Latest News

March 27, 2023

Selling Your Business – Documents you will need

What Documents Will Prospective Buyers Want to See When selling your business, it is best to prepare in advance for the documentation a buyer is likely to require during due diligence. The list below is a good guide but is […]
March 14, 2023

Ten Attributes of an Entrepreneur

The key attributes of a successful entrepreneur include: Passion: Successful entrepreneurs have a burning passion for what they do. They believe in their idea and are willing to work tirelessly to make it a reality. Resilience: Entrepreneurship is a journey […]
March 13, 2023

Restaurant Industry Best Days Yet to Come?

The restaurant industry was significantly impacted by the COVID-19 pandemic, with many restaurants closing their doors temporarily or permanently due to government mandates, reduced demand, and financial strain. However, as life has largely returned to normal, the industry has seen […]
February 9, 2023

The one question you should never ask the seller of a business.

Over my sixteen years in the Business Brokerage Industry I have sat in on many buyer/seller meetings. The initial meeting between parties is often what determines if a deal will happen or not. I watch carefully to see the chemistry […]
January 24, 2023

We Are Hiring

  Position: Business Broker Quorum Business Advisors- Florida Job Description Your major responsibilities will include: •Developing and securing new “business for sale” listings through networking, direct marketing and calling on business owners using a consultative selling approach •Preparing business valuations, […]
January 5, 2023

Will 2023 be the Year you sell your Business

January is a time of the year when people consider making big changes in their life. For some this means joining a gym. For others the decision that this New Year will be the one when they retire from work. […]
December 16, 2022

The five worst mistakes you can make as a business owner

As a Business Broker I have analyzed hundreds of small businesses and these are the five most common mistakes I see their owners make. You are the business Being too involved in the mundane work of the business is a […]
December 15, 2022

Kitchen and Bath Contractor – Under Contract

From listed to under contract in less than eight weeks. We had two of our listings go under contract in the same day. We are running low on inventory and need more businesses to sell. If you would like to […]
December 15, 2022

Property Management Business – Under Contract

Property Management Company  From listed to under contract in less than six weeks. Agreed price above list price and to close in 30 days.  If you would like to explore selling your business, contact us at Quorum Business Advisors today. […]
September 29, 2022

Selling your Business – Should you tell your employees

While many business owners feel the urge to be “honest” with their employees, especially the key ones. This is often a misguided impulse. Telling your employees early in the process only creates unnecessary anxiety for them. Even worse it can […]
July 21, 2022

How much is your Business worth?

For small business owners their business can be their most valuable asset. When it comes time to move on or retire selling the business can provide them with the financial means to do so. But what is a business worth? […]
July 20, 2022

Working Capital and the Sale of a Business

The simple definition of Working Capital is Current Assets – Current Liabilities. But in real world application it is much tricker and is frequently the source of heated disagreement between buyers and sellers. Working capital is used to fund operations […]
July 12, 2022

Ten Steps to Buying a Business

Step 1 Before you begin to look for a business take some time to do a serious inventory of your skills, aptitudes and qualifications. Determine how much you have available to invest. Whether or not you will be seeking financing […]
July 1, 2022

Jacksonville Best Place to Live

Jacksonville has emerged as one of the fastest growing cities in the country. In fact, Forbes magazine recently cited Jacksonville as the #2 most popular city to move to. Jacksonville has been featured on a list of the best places […]
June 28, 2022

Understanding Seller Discretionary Earnings (SDE)

Seller Discretionary Earnings (SDE) is also sometimes called the “Owners Benefit” and the terms can be used interchangeably. This is a key metric when it comes to valuing, buying and selling small. In this article I discuss how SDE is calculated. […]