Showing posts with label Selling Your Business. Show all posts
Showing posts with label Selling Your Business. Show all posts

Friday, September 7, 2012

To Start or Buy A Business - Advise For Those Leaving the Corporate World

To Start or Buy A Business? One Entrepreneur’s Story

For individual that have left the corporate world and are considering starting or buying a business, this story is for you.

Read:To Start or Buy A Business? One Entrepreneur’s Story… | SCORE Success Blog

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com


Thursday, September 6, 2012

Seller-Financing: What You Need To Know

If you're hoping to sell your business, you may wonder whether to allow a buyer to pay you over time. Owners are increasingly helping to finance the sales of their firms, sometimes as a way to wind down and transition into retirement. This article is a "must read" for all business owner thinking about selling their business.

Read: Seller Financing - What You Need To Know

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Thursday, August 23, 2012

Owners Are Selling Businesses. Is the Economy Improving?



Small businesses are often used as a measuring stick for the U.S. economy. The more there are—and the jobs they create—the better the economic conditions. 

But some analysts say there's another way small businesses provide a window on the economy—by the number that are bought and sold.

This article considers this and other factors for the increase in businesses being sold.


For a complimentary consultation:
Contact 
Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Monday, August 20, 2012

Can Your Business Be Sold? | Inc.com

Can Your Business Be Sold?

I frequently encounter business owners that admit to not knowing if their business is a good prospect for a prospective buyer to consider. In other words, they are concerned if will someone pay money to acquire their business or if the are better off selling its physical assets and walking away?

Can Your Business Be Sold? | Inc.com

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Selling a Business on a Note: 9 Tips for Success - Forbes

Selling a Business on a Promissory Note

While business owner would prefer an all cash transaction when selling their business, seller financing is involved in up to 90 percent of small business sales and more than half of mid-size sales. If you're not willing to finance at least some of the price, you may not be able to sell your company.

This article provide advice that the seller should consider.

Selling a Business on a Note: 9 Tips for Success - Forbes

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Friday, August 17, 2012

Can your business survive without you?

I am often asked by business owners planning their exit, "how much is my business worth?" I may respond, "Can your business survive without you?"

One factor in determining value is the interdependence of owner and cash flow. Often times, the owner is the primary saleperson, or so immersed in operations, that business revenues and profits would be negatively impacted by their departure. This increased source of risk can significantly devalue a business -- and not just small business as this article attests.

Can your business survive without you? | Dynamic Business
 For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com
 




Thursday, August 16, 2012

10 tips to consider before selling your business - Business Monday - MiamiHerald.com

10 tips to consider before selling your business

A common mistake is to wait until the day you decide to sell your business to begin preparing, and by then, you may have lost a great planning opportunity. So, if you plan on selling today or any time in the foreseeable future, here are a few tips in the above article.
 http://www.miamiherald.com/2012/02/19/2650856/10-tips-to-consider-before-selling.html

For a confidential consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

5 Ways To Prepare Your Business For Sale Now - Business Insider

5 Ways To Prepare Your Business For Sale Now

While often business owners decides to sell their company, but finds there are many aspects of the business not ready for a sale. The above article offer great insight in key area to focus on when getting a business ready for sale
 
For a confidential consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Top 10 Tips To Buying A Business « Ace Chapman

Top 10 Tips To Buying A Business

Buying a business is a life changing undertaking. The article above offer excellent advice for those considering this major step. You have to do a lot of research, due diligence and soul searching before arriving at a decision to buy. Should you buy the business?
http://acechapman.com/buyingabusinesstips

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Wednesday, August 15, 2012

Succession Planning - Financial Adviser

Voices: Cory Schmelzer, On Succession Planning - Financial Adviser - WSJ

Article discusses a creative means of selling a professional services practice: Sell it one chunk at a time to ensure your clients are best being served.  

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Ten Non-Compete Issues to Consider When Buying a Business

How do you avoid concerns that after buying a business the former owner to immediately go into competition with you? The way you prevent that is by including a “Non-Compete” Clause is the sales contract. This above article hass a list of ten clauses you may want to include as part of the sale. Every business is different so not all of them will be necessary in your case. Legal issues like non-compete clauses are obviously something your lawyer will take the lead on, but you should still try to be as informed on these issues as possible so you understand what is going on.

Link: http://www.jdsupra.com/legalnews/ten-non-compete-issues-to-consider-when-41364/

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Why Now Is The Time To Buy A Business

Why Now Is The Time To Buy A Business : Money :: American Express OPEN Forum

The reality is the well run businesses did not suffer quite as much as poorly run businesses over the past few years. As the weak have been weeded out, only the strong have survived. There are still many very solid, profitable businesses for sale throughout Florida.

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Tuesday, August 14, 2012

“Operation Boots to Business” – The SBA Launches Entrepreneurial Training For Veterans

The Small Business Administration has partnered with the Veterans Administration to launch “Operation Boots to Business: From Service to Startup”. The link above is to a YouTude video on the program, and additional links are below.

This training program is designed to “help transitioning service members and veterans become entrepreneurs and create jobs for others”. The SBA and its partners will conduct introductory business courses at military bases around the country. From the article, “One out of every seven veterans around the nation are self-employed or small-business owners, and about one-quarter of other veterans say they’re interested in starting or buying a business.”

Here’s a link to the article: http://usgovinfo.about.com/b/2012/07/16/sbas-operation-boots-to-business-for-veterans.htm 


And here is a links to the SBA’s page describing this program: http://www.sba.gov/bootstobusiness
 http://boots2business.org/

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Buy a Business for Sale to Become a Successful Businessman

Buy a Business for Sale to Become a Successful Businessman

Good article by Manish Khanna about how to go about buying a business and the importance of buying a business in your comfort zone.

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Business Valuation Basics To Know When Buying A Business 

Anyone planning to buy a business must understand factor to consider when doing a business valuation. The above article is a excellent over view of the basics. Some of the key items covered are why you shouldn’t use a “Rule Of Thumb” and the difference between “cash flow” and “income”.  If all the jargon associated with business valuation leaves you scratching your head, this article is a good place to get some clarity.

 http://bizfinance.about.com/od/Risk-Management-and-Valuation/a/basic-business-valuation.ht

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com


What Makes Your Business Sellable?

What Makes Your Business Sellable? — Personal Dividends - Money+Lifestyle

Three keys to a sellable business:

1. Is it "Teachable" to your employees so they can run it themselves?
2. Is it "Valuable", i.e., does it generate cash flow?
3. Is it "Repeatable", i.e., can it create loyal customers who come back time and time again?

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

How 1 number can double (or cut in half) the value of your business

How 1 number can double (or cut in half) the value of your business Built To Sell

Great article by best selling business author John Warrillow on how buyers and sellers manipulate earnings multiples to get a better price.

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Friday, August 10, 2012

3 Tips for Building a Valuable Company


For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Before You Select A Business Broker - Do They Co-Broker?

Florida Business Exchange co-brokers all businesses we list for sale. For the seller this means that getting results is my first priority. Read more for the advantages...

Before You Select A Business Broker - Do They Co-Broker? | BizBen

For a complimentary consultation:
Contact Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com

Thursday, August 9, 2012

Why Due Diligence Matters When Selling a Business