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Fri, Aug 30, 2024Spotting Red Flags: How to Choose the Right Business Broker
Planning the sale of your business is one of the most significant financial decisions you’ll ever make. It's crucial to partner with a business broker who truly understands the complexities of your business and the market. Beware of "listing hunters" who prioritize quick commissions over your best interests. Instead, look for a professional who offers thorough business valuations, conducts detailed market research, and maintains clear, consistent communication.
Your Business Deserves the Best – Take the Next Step Today
Don’t leave your business's future to chance. Ensure you’re partnering with a broker who will prioritize your success and secure the best possible deal for you. Contact George Kanakis today for a complimentary, confidential consultation. Let us guide you through every step of the process with the dedication, expertise, and personalized service your business deserves. Your legacy is worth it.Read More>>
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Mon, Aug 19, 2024
Despite interest rates being at a 20-year high, sales of small businesses are strong, and may continue for years
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Tue, Aug 06, 2024Exit planning is a strategic process that maximizes transferable value in a business. This process involves a comprehensive evaluation of a business owner’s personal and financial goals and determines how to maximize their business’s value to achieve their goals. Beyond optimizing business value, exit planning also offers protection against the five dreaded Ds: divorce, death, disagreements with stakeholders, disability, and distress. By implementing a risk reduction strategy now, business owners can ensure they can exit their business on their terms at any time. It is vital to start exit planning now to allow ample time for preparation and adjustments.Read More>>
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Tue, Jul 23, 2024A common question business owners want answered is how much is my business worth? To accurately estimate a business’s value requires a deep dive into a business’s financials, assets, and additional value factors.Read More>>
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Tue, Jul 16, 2024As a business owner, you have one opportunity to sell your business. Often, your business sale is the primary means of funding your retirement. This is a life event you do not want to take lightly. In this article, Eric Gall shares eleven helpful tips to help prepare your business for sale. Some are very easy to complete, while others may take time and investment to implement; however, each tip will make your business more attractive to buyers and increase its value and the size of your retirement fund. Read More>>
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Tue, Jul 09, 2024On April 23, 2024, the Federal Trade Commission (FTC) issued a landmark ruling that has significant implications for non-compete agreements in business acquisitions. This ruling is a game-changer for businesses and workers alike, as it seeks to promote competition, increase worker mobility, and foster innovation.Read More>>
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Tue, Jul 02, 2024When selling your business, working with a competent and reliable business broker can significantly ease the process and increase the likelihood of a successful sale at the best possible price and terms. Read More>>
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Wed, Jun 26, 2024Business owners have one opportunity to sell their business. Knowing the right questions to ask when hiring a business broker can make a big difference in a business selling in a timely manner and at the best possible price and terms.Read More>>
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Wed, Jun 19, 2024If you are considering moving to the U.S., purchasing a business, and qualify for the E-2 Investor Visa Program, here is a brief outline of the process!Read More>>
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Fri, Jun 14, 2024
Retiring is a process...and if you’re a business owner, there’s an extra step — deciding what’s next for your customers and employees.
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Tue, Jun 11, 2024When it comes time for a business owner to sell their business, most want to receive the best possible price for their business, and rightly so. However, selling a business can be daunting and unfamiliar for most business owners. This is where engaging a business broker can help a business owner achieve the most from their sale.Read More>>
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Thu, Jun 06, 2024Every business is unique, therefore, there is no "one-size-fits-all" transition plan. However, there are some common steps in every transition process.Read More>>
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Tue, Jun 04, 2024When purchasing a business that accepts prepaid services, such as gift cards, deposits, or credits in lieu of refunds, it is imperative to address these pre-paid services in the business purchase agreement to avoid conflict after the sale. Read More>>
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Tue, Jun 04, 2024There is still plenty of activity with business sellers and buyers; however, the market conditions may require adjustments and flexibility to create a mutually beneficial transaction.Read More>>
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Mon, Jun 03, 2024Owning a liquor store in Florida offers potential due to nightlife, tourism, and local demand. Success requires understanding regulations, especially the Quota Liquor License, thorough market analysis, significant financial planning, diligent due diligence, strategic negotiation, and smooth operations transition. Edison Business Advisors can guide you through this complex process.Read More>>
