The sale of a company is often not given the attention it deserves as a major strategic project, which leads to avoidable mistakes. Some businesses that are put up for sale in Florida are for reasons of age. Other motives such as strategic changes or conflicts among partners also play a role in the sale of businesses. A large number of these transactions succeed […]
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The value of a company in Florida, beyond the emotional and emotional factors that bind us to it, depends on many elements that must be taken into consideration in the negotiation phase. Each company is made up of tangible and intangible assets, relationships with staff and customers, active and passive staff roles, and the tactics and strategies used by the business owner to achieve […]
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Being an entrepreneur in Florida is certainly not an easy job, and it is full of anxieties and worries that can make you want to sell your business and change your working life. Other times, however, entrepreneurs start businesses with the sole aim of selling them for a fair profit. This is common in many sectors and is a great way to launch new […]
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Florida Business Brokers use a number of different methods for determining the value of a Florida business for sale. Although most Florida Business Brokers are not certified business appraisers, many can provide an “opinion of value” which will use the same basic principles and guidelines as a certified business appraiser. Statistics show that many businesses for sale in Florida never actually end up selling […]
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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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