buying a business

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 […]
January 13, 2021

Small Business Exit Planning (Video)

October 5, 2016

Non-Disclosure Agreement

  One of the most important documents when buying or selling a business is the Non-Disclosure Agreement (NDA). The purpose of the NDA is to protect the financial and intellectual property rights of the company that is for sale. Buyers […]
August 27, 2015

Sharp Rise in Business Sales

Business Sales Taking Off Our internal numbers for the State of Florida show that small to mid-sized business sales have increased sharply over the last two years. Sales are up 37% from two years ago. Even more impressive – the […]
April 7, 2015

Should you make a lowball offer?

  When buying a business is it a good idea to make a lowball offer? This is a critical question for many buyers. How should you frame your initial approach – a fair offer or start out low? People will […]
October 9, 2014

Days on market not a factor when buying a business

In residential real estate a key factor in the perceived value of a piece of property is “days on market” – sometimes abbreviated as DOM. In Business Brokerage DOM is not a major factor. In fact, in Florida our MLS […]
June 27, 2014

Ten Commandments for Business Buyers

  I. Thou Shall Not Be Greedy! Sellers deserve a fair price for the years they have spent developing the business. Be prepared to pay for the goodwill of the business.   II. Thou Shall Have A Good Reason For […]
June 26, 2014

What to expect during Due Diligence

One of the first things a prospective buyer sees is the Business Listing Information sheet, or BLI. The BLI provides the buyer a wealth of data on the business of interest. The business owner has certified all data on the […]
June 26, 2014

Buy a business vs. Start up. Which is right for you?

Whether you are looking at working for yourself or investing in a new and exciting business venture, all of the choices can make it confusing. Although start-ups may be exciting and relatively inexpensive at first, there are a lot of […]