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A 12-Month Rolling Profit and Loss Statement Explained

At several points in the process of selling a business, we will very likely request a 12-month rolling profit and loss statement from the seller when we are valuing a business to take it to market, updating a business listing’s financials, or at the request of a potential buyer. For sellers, it important to know …

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Buyers, Be Prepared to Discuss the 3 M’s: Money, Management, Motivation

As business brokers, protecting the confidential business information of our sellers is our top priority. One of the ways we do that at Green & Co. is to screen the buyer inquiries that we get on our listings. This is in addition to having potential buyers sign a Non-Disclosure Agreement and fill out a Buyer …

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Why Escrow Holdback or a Seller Note is Important to Florida Business Buyers

When a buyer purchases an existing business, there is always risk that comes with the investment. Although the buyer is given the chance to perform their Due Diligence (an examination of the business’s financials and operations, to the buyer’s satisfaction), a buyer is often concerned that they could become responsible for the seller’s debts or …

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Florida Business Sales in 2021 Compared to 2020 and 2019

2021 was a very successful year for business sales in Florida. In fact, over the past year or so, we’ve seen primarily a healthy and growing market for small business sales here, as more and more people flock to the Sunshine State. In 2021, with the stabilization of COVID, we saw many businesses recovering from …

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