Alphabet R

Rollover – Business Broker context! Free Value Assessment

In a business sale orchestrated in Jacksonville, Florida, a Business Broker facilitated a deal where the selling shareholders agreed to a rollover arrangement. They retained 30% equity in the business, measured as a percentage of the total equity of the new company. This strategic move not only secured a substantial dollar value of equity for the sellers but also ensured their ongoing involvement and commitment to the business's future success under new ownership.

Representations and Warranties -Business Broker Terms – Free Consult

In a HVAC and Plumbing business transaction in Fort Myers, Florida, a Business Broker facilitated the drafting of a purchase and sale agreement that included detailed representations and warranties. These clauses assured the buyer that all provided information about the business, such as financial statements and legal compliance, was accurate and true. The agreement also specified the remedies available to the buyer, including potential compensation, should any of these assurances prove to be false or inaccurate after the sale was completed. This safeguarded the buyer's investment and contributed to a transparent and trustworthy transaction process. - [ ] Always check with a qualified attorney when unsure

Release -Business Broker Terms – Free Consult

In a business sale in Orlando, Florida, a Business Broker facilitated a situation where the seller agreed to a release as part of the transaction terms. This release involved the seller relinquishing their right to pursue any future claims related to undisclosed liabilities of the business up to the point of sale. This agreement was crucial in ensuring that the buyer could proceed with the acquisition without the risk of future legal entanglements from prior business activities. - Always check with a qualified attorney when unsure

Referror – Business Broker Terms – Free Consult

Example: In Fort Lauderdale, Florida, a Business Broker acted as a referror by introducing a potential buyer to a seller of a high-end on-line retail store. This initial introduction by the referror was instrumental in establishing a new client relationship that ultimately led to a successful business transaction, showcasing the vital role of networking and referrals in the business brokerage industry.

Referring Business Broker -Legacy Venture Group

In Miami, Florida, a Referring Business Broker played a pivotal role in a Contractor business sale by providing the initial introduction between a tech startup looking to expand through acquisition and a smaller competitor. This introduction led to a client relationship that culminated in a strategic acquisition, demonstrating the crucial function of a Referring Business Broker in facilitating connections that drive business growth and consolidation.

Referree – Business Broker terms! Free Value Assessment

In Naples, Florida, a Business Broker acted as a referee by receiving introductory information from another broker about a family-owned restaurant looking to sell. This connection led to a successful client relationship where the referee broker managed the entire sales process, culminating in a beneficial transaction for both the buyer and the seller, highlighting the value of well-connected brokers in the business brokerage industry.