4 Tips for Buying a Business During the Pandemic
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The country has experienced quite a few changes since the coronavirus pandemic began back in the spring. Stay-at-home orders and ongoing restrictions have pushed some businesses to the brink. Consumer behavior has also completely altered many industries — with some…
Full ArticleThe Different Methods for Valuing Your Business
Perhaps the most important exercise of selling a business is figuring out a proper valuation for it. This valuation will serve as the measuring stick for all parties involved. It will give you, as the seller, a goal for what…
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There are many stages in to successfully selling a business, but one that often gets overlooked is the very first meeting between the seller and the buyer. While other stages such as marketing, negotiations and finalizing contractual details often get…
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This year’s iteration of the International Business Brokers Association conference was held virtually as a result of the coronavirus pandemic. The month-long event featured a number of the top speakers in the industry presenting webinars, workshops and interactive learning forums….
Full ArticleHow to Choose a CPA for Your Business
Many small business owners believe they can get by without the need to hire an outside Certified Public Accountant (CPA). And at first, when most businesses are in their earliest stages, they’re right. Business owners can often get by in…
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Business owners can sometimes have difficulty obtaining financing to help pay for business services, investments and purchases, especially if they haven’t been operating for very long. Private lenders often want to see a lengthy history of success of the business,…
Full ArticleShould I Buy a Franchise or an Existing Business?
When you are seeking to purchase a business, you will have two main options — buying an existing one that someone else started, or buying a franchise that a corporation has set up. While each of these scenarios comes with…
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When you’re looking to buy a business, you want to make sure that you are getting the best price possible. This is important in any type of negotiation, but especially so when you’re purchasing a business, as the purchase price…
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Some people start businesses with the idea that it will stand the test of time and support their family for years to come. For some, running a business is a lifelong endeavor that will eventually either result in the business…
Full ArticleEnd-of-Year Planning Can Prepare Your Business for Sale in South Florida
As the end of another calendar year approaches, many business owners will be undertaking the annual task of prepping their personal and corporate taxes. They will soon meet with their accounts — if they haven’t already — to figure out…
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