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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How to Make Your Business More Attractive to Potential Buyers
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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Diverse Business Opportunities In Naples FL
If you’re searching for a business for sale in Naples, FL, get ready to embrace a city known for its sunny disposition and vibrant lifestyle. For the third consecutive year, Naples has been named the happiest and healthiest place in the U.S., making it a prime location for entrepreneurs looking to invest in a thriving community. If you are searching for a business for […]
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What Is Your Company in Florida Worth
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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Business for Sale Tampa Has a Cigar
If you have a business for sale Tampa, it probably evolved from the “Cigar Capital of the World” where entrepreneurs like Vicente Martinez Ybor and Hugh MacFarlane set up cigar-centric enterprises in the early 20th Century, turning a sleepy town descending from an army fort into the bustling metropolis of Tampa-St. Petersburg-Clearwater Metropolitan Statistical area of 3.1 million residents today. With vibrant Latin communities […]
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