Most business buyers and sellers are wondering what 2021 and beyond will bring. BizBuySell and BizQuest President Bob House provided a range of insights stemming from BizBuySell’s 3rd Quarter Insight Report and a survey of over 2,300 business owners. The simple fact is that the pandemic...
Goodwill is a term that might cause a little confusion for some. But at its heart, it is a relatively straight-forward concept. Goodwill is generally viewed as a term that encapsulates everything from a business’s reputation to the goods, services and products it provides. The...
For every reason that a pending sale of a business collapses, there is a positive reason why the sale closed successfully. What does it take for the sale of a business to close successfully? Certainly there are reasons that a sale might not close that...
There is a direct relationship between the asking price and the amount of cash on the table at the time of the sale. Buyers and sellers alike should keep one fact in mind. Most businesses involve some level of seller financing. It is customary for...
Only a small percentage of the population is able to go through life without using some form of financing at some point. Most people have little choice but to finance everything from their home and car purchases to their college education. Now, with that stated,...
If you are looking to buy a business or sell a business, this article by Basi, Basi and Associates is an essential read. The following is a copy of their article but is totally relevant and shared by Legacy Business Brokers effective November 3, 2020. Always...
Si está buscando comprar un negocio en Tampa o comprar un negocio en Florida, investigar las leyes y los requisitos de licencia antes de comenzar su búsqueda le dará una ventaja decisiva. A veces, encontrará un negocio de interés que requiere una licencia que puede...
If you are looking to buy a business in Tampa or buy a business in Florida, researching the laws and licensing requirements before you start your search will give you a decisive advantage. Sometimes you will find a business of interest that requires a license...
Sellers are just like everyone else in that they can make mistakes. In this article, we’ll explore some of the most common mistakes that we see along with some of the repercussions. 1. Not Seeing the Buyer’s Point of View The first major mistake that sellers make...
Selling a business isn’t always 100% about the price. It is not like selling a house where typically the most important factor is who places the highest offer. In the end, if the seller is to achieve the most optimal results, there are other variables...
