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. . .
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 CoronavirusIt’s an attempt at a bit of humor to break the tension 2020 has brought us. Interestingly, in my conversations, it has sparked a more serious question. . . .
Landlords have more control over your business than you think 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 properly noted expenses, she had 5 loyal employees, and. . .
Continue Reading “Can Your Landlord Kill the Deal to Sell Your Business?”
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 in your industry is a good thing, right? Maybe not. The data suggests. . .
Continue Reading “Is it Important to List With a Broker Familiar With Your Industry?”
Whew, didn’t see that coming. The first two quarters of 2020 have been devastating for some businesses. If you had plans to sell your business this year, is that still possible? And without selling for a huge discount? We interviewed respected North Florida business broker, Bianca Evans, Transworld to get her thoughts. What movement in. . .
Continue Reading “Did Fate Destroy the Chances of Selling a Business in 2020?”