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Showing posts with the label small

Confidentiality in the Business Sale and Why is it so Important

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A close up of the tab from a confidential file folder. When you are buying or selling a business confidentiality is one of the most important factors.  Now to the novice negotiator, buyer or seller with a lack of experience or understanding of all the things that can go wrong you may find that odd but let me explain. First….the sale of a business is a private matter and the only people who should be involved are those necessary: Buyer, Seller,  Broker  if there is one,  CPA’s , and  Legal Counsel .  That’s it.  No one else has a need to know.  As a seller who spends a lot of time with employees, there is often some emotion and misguided feelings of emotion/loyalty borne out of concern for your staff. But I would charge that to be misguided.  Here is how sellers should look at the deal:  Employees should be focused on their job and job alone.  The sale is to be handled by the players hired to manage the transaction.  Any tim...

5 Steps to Selling Your Business

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Selling a business is rarely an easy decision to make and there can be a great deal of complexities involved in the process. Most importantly, before finding a qualified broker to proceed with the transaction, you’ll need to take several important preliminary steps to prepare yourself and your business. Timing is Everything Selling requires careful planning and Transworld is here to help. We will help you consider the business’s ability to sell, its readiness, and your timing. The old saying that the early bird gets the worm is also true when it comes to selling your businesses. Preparing for the sale as early as possible will help you improve your financial records, business structure, and customer base. These improvements will also ease the transition for the buyer and keep the business running smoothly. Ideally, owners should begin getting their businesses ready to sell before they hope to close a deal, to slowly wean themselves from the day-to-day responsibilities and gett...

How to determine if it is time to sell your business

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As it is with many things in life, timing is everything – especially when determining the right time to sell your business. Transworld presents the following list of questions that will you help determine if you should sell your business. Consider them carefully and answer them honestly: Am I ready to sell? Do I feel more exhaustion or passion when running the business? Could selling the business solve a problem or meet a strategic goal? Do I have the right people in the right positions to lead the company to the next level under new ownership? Will someone appreciate the business enough to buy the business? Do I have a viable business model? Is the timing right to put my business up for sale? Is the market right for me to sell? Do I have, or can I get, a top-notch team to market my business? Is the business ready to sell? Are my financials well-positioned and projected to show profit and growth? Can my business adapt and cope with the changes on the horizon? If you...

Successful absentee breakfast lunch business

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Breakfast, lunch resturaunt 2301-86892 ← Back Request More Information Send Via Email Description 17 year old absentee and profitable breakfast lunch. Ideal E2 business or sole proprietor biz for owner looking to work and further drive the profits. Great records in quickbooks, tight processes and staff. Loyal customers and simple menu make this a solid deal for the established operator or first timer. Contact Agent and Fax NDA – E2 visa doable Listing Details Price:  $185,000 USD Down Payment:  $145,000 USD Gross Revenue:  $286,414 USD Sellers Discretionary Earnings: $63,701 USD Category:  Restaurants, Breakfast Lunch Location:  Volusia, Florida Employees:  10 Years Owned:  17 Inventory:  $35,005 USD FF&E:  $10,000 USD Reason for Selling:  Discuss with Seller Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial ...

Die on Your Sword - Commit to Your Business

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Orlando Business Broker Main navigation ABOUT   SERVICES   ASSISTANCE   BUSINESS SEARCH   BLOG   CONTACT   321-287-0349 Die on Your Sword September 25, 2017  by  Michael Shea PA Recently I picked up on Gary Vanyerchuck and his videos. He is direct, blunt and says things we all think in a vernacular that may offend some but to coin a Gary V phrase “how gives a shit”. Vee’s genius is layered in common man speak and an in your face approach to life that says own your life and your mistakes and go after what you want. His epiphany that you hit the lottery when you were born and that life is short rings true with so many of us entrepreneurs that I think all of you should take five minutes to view his facebook page or his youtube channel. I find many of todays entrepreneurs are hesitant to make decisions and looking for the “perfect” right answer.  So much so that they often times do not make decisions and get r...

4COP Night Club For Sale #sellmybusiness #businessbroker

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Clermont Night Club 2301-85005 ← Back Request More Information Send Via Email Description Full Liquor Licensed Bar with 4cop license. Solid history of revenues. Original owners. Booming area. Great opportunity for experienced operators to expand and grow this successful bar / club. E2 visa doable contact agent and fax NDA Listing Details Price:  $499,000 USD Down Payment:  $499,000 USD Gross Revenue:  $839,544 USD Sellers Discretionary Earnings: $109,000 USD Category:  Liquor Related Biz, Liquor Bar/Lounge, Liquor Nite Club Location:  Lake, Florida Employees:  10 Inventory:  $15,000 USD FF&E:  $500,000 USD Reason for Selling:  Change of Pace Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial real estate. Whether you represent an acquisition-minded corporation, or are personally interested in owning your own company...
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Popular Food Truck Business 2301-84663 ← Back Request More Information Send Via Email Description Successful Food Truck Business that attends special events and evening events. Business comes with all recipes. Established six years generating a large following on social media where customers get updates on the trucks location. Easy to run and will qualify for E2 visa. Seller will finance. Listing Details Price:  $99,000 USD Down Payment:  $89,000 USD Gross Revenue:  $149,081 USD Sellers Discretionary Earnings: $48,198 USD Category:  Restaurants, Concession Stand, Fast Casual, Take Out Only Location:  Orange, Florida Employees:  5 Years Owned:  6 Inventory:  $500 USD FF&E:  $50,000 USD Reason for Selling:  Discuss with Seller https://www.tworld.com/orlando/listings/food-truck-business-for-sale-orange-county/
What Really Matters is Results August 15, 2016  by  Michael Shea PA In the age of big data and the internet and consumers who are easily overwhelmed by data and impressions it is critical for the consumer to judge a professional by results or as they say in the medical profession #outcomes. Does a patient live or die, does a injury heal or have complication? This is what matters. Today I took a quick look at my google ad words account and saw that a new firm had entered into the arena competing for customers. My ad words expense would have to go exponentially high just to stay in the first position with this new player. Funny thing is they are not new. In fact been around several years but never really do much (one or two transactions a year). But it gave me pause to appreciate the genius of Google in creating this bid model and dominance of the search engine. And has caused me to make some ad / marketing investment in my business model but I choose to go the path of...
A,B,C, or D: Exiting a Business is a Multiple Choice Question July 11, 2016  by  Michael Shea PA Saw this great article on our M&A site and thought it worth a read: #orlando #m&a #businessbroker A, B, C, OR D: EXITING YOUR BUSINESS MULTIPLE CHOICE STYLE Roman A. Basi, MBA/Attorney at Law The Center for Financial, Legal & Tax Planning, Inc. How are you going to end the relationship with your business? Believe it or not, that day will come. Fortunately, you have a number of options to plan your exit and watch your legacy continue. Four good, viable options exist to spin off your business. These options involve a) selling to family members, b) selling to a key employee, c) selling to a competitor, or d) selling to an investor. Business succession and exit planning are somewhat different in concept, but will be used synonymously for the purpose of this article. Though containing important differences, succession planning and exit planning will not necessa...