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Business For Sale Pinellas County FL

Business For Sale Pinellas County FL- The fact that West Florida is the fastest-growing area in the country means that great things are on the horizon. Business For Sale Pinellas County FL…

Asset Purchase Contract Explained

Florida Asset Purchase Contracts Explained

When a prospective buyer of a business wants to take the next step by putting in an offer on a business, in Florida, they will most likely be presented with one of several versions of the BBF (Business Brokers of Florida) Asset Purchase Contract. This contract was written by attorneys for the use of the …

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Getting an SBA Loan The 5 C's

Getting an SBA Loan: The 5 C’s

In order to get an SBA-backed loan to purchase an existing business, there are many pieces of the puzzle that need to fit just right. The business needs to qualify. The lender will want to see strong provable financials, and they will need to verify that the business has enough cashflow to cover the debt, …

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Ways To Figure Out If A Business Is Right For You

5 Ways To Figure Out If A Business Is Right For You

1) The Bottom Line Meets Your Financial Goals First thing’s first: you want to make sure that the business makes enough profit to meet your financial goals. This part is actually pretty simple. Look at the numbers. Is the owner benefit that this business offers enough for you? If you are buying this business to …

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Pitfalls To Avoid When Purchasing Commercial Property With A Business

Pitfalls To Avoid When Purchasing Commercial Property With A Business

Many businesses that are for sale have commercial property attached to the deal. Purchasing a piece of commercial property in conjunction with purchasing a business is something that adds an additional layer of complexity, but your Broker will be equipped to help guide you through the process. There is a Commercial Real Estate Contract that …

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Exit Strategy Is Important For All Business Owners

Why Having An Exit Strategy Is Important For All Business Owners

Having an exit strategy is often viewed as irrelevant to business owners who are happy with their business and have no intention of selling or closing up shop any time soon. However, what happens when something unexpected comes up, such as a health issue that forces you to stop working and you can’t run your …

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