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Truforte Business Group

Top Mistakes Florida Business Owners Make When Selling

Top Mistakes Florida Business Owners Make When Selling a Business Without a Broker

Selling a business is often one of the most significant financial and emotional milestones in a business owner’s life. In Florida—where small and mid-sized businesses fuel one of the fastest-growing economies in the U.S.—the stakes can be even higher. Whether it’s a thriving restaurant on the Gulf Coast, a service company in Orlando, or a manufacturing firm in Fort Myers, the decision to sell […]

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Selling a Medical Practice in Florida

Selling a Medical Practice in Florida: Key Steps for Physicians

Effective selling a medical practice in Florida requires careful planning, from valuation to patient transition, to ensure a smooth and compliant sale For physician-owners, selling a medical practice in Florida is not just a financial transaction – it also involves your staff, your patients, and professional obligations. Florida’s healthcare market is robust, with hospitals, private equity groups, and fellow physicians often interested in acquiring […]

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Tips for Getting a Company Sold Without Any Issue

Tips for Getting a Company Sold Without Any Issue

Selling a company involves preparation, strategy, and dedication on the part of the owner. Set a goal, outline the steps to get there, and then execute the plan, just like any other project. When selling a business, you will need to compile all of the relevant details about your company and present them in a readable format. Another critical early choice is how you […]

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Preparations Are Key to Selling a Florida Business

Preparations Are Key to Selling a Florida Business

Selling a business is a significant milestone, and in Florida, a state known for its thriving economy and diverse industries, careful preparation is crucial. The sale of a business involves much more than finding a buyer—it’s about maximizing value, ensuring a smooth transition, and achieving both financial and personal goals. Whether you’re planning to sell your business now or years down the road preparations […]

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5 Costly Mistakes to Avoid When Selling Your Florida Business

5 Costly Mistakes to Avoid When Selling Your Florida Business

Selling a business is rarely just a financial transaction—it’s the culmination of years, often decades, of hard work. In Florida, where small businesses account for more than 99% of all businesses in the state, competition is strong and opportunities for buyers are abundant. That also means business owners have to be especially smart about how they approach a sale. Unfortunately, many owners unintentionally sabotage […]

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Step-by-Step Guide to Selling a Restaurant in Florida

Step-by-Step Guide to Selling a Restaurant in Florida

Introduction: Turning Your Years of Work into a Successful Sale For many Florida restaurant owners, selling a restaurant isn’t just a financial decision — it’s an emotional one. You’ve poured time, money, and passion into creating a space that serves your community. Now, whether you’re planning to retire, relocate, or pursue a new opportunity, the goal is simple: to sell your restaurant smoothly and […]

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What Makes a Business Sellable in Today’s Market

What Makes a Business Sellable in Today’s Market

In today’s competitive environment, business buyers are more selective and data-driven than ever before. Whether you’re planning to sell this year or five years from now, understanding what makes a business sellable can dramatically increase your company’s value and attract serious, qualified buyers. Here’s an in-depth look at the key factors that make a business truly sellable in today’s market — and how you […]

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Comprehensive Checklist for Selling a Business

Comprehensive Checklist For Selling A Business

Before diving into what truly drives business value in today’s market, it helps to have a clear picture of what buyers are actually looking for and this comprehensive checklist for selling a business helps identify key points. Whether you’re thinking about selling soon or simply preparing for the future, the following checklist outlines the essential traits of a sellable business. Use it as a […]

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Power of Vision When Selling a Business

The Power of Vision When Selling a Business

Selling a business is more than a transaction—it’s a defining moment that marks the culmination of years of effort, investment, and passion. While many focus on the technical aspects of the sale, such as valuation and negotiations, one critical element often gets overlooked: vision. Having a clear vision is not just an abstract idea; it’s the guiding principle that ensures a successful, purposeful transition […]

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Sharpen the Saw: A Key to Success When Selling a Business

Sharpen the Saw: A Key to Success When Selling a Business

Dr. Stephen Covey’s The 7 Habits of Highly Effective People has inspired millions to lead more intentional and impactful lives. Among his timeless principles, the 7th habit, “Sharpen the Saw,” stands out as a crucial reminder of the importance of self-renewal. For business owners considering selling their business now or in the future, this habit isn’t just relevant—it’s transformative. In this post we will […]

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Selling a Business Now or in the Future

Selling a Business Now or in the Future: Begin with the End in Mind

Beginning with the End in Mind As a business owner, you’ve likely poured time, effort, and resources into building your company. But whether you’re considering selling in the near future or just laying the groundwork, one of the most strategic decisions you can make is to begin with the end in mind. Dr. Stephen Covey in his popular book The Seven Habits of Highly […]

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Selling a Restaurant in Florida

Selling a Restaurant in Florida: What Every Owner Should Know Before Listing

Introduction: Selling a Restaurant Is a Big Decision Selling a restaurant is more than just a financial transaction—it’s a major life decision that requires strategy, preparation, and expert guidance. For many Florida restaurant owners, their business represents years of passion, creativity, and hard work. Whether you’re ready to retire, pursue a new venture, or simply cash in on your success, understanding the process of […]

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Why Preparation is the Key to Selling a Business

Why Preparation is the Key to Selling a Business

Selling a business is not like selling a car or even a home. It’s a high-stakes transaction involving financials, legal hurdles, emotional baggage, and a web of operational details. Yet, many business owners treat it like a quick flip. They decide to sell, list it, and wait for offers. That approach almost never works. Worse, it can tank your valuation, scare off serious buyers, […]

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Thinking of Selling Your Business Without a Broker

Thinking of Selling Your Business Without a Broker

Thinking of Selling Your Business Without a Broker? Think Again. Avoid the common pitfalls that can cost you — and keep the control and the upside you deserve. You’ve built your business. You’ve put in the years. Now you’re ready to exit.So it’s tempting to skip the broker and “sell it yourself” — save the commission. But the reality is: going it alone often […]

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Role of Multiples When Valuing a Business

The Role of Multiples in Valuing a Business

When it comes to valuing a business, especially for a sale, few tools are as commonly used — or misunderstood — as multiples. Talk to any broker, investor, or buyer, and you’ll hear things like, “This company is worth 5x EBITDA,” or “It’s trading at a 1x revenue multiple.” But what do these numbers really mean? Where do they come from? And how do […]

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How Addbacks Affect Value When Selling a Business

How Addbacks Affect Value When Selling a Business

When it comes to selling a business in Florida, one of the most important — yet often misunderstood — concepts in determining value is addbacks. Addbacks can dramatically affect the way buyers view profitability, and they play a key role in establishing the Seller’s Discretionary Earnings (SDE) — the primary benchmark used to value small and mid-sized businesses. Whether you’re preparing to sell your […]

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