How to Launch a Food Truck Company
Starting a food truck company involves all the same procedures as starting a conventional small business, but with extra permissions. That is why it is almost always easier buying an existing food truck business rather than starting one from scratch. A strong business concept, a business strategy, a business license, numerous insurances, and permits and licenses from the health department are a few examples […]
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Do You Need a Business Broker to Sell a Medical Practice?
Many physicians, dentists, therapists and other practice owners wonder whether they need a business broker to sell their practice, or whether they can handle it themselves. You are not required to use a broker. But selling a medical practice involves confidentiality, valuation, buyer screening, negotiation, due diligence and regulatory steps, all while you continue caring for patients. For most owners, professional help makes the […]
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How Long Does It Take to Sell a Healthcare Business in Florida?
“How long will it take to sell my business?” is one of the first questions healthcare owners ask. The honest answer is that it depends on the type of business, how well it is prepared and the licensing steps involved. Healthcare sales often take longer than sales of other small businesses because buyers need more information and new owners usually need regulatory approval before […]
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Asset Sale vs. Stock Sale for Florida Healthcare Businesses
When you sell a Florida healthcare business, one of the first structural decisions is whether the deal will be an asset sale or a stock sale. In many industries this is mostly a tax and legal question. In healthcare, it also affects licensing, Medicare and Medicaid enrollment, liability for past billing and how quickly the buyer can take over. Healthcare business broker Dahlia Black […]
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How Payer Mix Affects the Value of a Florida Healthcare Business
Two Florida healthcare businesses can report the same revenue and the same profit and still sell for very different prices. One of the biggest reasons is payer mix: where the money comes from. Whether your revenue comes mainly from private pay, Medicare, Medicaid, commercial insurance or contracts changes how buyers see the risk, the growth potential and the reliability of your earnings. Healthcare business […]
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3 Reasons a Business Loan Is Essential When Buying a Florida Business
For most business owners, selling means agreeing on a price and signing a purchase agreement. For a Florida healthcare business, there is another step that can make or break the deal: the change of ownership, often called a CHOW. Assisted living facilities, home health agencies, hospices and many other healthcare providers cannot simply hand their license to a new owner. The buyer has to […]
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Build it Grow it Know its value
Build It. Grow It. Know Its Value: How to Build a More Valuable Business By Bruce Pockrandt, CBIManaging Broker, Truforte Business Group Helping Florida business owners understand, build and maximize the value of their businesses. Key Takeaways: How to Build a More Valuable Business A more valuable business is typically one that can produce consistent earnings, operate without excessive dependence on the owner, retain […]
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How to Sell a Business in Florida: A Step-by-Step Guide for Business Owners
How to Sell a Business in Florida: A Step-by-Step Guide for Business Owners By Bruce Pockrandt, CBIManaging Broker, Truforte Business Group Selling a business in Florida can be one of the most important financial decisions a business owner will ever make. For many entrepreneurs, the business represents years or even decades of hard work, personal sacrifice, relationships, and accumulated value. Yet many owners spend […]
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Starting a Business in Home Health Care
Many individuals are considering other possibilities for the next stage of their careers at this time as the global work market continues to shift quickly and unexpectedly. Home health care makes sense for people looking to create their own company or buy a franchise. People are becoming more aware of the possibility for in-home health care enterprises as demand rises. There is a genuine […]
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How to Sell a Software Company
You labored arduously to create a powerful, prosperous software firm from the ground up with only an idea and a few excellent individuals. You now want to benefit from your labor of love and advance to more and better things. Or maybe you’ve received some excellent bids for your business and want to ensure you manage the sale of the business expertly. Selling a […]
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Suggestions for Promoting Your Real Estate Business
The market for luxury real estate is rising in several places, including Sarasota and Naples in Florida, Hilton Head in South Carolina, South Hampton in New York, Austin in Texas, Prescott in Arizona, San Luis Obispo in California, and many more. High-end market purchasers, especially well-off members of Generation X and Baby Boomer searching for second and third homes as well as millennials with […]
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8 Things to Look at When Buying an Accounting Business in Florida
Whether you are looking to expand your current practice with a strategic acquisition or are looking to start fresh by purchasing a new business, there are important factors to consider. Not every accounting practice will fit what you are looking for, making it essential to fully analyze a company before making a decision. Here are 8 things to look at when buying an accounting […]
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5 Pointers for Launching a Food and Drink Company
Starting a food company may be a huge choice. There is a lot to prepare for, and starting it up requires a lot of effort. But it may also be quite financially and professionally rewarding. Following are some suggestions to get you started if you believe you have what it takes to develop a successful food and beverage company, including the passion and drive: […]
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How Should a Digital Marketing Agency Be Valued Before Being Sold
Since the COVID-19 epidemic, online commerce has become increasingly more important to the global economy. This indicates that digital marketing companies, which support online businesses by generating more leads and revenues, are also here to stay and will appreciate in value. What factors do you consider when determining the worth of a digital marketing agency? How can you sell it for the most money […]
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Tips for Marketing Moving Companies
Advertising your company is more crucial than ever for business success in the digital age and developing a good online presence can be key to selling the business in the future. Online communities are posing a threat to word of mouth, so having a solid marketing plan may expand your clientele and raise sales for your business. I’ve outlined the absolutely necessary actions a […]
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Advice for Novice Buyers Who Want to Buy a Business
If you have the drive to be entrepreneurial, you may wish to launch a new company. However, it’s not your only choice. The possibility to buy an established company exists. The process of purchasing an existing firm is exciting and challenging, much like starting anything new. To get the best results, there are certain faults to avoid and pieces of advice to follow. #1: […]
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