Most business owners do a terrible job when it comes to selling or otherwise transitioning from their businesses. Consequently, they are leaving tremendous amounts of money on the table. Consider the following statistics from a recent Exit Planning Institute (EPI) survey. 80% to 90% of most business owners’ financial assets are bound up in the...
Written by Bob Harris, Business Broker Among Green Industry Businesses with similar annual revenue, why would some be worth so much more than others? I have brokered the sale of many lawn maintenance/landscaping businesses and am often asked to provide an opinion of value. The value of one business over the other can be far...
The book Poised for Exit by Julie Keyes offers a comprehensive guide for successful exit planning for small business owners. The tools and checklists in this book are meant to help you lay some of the groundwork. In the book you will find a Value Graph provided by Sunbelt Business Advisors. This tool offers a...
Investment bankers keen to win lucrative assignments have a new pitch for U.S. corporate owners: hire us to sell your company now or pay at least twice as much in taxes if Democratic presidential candidate Joe Biden has his way. Biden has proposed raising the capital gains tax rate from 20% to 39.6% for those...
LISTEN NOW (As heard on Twin Cities News Talk 1130 AM Radio.) Early in 2020 you may have been thinking about retiring and having a lot more time to do the things you have always wanted to do – like play more golf. The economy was humming, business was great, and you were thinking, “maybe...
Article Written By Pete Carlson with Rock Solid Financials Fall is in the air; college football, kids going back to school.....wait, none of those things are happening. The weather will still change though unless COVID can change that as well. Fall is a great time to evaluate your tax/bookkeeping relationship. Here are 5 reasons why...
Commodities Marketing and Transportation with SBA and Seller Financing (3-2127) Revenue: $2,552,618 Cash Flow: $705,284 Highly Profitable Commercial Masonry & Concrete Business (3-2126) Revenue: $1,638,328 Cash Flow: $826,362 Juice Bar In High Demand Area (3-2132) Revenue: $334,935 Cash Flow: $49,498 Liquor Store in South West Suburbs with SBA and Seller Financing (3-2141) Revenue: $293,051 Cash...
Bloomberg’s recent article reveals surprising data for business owners considering selling: Despite the disruption of Covid-19 it is a seller’s marketRestaurants, gyms and other corona-sensitive businesses have suffered while other sectors have thrived during the pandemicThe businesses that are selling are going for a premium (6% premium according to the Bloomberg article and Bizbuysell)Sunbelt Business...
Article Written by Ryan Cave with Sunbelt Business Broker of South Florida Business brokers help clients find a current market for the business, or help them find ways to enhance their position. Business brokers bring clients pre-approved and pre-qualified buyers. Business brokers also sometimes fall short, though, allowing their clients — and potential buyers for...
