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. […]

How Do I Find A Trustworthy Business Brokerage Company to Sell My Business?

Finding the right business brokerage company is an absolutely critical part to a seller’s exit strategy.  The sales process should not entail any up front costs as any reputable business brokerage firm will be glad to give a free comprehensive business evaluation as part of the interviewing process.  The most effective ways to gauge whether […]

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 […]

How Much Does it Cost to Sell A Business in Palm Beach County?

The Cost of Selling A Business in Palm Beach County Selling a business is not without costs, but most of those costs (including the commission) are not incurred until and unless the business actually sells. The average commission cost is at least ten percent for small businesses, and in many cases may be the only […]

Selling Your Business To A South Florida Competitor

Competitors May Make Great Buyers of Businesses Most small businesses in South Florida have local, regional, or national competitors. A critical part of the listing process is determining which of these competitors may make good acquirors. Often times, the buyer in such a case are able and willing to close more quickly and at a […]