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
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
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.
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
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
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
Selling A Car Wash in South Florida
South Florida Car Washes Are Attractive Investments Car washes represent a very attractive investment for many different types of investors in South Florida. Car washes
How to Sell Liquor Stores in South Florida
Liquor Stores in South Florida Always In Demand Liquor stores in South Florida are viewed by many buyers as stable and sound investments. The consumption
How to Sell Restaurants in A ‘Buyer’s Market’
Restaurant Industry Is Now In A ‘Buyer’s Market’ It is no secret that the coronavirus was not kind to the restaurant industry. Indeed, approximately 1
Seller-Financed Business Transactions
Seller-Financed Business Transactions Not for Everyone The great majority of business sellers deservedly want and expect to get paid in full at closing. Once a
Ensure A Smooth Transition When Selling Your Business
Post-Closing Transition Critically Important For Business Buyers Ensuring a smooth hand-over of a business from the seller to the buyer is of utmost importance when
Understanding A ‘Business for Sale’ Advertisement
What is A Business Sale Advertisement? Unlike typical advertisements for real estate on the MLS or other websites, advertisements for businesses are confidential and do
How to Evaluate A Business For Sale
Steps to Evaluate A Business for Sale In order to sell one’s business, the business should be evaluated by a professional business broker. For a
What is A Good Service Business to Buy in Florida?
Service Businesses in Florida A service business creates value by selling intangible skills, whereas a retail business creates value by selling tangible products. The difference
Do I Need A Business License in Palm Beach County?
State and Local Business Licenses: A Key Part of Any Business Sale Before buying or selling a business, one must think carefully about what licenses
What is an Owner Absentee Business?
Absentee Owned Businesses in South Florida When it comes time to selling your business, it is very helpful to understand whether or not your business
What Makes A Buyer ‘Serious’ About Purchasing A Business
Sellers of Businesses Only Should Deal With Serious Buyers Business sellers should not have to deal with buyers who are not serious about buying their
How to Sell Auto Repair Businesses in South Florida
Establish Best Asking Price for Your Auto Shop Auto repair businesses can be very profitable and rewarding for a savvy owner-operator. They are generally recession-resistant
Can I Sell My Business Online?
Selling a business online by means of a ‘FSBO’ (or For Sale By Owner) is explored by many sellers of businesses in South Florida. Understanding
Find A Florida Business Broker to Help Sell My Business
Locating the Right Business Broker in Florida Finding the right business broker in Florida to help sell your business is not an easy task. It
How Much is My Business Worth?
If you’re thinking of selling your business, the most important factor to consider is the potential purchase price you can expect to realistically receive from
How to Sell Pool Routes in South Florida
Pool Routes In High Demand Most homeowners in South Florida prefer to let a professional pool service company handle the cleaning and chemical maintenance of
The Proper Valuation Technique for South Florida Business Sales
When determining the value of your South Florida business, the most important step is accurately defining and uncovering the true amount of profits that the
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
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
What Assets Are Included in the Typical Business Sale?
South Florida Business Sales: Know What is Typically Included All business owners should be aware of what to expect when it comes time to sell
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
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
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
Understanding Private Equity Transactions in Business Sales
Private Equity Transactions for High End Business Sales A private equity buyer refers to a group of institutional or accredited investors that have pooled their
Why Would Someone Sell A Profitable Business?
Odds are that when you began your business, selling it never crossed your mind. Unforeseeable situations that force the sale of a business unfortunately happen.
Making an Offer to Purchase A Business
Defining an Offer and Its Importance to Buying A Business An offer is the most important step that a buyer makes toward actually purchasing a
What Is The Best Way To Sell Your Business?
