For most companies, there are several categories of prospective buyers.  The most obvious are other companies in the same business for whom the acquisition would be a logical expansion with potential economies of scale.  Consideration should also be given to suppliers and customers of the business.

However, based on our experience in selling hundreds of businesses, approximately80% of the prospective buyers are individuals who want to control their own future.  Most of them will be moving into the area from other ...

The first step in this process is to find out if you are truly fully motivated to operate a small business (whether you start it or buy it). Ask yourself these questions:

• Do you know what kind of business you want to buy?
• Are you “technically” qualified and experienced enough to run the business?
• Do you have the temperament to deal with fickle customers, demanding creditors, and difficult employees?
• Do you have the attention-to-detail that most businesses demand?
• Can you deal with the bookkeeping requirements ...

One of the most frequent questions asked by prospective business buyers is whether or not they should hire a business broker. The initial response is always: “yes… but.” The “but” is that you should “use” one, not “hire” one. A business broker can have a very specific and important role in the buying process. The “but” is related to understanding what that role is.

Business Brokers in Florida almost always represent the deal in a transactional role. The seller pays their ...

Florida’s economy is strong. In fact, With a large pool of talent, good employees are available to help you successfully run your business.

There are many different types of businesses available to buy in Florida as well, making it an attractive place to do business for many different types of people. Here are some things to look for when buying a business in Florida.

Once you and your Business Broker decide on the type of business you’d like to own, there are some ...