Communication: The Real Glue That Holds A Deal Together!
A major factor in closing any business deal is communication. With honest, open, and accurate communication the buyer and seller of a business deal will
E2 Visa Buyers: A Business Seller’s Best Friend
In recent years, many non-U.S. citizens living overseas have gained U.S. citizenship by buying a business in the United States. A very common destination spot
Avoid These 3 Common Mistakes When Selling Your Business
Every intelligent business owner has an exit strategy. In order to get the best possible price and sell the business with the least amount of
Identifying the ‘Hidden Assets’ of Your Business
During the free evaluation process with Five Star Business Brokers, probably the most important part for you as the owner of the business is identifying
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 Preparation is
When Is A Good Time to Sell Your Business?
The mantra of ‘buy low and sell high’ should be taken to heart by every business owner when it comes to selling their business. The
How to Properly Sell Your Laundromat
Coin laundromats typically make very good investments and are highly sought after by many buyers. Typically, coin laundromats can be run relatively absentee, provide highly
Why Hire A Business Broker?
“It takes less time to do a thing right than it does to explain why you did it wrong.” – Henry Longfellow When contemplating the
Valuing Your Business in the Wake of Covid-19
The Covid-19 global pandemic has caused unprecedented business interruptions and business shutdowns for many Americans. Here in South Florida, some businesses have been spared the
How to Sell A Hair Salon Properly
“Use your mentality, wake up to reality” (Frank Sinatra). Many sellers of salons are completely unaware of how to properly price their highly treasured business.
How to Price Restaurants Correctly
“Price is what you pay and value is what you get.” (Warren Buffett) Restaurants are bought and sold in South Florida all the time. Other
Exploring the Tax Consequences of Selling Your Business
“In this world nothing can be said to certain, except death and taxes.” – Benjamin Franklin Nobody wants to pay taxes, but knowing a little
Selling and Buying Healthcare Companies
Healthcare related businesses in the South Florida market are always in demand. Our area’s high medicare and senior citizen population, along with the constant influx
Interpreting An Owner’s Salary
If you’re a business owner, you may choose to pay yourself a salary. ‘Salary’ refers to wages received as a W2 employee of the company.
What is ‘formal due diligence’ and when should it start?
Every buyer conducts due diligence before purchasing a business. In a general sense, this means that a buyer will investigate the business they are seeking
Remember: You’re In Charge!
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston Churchill Selling or purchasing a business requires
Advice for Buyers and Sellers of Franchised Businesses
Franchises are quite common these days. Everything from pizza places to hotels are offered via franchises. When it comes time to sell or purchase an
The Prequalification Checklist for Every Buyer
Whether you’re a cash buyer or seeking external financing, you must be ‘qualified’ to buy any business. Although having the funds to buy the business
