Case Study: Verbal Agreements vs. Written Contracts in a Business Sale
Case Study: Verbal Agreements vs. Written Contracts in a Business Sale Why Written Service Agreements Protect Value When You Sell Many service-based businesses run for years on trust and handshake deals. That approach can work fine day to day, but it creates real problems when it’s time to sell. The following fictional case study compares two similar Florida landscaping companies, one with written service […]
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Confidentially Advertising a Florida Business for Sale
Contacting a Florida Business Broker is the best place to start whether you would like to advertise a Florida business for sale or buy a Florida business. For the seller, hiring a Business Broker to handle the sale of the business, allows the seller to continue with the operation of the business while the Broker performs the task of advertising the business for sale, […]
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Case Study: How Employee Retention Increased Business Value
Case Study: How Employee Retention Increased Business Value Why Buyers Pay a Premium for a Stable, Loyal Team When buyers evaluate a business, they are not just buying equipment and customer lists, they are buying the team that keeps everything running. The following fictional case study compares two similar Florida companies, one with constant staff turnover and one with a loyal management team, to […]
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Case Study: The Impact of Seller Financing on a Business Sale
Case Study: The Impact of Seller Financing on a Business Sale Why a Seller Note Can Attract More Buyers and a Higher Price Many owners assume that requiring an all-cash offer is the safest way to sell. In practice, refusing any seller financing can shrink the buyer pool and reduce the final price. The following fictional case study compares two similar Florida businesses, one […]
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What Happens During Due Diligence?
One of the most important stages of any business sale is due diligence. After a buyer expresses serious interest and both parties agree on preliminary terms, the buyer begins a thorough review of the business to verify information, identify risks, and confirm the value of the opportunity. Understanding what happens during due diligence can help both buyers and sellers prepare for the process and […]
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Case Study: How Owner Dependence Reduced the Sale Price
Case Study: How Owner Dependence Reduced the Sale Price Why Buyers Pay More When a Business Can Run Without Its Owner One of the first questions a serious buyer asks is simple: what happens to this business if the owner walks away? The following fictional case study compares two Florida companies with similar financial performance, one run almost entirely by a management team and […]
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5 Tips to Sell Your Business in Florida
Selling a company is a complex process that often takes a long time complete. Selling your company hurriedly is usually not a good idea because there are many risks and pitfalls along the way you want to avoid. We recommend you start the preparations in time and be patient during the process. 2. Have the right people around you Most entrepreneurs are deeply involved […]
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5 Things To Do Before Selling Your Business
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 Valuation Is Important During a Company Acquisition
Are you planning to buy a Florida business? There is a lot to consider. First of all, you need to have a clear idea of why you want to buy an existing business. There are plenty of reasons for this, but what do you want to achieve with this? An existing company has history, an established brand image, and a customer base. Studies show […]
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How Hiring a Business Broker Will Help You Get the Best Deal For Your Business
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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5 Things to Consider When Buying a Business
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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Selling a Business in Florida: What You Should Know
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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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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