7 Key Tips For Taking Over a Florida Business
Taking over an existing business in Florida can be an effective strategy to realize your entrepreneurial dreams. However, it is crucial that you get expert advice and follow the right steps. The statistics show that two-thirds of business acquisitions are unsuccessful. It is therefore important that you keep in mind the following tips when looking to buy an existing company in Florida: Keep your […]
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Four Major Factors That Determine the Value of a Company
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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M&A Advisory Services for Florida Business Owners
Not every business sale is a main-street transaction between an individual buyer and seller. As a business grows past a certain size — or as the buyer pool shifts toward private equity groups, strategic acquirers, and institutional investors — the sale process becomes a mergers & acquisitions (M&A) transaction, with more complex deal structures, longer timelines, and higher stakes. Truforte Business Group provides M&A […]
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Florida Franchise Resales: Buying & Selling an Existing Franchise
A franchise resale is the purchase or sale of an existing, already-operating franchise location — as opposed to signing on as a brand-new franchisee and building a location from scratch. For buyers, a resale offers an established customer base, trained staff, and real financial history to evaluate. For sellers, it’s often a faster and more predictable exit than selling an independent business, since the […]
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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 a company. Confidentiality ensures business operations continue running normally, which […]
Read moreUsing an Installment Sale to Reduce Taxes on a Business Sale
Most business owners assume a sale means receiving the full purchase price at closing. An installment sale — where the buyer pays over time rather than in a single lump sum — is a common alternative that can affect both cash flow and tax timing. How an Installment Sale Works In an installment sale, the seller receives payments over two or more tax years, […]
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Don’t Miss Selling a Business in Florida While the Market is Hot
Due to demographic and generational changes at work in the sunshine state, statistics show there is no better time to explore selling a business in Florida. In Florida and elsewhere, market gyrations make selling a business ideal. Deals are happening and financially sound businesses are being snapped up. The selling climate is as a hot as a steamy summer day. Consider: $10 trillion worth […]
Read moreAsset Sale vs. Stock Sale: The Tax Impact for Sellers
The decision between an asset sale and a stock sale is one of the most consequential in structuring a business transaction — and sellers and buyers frequently want opposite structures for tax reasons. Note: the buyer-facing basics of asset vs. stock sales are covered in Asset Purchase vs. Stock Purchase Explained. This article focuses specifically on the tax impact for sellers. Why Buyers Prefer […]
Read moreCapital Gains Tax When Selling a Business in Florida
One advantage Florida business owners have when selling is the absence of a state income tax — but federal capital gains tax still applies to most business sale proceeds, and how much you owe depends heavily on how the sale is structured. How Capital Gains Tax Works in a Business Sale When you sell a business, the portion of the sale price allocated to […]
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Common Mistakes to Avoid When Selling a Business in Florida
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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How Truforte Keeps Your Business Sale Confidential
For most business owners, confidentiality isn’t optional — it’s essential. Employees who learn a sale is underway may look for other jobs. Customers may worry about continuity. Competitors may use the news to poach accounts. A poorly managed sale process can damage the very business you’re trying to sell before the deal ever closes. At Truforte Business Group, confidential marketing has been part of […]
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Here’s How to Sell Your Business in Florida
How to sell your business in Florida? What is the best way of going about it? You can follow the easy steps shown below to get a great deal on arguably the most important transaction of your life. Consultation Get in touch with a business brokerage. This is, after all, the biggest transaction of your life you are talking about. It is always more […]
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Top Three Methods for Determining Value of a Florida Business for Sale
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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Business Broker Reviews Bat .400
When looking at business broker reviews, check out a hitter who is batting .400 over the season. Yes, the baseball playoffs have started … We compare a baseball slugger’s number of hits over the number of bats to the reviews of a business broker in Southwest Florida. What is a Business Broker Exactly? But first, we slide into the mechanics of the game and […]
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Case Study: The Business That Waited Too Long to Sell
Case Study: The Business That Waited Too Long to Sell How the Timing of a Sale Changes Valuation, Buyer Interest, and Deal Terms Every business owner eventually asks the same question: when is the right time to sell? Many assume they can wait until they are “completely ready,” but readiness and market timing rarely arrive on the same schedule. The following fictional case study […]
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Business for Sale Ft. Myers Florida Wears the Crown
Looking for a business for sale Ft. Myers Florida? Well, get in line and consider yourself lucky that you’re in a place that is winning all the beauty contests! Fort Myers is winning national accolades for its desirability for young and old, single and married and generally all kinds of people who are attracted to the City of Palm’s affordability, alluring climate and assortment […]
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