Capitalizing an asset means recording it as a long-term investment on the balance sheet rather than treating it as an expense on the income statement. This applies to leased equipment, machinery, vehicles, or other assets that a company acquires under…
Depreciation: Owner’s Financial Statement vs. Recast (Economic) Financial Statement Depreciation appears on both an owner’s financial statement and a recast (economic) financial statement, but its purpose and impact differ depending on the context. 1. Depreciation on the Owner’s Financial Statement…
For aspiring entrepreneurs looking to acquire a business, one of the most common questions is: What’s a good business to buy? The answer is not as straightforward as many would hope. There is no one-size-fits-all business that is perfect for…
Why Working Capital Matters When Selling Your HVAC Business: A Guide for Business Owners When selling an HVAC company, determining the appropriate working capital is a crucial factor that directly impacts the sale price, buyer confidence, and business continuity.…
Discover the Freedom of Owning Your Own Business with Tampa Business Broker Legacy Venture Group If you’ve ever dreamed of owning your own business, you’re not alone. Every year, we hear from individuals eager to take control of their futures…
Introducing Brian Stephens: Championing Legacies and Entrepreneurship For over 20 years, Brian Stephens has been a driving force in Florida’s business community, empowering entrepreneurs to turn their dreams into legacies. As a Florida Business Broker and expert in business valuation,…
Preparing for a Business Exit: Why Financial Presentation Matters As a business owner, planning your business exit is essential—even if it’s years away. While I’m not a financial advisor or accountant, my two decades of experience as a Florida Business…
New Tool for Florida Real Estate Professionals Just Out Why Diversifying Your Real Estate Expertise Matters The real estate market can feel like a “red ocean,” especially in residential sales. Too many agents chasing too few deals can lead to…
Key Takeaways from the Plumbing and Heating Supplies Wholesaling Industry The Plumbing and Heating Supplies Wholesaling industry has shown resilience and growth over the past five years. This sector, which supplies essential plumbing and heating components to contractors and construction…
Building Value, Preserving Legacy: How Legacy Venture Group Serves Florida’s Construction Business Owners Demand for construction businesses with revenues between $2 million and $50 million has remained strong, even through economic fluctuations and interest rate hikes. With third-quarter 2024 data…
Why Using a Qualified M&A Broker or Business Broker is Essential for Selling Your Business Selling a business is a complex, high-stakes process that requires expertise, experience, and meticulous planning. While it’s technically possible to sell a business on your…
The Benefits of Buying an Existing Medical Billing Company As healthcare spending in the U.S. continues to rise, medical billing companies are poised for significant growth. With health insurance reimbursement policies becoming more complex, the demand for billing services is…