Voters have spoken. With more than a 60% majority, Florida will be raising the minimum wage. However, what does a $15 minimum wage mean for selling your business? Amendment 2 was designed to increase the state minimum wage from $8.56 to $15.00 per hour. On September 30th, it will rise to $10.00 per hour. Every. . .
If you’re in the market to buy a business, you’re not alone. The pandemic has caused thousands of people to reassess their professional life and many are looking to buy existing businesses. Corporate executives that took buyouts and early retirement are looking to realize their dream of owning their own business. This seismic and seemingly. . .
Weighing heavily on everyone’s mind is does COVID 19 impact company worth. If you’ve seen this coffee mug around, you know it’s a twist on a common business term used to measure profitability. Earnings Before Interest Taxes, Depreciation, Amortization…. and Coronavirus.It’s an attempt at a bit of humor to break the tension 2020 has brought. . .
Landlords have more control over your business than you think. But can they kill the sale of your business? Wendy did everything she was coached to do. She was approaching retirement, and after 25 years, she was ready to sell her business to fund the next phase in her life. Her books were clean with. . .
So is it important to list with a broker familiar with your industry? Considering selling your business may be the largest transaction you will do in your lifetime. Choosing the right business broker to represent and market your business is a decision that shouldn’t be taken lightly. It’s logical to think that a broker familiar. . .