Selling Businesses in South Florida Selling your business should never be a decision you make on a whim. Maybe you’ve decided the company has seen
The Purchase and Sale of Online Businesses
Purchasing an Online Business The year 2020 saw an astonishing 44% rise of online retail purchases in the United States. The Corona Virus only accelerated
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
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)
The Role and Importance of the Non-Compete When Selling Your Business
The Non-Compete Agreement Is Critical Business Sales A non-compete agreement in the context of business sales governs the extent (in length and geographic breadth) to
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
The Basics of SBA Lending for Business Sales
Use the SBA to Your Advantage as the Buyer and Seller of Businesses Business sales which are financed by the Small Business Administration (SBA) may
Analyzing Structural Formats of Businesses Sales in South Florida
Understand the Structural Formats for Business Sales Before buying or selling a business, one needs to know how exactly that will be accomplished. Whether it
The Significance of Signing A Letter of Intent
Signing A Letter of Intent in A South Florida Business Sale At some point in the process of selling a business, a buyer may submit
How to Properly Evaluate and Sell Your Landscaping Company
Selling Your Landscape Company in South Florida Commercial or residential landscaping companies seem to be everywhere in Florida. Competition is fierce but profits can be
The Importance of A ‘Blind Ad’ In Protecting the Seller’s Confidentiality
Advertising Your Business Confidentially Many people are confused when they search businesses for sale online and can not determine the actual identity of the business
Communication: The Real Glue That Holds A Deal Together!
An Expert Business Broker Must Communicate Effectively A major factor in closing any business deal is communication. With honest, open, and accurate communication the buyer
E2 Visa Buyers: A Business Seller’s Best Friend
E2 Visa Buyers Purchase Many Businesses in South Florida In recent years, many non-U.S. citizens living overseas have gained U.S. citizenship by buying a business
Avoid These 3 Common Mistakes When Selling Your Business
What Exit Strategy Do You Have for Your Business? Every intelligent business owner has an exit strategy. In order to get the best possible price
Identifying the ‘Hidden Assets’ of Your Business
Maximize Your Sales Price by Identifying Hidden Assets During the free evaluation process with Five Star Business Brokers, probably the most important part for you
Preparing Your Business For Sale
“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” – Abraham Lincoln Prepare Your Business
When Is A Good Time to Sell Your Business?
Is this A Good Time to Sell Your Business The mantra of ‘buy low and sell high’ should be taken to heart by every business
How to Properly Sell Your Laundromat
Laundromat Sales in South Florida Coin laundromats typically make very good investments and are highly sought after by many buyers. Typically, coin laundromats can be
Why Hire A Business Broker?
Reasons to Hire a Business Broker to Sell Your Business “It takes less time to do a thing right than it does to explain why
Valuing Your Business in the Wake of Covid-19
The Corona Virus Has Affected South Florida Business Sales The Covid-19 global pandemic has caused unprecedented business interruptions and business shutdowns for many Americans. Here
How to Sell A Hair Salon Properly
“Use your mentality, wake up to reality” (Frank Sinatra). Sell Your Hair Salon in South Florida Many sellers of salons are completely unaware of how
How to Price Restaurants Correctly
“Price is what you pay and value is what you get.” (Warren Buffett) Selling A Restaurant in South Florida Restaurants are bought and sold in
Exploring the Tax Consequences of Selling Your Business
“In this world nothing can be said to certain, except death and taxes.” – Benjamin Franklin Tax Consequences of Selling Your Business in South Florida
Selling and Buying Healthcare Companies
Healthcare Business Sales in South Florida Healthcare related businesses in the South Florida market are always in demand. Our area’s high medicare and senior citizen
Interpreting An Owner’s Salary
How Your Owner’s Salary Affects the Purchase Price of Your Business If you’re a business owner, you may choose to pay yourself a salary. ‘Salary’
What is ‘formal due diligence’ and when should it start?
Conducting Due Diligence Before Purchasing A Business. In a general sense, due diligence refers to anything a buyer may do to investigate the business they
Remember: You’re In Charge!
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston Churchill Importance of Having Confidence When Buying
Advice for Buyers and Sellers of Franchised Businesses
Franchise Sales in South Florida Franchises are quite common these days. Everything from pizza places to hotels are offered via franchises. Because of the excellent
The Prequalification Checklist for Every Buyer
Finding A Qualified Buyer to Buy A Business Whether you’re a cash buyer or seeking external financing, you must be ‘qualified’ to buy any
