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Showing posts from 2019
Landscaping Industry
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Here in Florida the Landscaping Industry represents a solid opportunity for buyers and current operators to enter a scalable and highly profitable industry with tons of verticals and channels. The Green Industry is a great first time industry for an entrepreneur to enter a industry with a low barrier of entry and scale and then flip. For a free valuation on your lawn service contact me at 321-287-0349 or visit www.yourfloridabusinessbroker.com .
Franchise Your Business with Transworld Business Advisors
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5 Steps to Selling My Business In Orlando Florida
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5 Steps To Sell My Business for the Best Price October 8, 2019 by Michael Shea PA (Edit) As Orlando’s Largest Business Broker we are often asked “How do I sell my business for the best price?” This short article will lay out five focus points for you to laser in on to get the best price for your business when you decide to sell your business. Step 1 – Maintain Good Books and Records: The single most important factor when buyers analyze a business or a banker looks to finance an acquisition is the quality and orderliness of the books and records. Unreported cash, failure to use automated book keeping software, and frankly shady accounting practices are the primary driver of a business failing to sell. So in short…get your stuff in order and do not play games because the only person you are hurting is yourself. Step 2 – Price it Right: Year after Year we analyze business sales in the Orlando Florida Market and over and over we see businesses listing at o...
New Vacation Rental Management Company In Disney Area For Sale
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Selling A Orlando Business with Transworld & Michael Shea P.A.
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Business Buyers Partner With An Advisor Not Just A Broker
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Young Entreprenuers: Something All Business Owners Should Listen To
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BBF Awards 2018 For Selling Businesses in Orlando Florida
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Timing Your Business Sale....Speed and Variables Matter
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Timing Your Business Sale: The Exit May 2, 2019 by Michael Shea PA (Edit) Timing the sale of your business is critical. All too often when a business owner considers selling their business, the fail to factor the time it takes to sell and the variables associated with their business. So the purpose of this blog is to set some expectations and give business owners some time considerations as well as some other factors that impact a deal. How Long Does It Take To Sell A Business How Long Does It Take To Sell A Business? The National Average is 8 to 12 months. I have sold one in as little as 5 days but that is far from normal. Why so long? Well lots of reasons ranging from overpricing, bank qualification, immigration delays, interest rate changes, due diligence discovery issues, and a million others. Also, keep in mind there are seasons to things both in the short term (summer, fall, holidays) and the long term (election years, Brexit, recessions). As a busin...
10 Questions to ask a Business Broker prior to engaging them
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What records are you going to need from me to help sell my business
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How do I know that the profit figures that the sellers claim are true
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I have a long term lease with my landlord Am I going to be able to tran...
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Where can I go to look at what businesses are available to buy
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What is an E 2 treaty investment visa and how do I obtain one
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Do I need an attorney and an accountant to sell a company
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Do I need an attorney and an accountant to buy a business
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I have a long term lease with my landlord Am I going to be able to tran...
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How do I know that the profit figures that the sellers claim are true
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I have taken cash out of my company and not recorded it in my valuation ...
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I own the property where my company is located Do I have to sell that a...
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How do I know that the profit figures that the sellers claim are true
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Do I need an attorney and an accountant to sell a company
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Where can I go to look at what businesses are available to buy
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How can I prevent my employees, my customers and my vendors from knowing...
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What are the most important things that I can do to get my business read...
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What are the most important things to do to get your business ready to sell? Planning your exit from your business means getting your arms wrapped around a dynamic market place where buyers are both local and international and they have different needs and wants. Those needs and wants will move and impact the value of your business in their mind and as such the marketplace. Your opinion doesn't matter so preparation for the market demand is vital. 1. Get your books and Records in Order: File your taxes, reconcile your bookkeeping software to the bank statements 2. Clean up the place...we don't mean spic and span but get rid of the junk or the stuff that can distract a buyer from a business 3. Remove personal items not included from the location and the financials....again make it clean 4. Organize the business. Have an org chart, job descriptions, defined roles. 5. SWOT Analysis on yourself and address issues These are just some of the issues you need to address ...
What records are you going to need from me to help sell my business
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Buying A Vacation Rental Management Company in Orlando Florida
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Flipping Businesses is A THING ....and a HUGE OPPORTUNITY
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Step 3 Education Buying A Business In Florida with Michael Shea PA Your...
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Being Phyiscaly Fit has real benefits to business performance
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Episode 4: How much is a business worth? with Andy Cagnetta and Jessica ...
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Episode 21: How World Events Affect Small Business Owners with Andy Cagn...
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Episode 21: How World Events Affect Small Business Owners with Andy Cagn...
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The proof is in the numbers and what our customers say
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Just Because the other guy does not see it, Does not mean it’s not real
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10 Questions to ask a Business Broker prior to engaging them
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The green industry has some of the strongest profit margins of any servi...
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Did You Know That Every Listings Gets a Unique Marketing Video Created F...
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Did You Know That Every Listings Gets a Unique Marketing Video Created F...
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New Listing of 50-year-old business in Florida. Maker of custom signage,...
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Episode 3: Landlords in a Heated Market with Jessica Fialkovich and Andy...
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Episode 10: Transition your Business into a Franchise with Andrew Cagnet...
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Episode 8: How Books and Records Affect Deals with Andy Cagnetta and Jes...
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Episode 17: Buying a Business with Andy Cagnetta and Jessica Fialkovich
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Episode 4: How much is a business worth? with Andy Cagnetta and Jessica ...
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Episode 2: Landlord Issues In The Commercial Real Estate Market
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Episode 1: Selling or Buying a Business with Andy Cagnetta and Jessica F...
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Episode 11: Distressed Businesses with Andy Cagnette and Jessica Fialkovich
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Step 1 to Buying A Business In Florida with Michael Shea of Transworld B...
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Flipping Businesses is A THING ....and a HUGE OPPORTUNITY
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Here is a scary statistic. 90% of all business buyers never ever complete a sale. The reasons for this are somewhat murky but in simplicty, it largely is a function of lack of education and a failure to follow a process. Buying a business is a major financial decision and investment and should be approached with the same seriousness you would take in any other major investment. You should get educated, secure professional advice from trusted advisors, and be realistic about your expectations and the outcomes. With the internet we have a double edged sword. Resources are now available to consumers which provide them with tons of information and advice. However, there are also legions of “experts” and conflicting data that can take a prospective entrepreneur down a rabbit hole of confusion and disappointment. We recommend a solid 8 step process that is logical, affords you protections and results in a positve outcome if you follow the process step by step and do not bypass the...