business describes a business that is ready to use in its existing condition by a buyer immediately upon transfer. Importantly, the business must be functioning correctly and at full capacity when received by the buyer in order to truly be considered a turnkey business. Start-up businesses may qualify … Read more