Sarasota Business Brokers- For the North Port-Sarasota-Bradenton metro areas, they earned the overall #6 place in the nation. Sarasota Business Brokers…
In a recent study by SmartAsset, a personal finance company, they identified the top 50 most economically vibrant cities in the U.S. They analyzed data for 500 of the largest U.S. cities, studying: population change from 2014-2018, unemployment rate for the past 5 years, GDP growth rate, one-year change in unemployment (August 2018-July 2019), establishment …
Once the sale of a business is complete, the closing documents have been signed, and you leave the closing agent’s office, the Familiarization period begins. This is the time when buyer and seller work closely together to ensure a smooth handover from one owner to the next. What this handover looks like will vary from …
If you are thinking that it might be the right time to consider your exit strategy from your business, then it’s a good idea to get in contact with a Business Broker to find out how they can help. Here we outline the main ways that a Business Broker can be of service to a …
Your Exit Strategy: How A Business Broker Can Help Read More »
As Business Brokers, one of the biggest factors that we look at when we are considering taking on a new listing is the salability of a business. Given all of the information we have at the time, coupled with our experience, do we think that this particular business is likely to sell? We’ve been surprised …
1) Why are you selling? This question might seem obvious, but be prepared to answer it nonetheless. If you are retiring or relocating, those are easy and clean-cut answers. However, if the answer is something more complicated, like you and your business partner are no longer getting along, or you are burnt out and have …
5 Buyer Questions That Sellers Should Prepare For Read More »
There is a lot of work that goes into pricing a business, and our Brokers spend a great deal of time and attention on the financial recast and researching comparative sold businesses, so that we can recommend that our Sellers list their businesses at the most realistic selling price. We don’t want to just list …
The Importance Of Getting The Asking Price Right Read More »
Is your geographical area or industry growing or experiencing a boom? That’s a great sign that it’s time to sell. Many people wait until they are exhausted and ready to retire or their business is on the decline to sell. Ideally, that’s the exact opposite of what you should do. You want to sell when …
The decision to sell a business is never an easy one. Perhaps your company is not doing well and you want to get out of it before it collapses or you may just want to move on from the business and try something new in your life such as retirement or starting another business. In …
You’re buying an existing business. What happens after Due Diligence is cleared and you are waiting for the closing date to come around? This will be a very busy time of preparation for the buyer, and it is time to collaborate with the seller to get much of this prep work done. During a business …
You’ve decided that you want to be an entrepreneur and you’re looking for a small business for sale. Maybe you love the idea of being your own boss and growing a successful business, but don’t want to start from scratch with a brand-new business idea. Some business owners are lucky enough to stumble across a million-dollar …
