Blog for people interested in selling their business.
I routinely sell businesses for individuals in the same position. Your tax returns should be done to show as little taxable profits as possible. My specialty is showing buyers how the business will … more
There are legitimate concerns. As a professional business broker I have specialized in confidentially selling businesses for over 20 years. I require purchasers to sign a confidentiality and non- … more
Purchasers rarely walk away from substantial down payments. Most seller-financed transactions that I broker are between 25 and 50% down. I do not recommend a seller take less than 25% down. A well- … more
Northwest Florida due to our beautiful beaches and recreational opportunities, clean air and great climate is a destination area. People want to live here. In addition to that everyone needs reliable … more
Choosing a good business broker takes some common sense and asking the right questions. How many businesses has he sold? How many of those were actually his listings? What are his marketing methods? … more
The Internal Revenue Service requires that the various assets (both intangible & intangible) be given a value when a business is sold for purposes of determining tax owed by the seller and … more
Within specific industries there are certain simple methods that when applied are useful in determining the approximate value of businesses. At best these simple formulas or rules of thumb are a good … more
A business broker specializes in the sale of established businesses and in many instances the commercial real estate on which the business is located. A business broker in the state of Florida must … more
The best time to sell any business is when the business has shown a proven track record for profitability for at least 3 previous years with the year-to-date numbers showing comparable or better … more