Orlando Business Broker Michael Shea
Good Morning Orlando just a quick 10-minute blast on what traits I think make a business valuable and sustainable. If you are thinking of selling your business give me a call at 321 287 0349 or visit my website
Statistics for Business Sellers to Consider
More Stats for Business Sellers to Consider April 15, 2015 by Michael Shea PA My last two posts to the blog have been on the inventory deficit we see here in Central Florida and the strange phenomenon we are encountering in the market here where inventory (businesses for sale) is at a 5 year low. If you have read my posts there is a pending transfer of wealth somewhere on the horizon. Some 10,000,000 businesses will sell or close their doors over the next 10 years and only about 30% of that number have any idea of how to sell, transfer successfully, or maximize the value of their business. This recent Article by CNBC http://www.cnbc.com/id/102523395 is an alarming wake up call to sellers. Just as alarming is that sellers are seemingly unaware that their business sale and the dynamics of the transaction fall victim to the law of supply and demand. If, as i report inventory is at an all time low, and if this pending wave of sellers (age 65 and up) are about to enter ...
Comments
Post a Comment