Your Orlando Florida Business Broker

The Frustrations of Buying A Business January 23, 2018  by  Michael Shea PA Time and Time again I have met buyers who are encountering  frustrations  in the buying of a business. The reasons vary from buyer to buyer but if I may let me offer some specifics to the buying process as it relates to the Orlando Florida and Kissimmee Markets. 1. First thing, recognize t that there is a market and there is competition. Orlando is one of the few places where there are outside factors like immigration buyers that impact the purchase process. Buyers of businesses looking for visas have additional concerns like steady cash flow, simplicity, need for home-based businesses, and the ever-present concern of the target meeting the needs of the USCIS for E2 investor Visa’s 2. How you did things in your country or state or in your past professional life will not dictate the process here on the ground. There are outlined and defined processes here. Choosing to accept them a...

Let's get one thing straight right now.   If you are  looking for  the perfect business, stop looking, it doesn't exist.   And if you really want to buy a business you need to settle!  That's right buying a business is a lot like being in a bar at 2am...ponder on that for a moment.   Seriously all businesses have their drawbacks, risks, pain points, skeletons in the closet and warts.     Your job is to find them all, understand them completely, decide if you can manage them and if they will stop you from buying. Let look at some of the business attributes you will want to rate: Income - This is my number 1 concern.   You are not buying a hobby, you want to buy a future  income stream.    So you want to know if it is provable, sustainable, and can you grow it. Length in business  - I love businesses that have been around for more than 5-10 years.   You should too.   Cu...