The recent crisis has put many business owners in the position of having to sell their businesses. While it is not always easy to find a buyer willing to take over a business, with the right strategy and expert advice from experienced business brokers, it becomes easier to sell your business and get the right price for it. To ensure a successful sale, you […]
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Why and when to sell a business in Florida Selling a business in Florida, or anywhere else for that matter, is often a complex process from a technical and psychological point of view. To arrive at the definitive decision to sell a business, we suggest a careful analysis of the following three key factors: Your personal situation: One’s personal situation and goals are always […]
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Before taking over a business you must have the fundamental points in mind. Here are some questions you should ask yourself before starting a new business. Why buy an existing business? Many people in Florida believe that to become an entrepreneur they need to start from scratch. This is not true. Taking over a business may be less expensive than starting a new one, […]
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The process of selling a business is long and complex so it is very important to keep a few key factors in mind when you consider selling a business in Florida. In this post we share useful tips for entrepreneurs who are looking to sell their business: Keeping these key factors in mind when you consider selling a business for sale in Florida well […]
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It is important to plan ahead Getting the best possible selling price for a company can be a nerve-wracking and tedious endeavor. But with clever planning and timely preparation of the organization, company owners can often increase the value of their business and make the company more transferable. Below are tips for selling a company to not only ensure a successful transaction and handover […]
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When Determining the Value of a Business There are a number of different methods of company valuation. In this post, we will go into a little more detail about which factors influence the valuation of a company. Many times company values are based on EBITDA. EBITDA is the abbreviation for “Earnings before interest, taxes, depreciation, and amortization” and is a measure of a company’s […]
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Why confidentiality is important during the succession of a company Anyone who deals with corporate succession is faced with the question of which potential buyer is genuine and who can I trust. To ensure the best outcome, Truforte regards discretion as one of the most important success factors in the handover of a company and understands why confidentiality is important during the succession of […]
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What you should know about selling a business in Florida The successful sale of a company is one of the most common challenges in the corporate world and depends on various internal and external factors. There is always an estimated market value of a business depending on the industry, products/services offered, company size, or location. When selling your own company, is it all about […]
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Consider These 5 Things When Buying a Business Buying a business can be an excellent choice and entrepreneurs usually find it is much easier to buy a business than start one from scratch. It has been said that starting a business from scratch is one of the hardest things someone can do, and most business owners who have started a business know just how […]
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5 Things To Do Before Selling Your Business Before selling your business, many things need to be done to have a smooth sailing transaction. While it’s exciting to think about what your business is worth, addressing these 5 things to do before selling your business will help get you on your way. Here we have outlined five critical steps that you should follow before […]
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Why should you buy a business as an investment? Businesses, both large and small, are a significant investment vehicle for many investors. After reading this list of five reasons to buy a business as an investment, you will see why. 1. Hands on control of investment risk Unlike the stock market, buying a privately held company can often give buyers better control over the […]
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Valuing your small business can be an overwhelming task to take on by yourself. Going through all the documents, financials, and other items needed are not always available, nor are they necessarily easy to understand if you have them at your disposal. With small business accounting software becoming more prevalent, it is easier than ever to get a hold of this data about your […]
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Buying an already established business has been an idea you have entertained for some time now but have trouble making the first step? After all, how do you know if the business you wish to invest in is the right fit for you? These and many other thoughts are an overwhelming but perfectly natural response to an unfamiliar situation that can make or break […]
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Buying an existing business has 3 key advantages. In fact, experts claim that you have more chances of success if you invest your finances and energy into an existing business rather than building your own from scratch. Florida is the perfect spot for buying an already existing business for many reasons. There are many already established companies with loyal clientele who could sell for […]
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Buying a business can be the best investment but it is important to learn what you need to know before buying a business in Florida. You have made so far but it could also mean that you fall victim to a scam or purchase a company that is deep in debt. How would you know which business to buy if you have limited knowledge […]
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Hiring a Business Broker You are a business owner who wants to sell your business but has limited time or knowledge (or both) to seek out the perfect deal hiring a Business Broker is probably the best answer for you. It’s easy to underestimate the value of your brand and sell it for short if you have little background in understanding the market. To […]
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