When we list a business for sale that will include the commercial real estate as part of the assets of the sale or it will be available for the buyer to purchase, we always suggest that the seller have the property appraised by a licensed professional commercial real estate appraiser before we go to market. …
The Importance of Getting an Appraisal When Selling Commercial Real Estate Read More »
Because what business brokers do is so specialized and unique, there is often some confusion from the general public about how we are different from a real estate agent. As simply put as possible, a real estate agent specializes in selling properties and a business broker is an expert in selling businesses. Selling a business …
How a Business Broker Is Different Than a Real Estate Agent Read More »
We understand that buyers can be nervous about purchasing an existing business, especially first-time buyers. Buyers who have never gone through the process before undoubtedly have many questions about how it all works when you purchase a business. We wanted to take the time to address some very common buyer worries. We hear these concerns …
If you are a business owner who is thinking of selling your business now that the new year is here, then there are a few things that you should know about selling your business now. Increasing InventoryIn 2020, we definitely saw a large decline in the number of businesses listed for sale. Business owners were waiting …
Here’s What Selling a Florida Business in 2021 Looks Like Read More »
Who doesn’t want free money? This is essentially what the SBA is currently offering to buyers for qualified business acquisitions under their 7a loan program. The SBA is trying to fuel the economy, and they are giving away money, as well as removing fees to incentivize buyers, and they are also increasing their guarantees to …
Buyers are often shocked to find out that after the closing of the business sale, they assume all of the risk of the business they purchased. This is often a first-time buyer reaction, because seasoned entrepreneurs know that risk is a part of being a business owner. When you go to a car dealership and …
Because the process of business sales varies greatly from state to state, it’s important for all of our out of state buyers, and even our in-state sellers to understand the way that business brokerage works in Florida. The more our buyers and sellers are educated on how things work in our world, the better their …
When buyer and seller come to a meeting of the minds and they “go under contract,” the road to closing begins. It’s at this time that we always warn both sides that there could be some bumps along the way. We don’t say that to rain on their parade, after all, it’s a happy time. …
It’s a new year, a chance to start fresh, and the opportunity to make improvements for the better. Just like in our personal lives, our businesses deserve some love and attention at this time of year. For many businesses, the previous year brought on huge obstacles and challenges and your business might be completely different …
