How To Sell An Insurance Agency in South Florida

Insurance Agencies In High Demand Insurance agencies are well known in the business community for having the benefits of recurring revenue along with a high degree of visibility for future revenues and profits because of its consistent and stable business characteristics. Many business buyers are interested in insurance agencies because they value stability and appreciate […]

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 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 ‘living […]

Sell Your Business In A Liquid Market

The Liquidity of the Market Affects Business Valuation A fundamental tenet of the law of supply and demand is having a willing buyer and a willing seller agree on a price. Business transactions may occur in different types of markets, which will affect the business prices agreed upon by a willing buyer and a willing […]

Increase the Valuation of Your South Florida Business

Three Ways to Increase the Valuation of Your South Florida Business No matter the reason for wanting to sell one’s business, every South Florida business seller wants to maximize their purchase price. If possible, many sellers can greatly help their valuation by taking long term steps that will result in buyers generally placing a premium […]

What Documents Are Needed to Sell Your Business?

Having the Right Documents Generally Leads to A Higher Purchase Price In the initial business evaluation between the seller and the business broker, the seller should be asked to provide certain documents that enables the business broker to price and list the business properly. A well prepared seller with the right documents generally leads to […]

Using Section 1031 Exchanges for Business Sales

Section 1031 Exchanges Have A Limited but Significant Role In Business Sales No seller desires to pay taxes after selling their business. Long term capital gains taxes can be as high as 20 percent of the purchase price (and may increase!). Unfortunately, Section 1031 Exchanges have limited application to most business sellers because the favorable […]

How to Properly Sell Your Convenience Store

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. Let’s explore the key factors in assessing the value of a convenience store, and the best way to price a convenience store for sale. Valuing Convenience Stores […]

Funding Your Business with Business Loan Brokers

Business Loan Brokers Help Fund Businesses Business loan brokers (or commercial loan brokers) help business owners qualify for and receive commercial loans that suit their unique business financing needs. The business loan brokers are paid a percentage of the loan that the business owner receives. Such commercial loans have a role to play when businesses […]