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Guide to Developing an Exit Plan for Your Business
Guide to Developing an Exit Plan for Your Business As a business owner, you are sometimes forced to make tough decisions. And one of the most challenging decisions you can make is to close down your business. Whether it is a part of a long-term plan or a decision forced on you by circumstance, closing down…
Read More6 Signs It’s Time to Sell Your Business
6 Signs It’s Time to Sell Your Business If you’d ask serial entrepreneurs what it’s like to build up companies for sale over and over again, they’d tell you it’s rewarding on multiple levels. If you’d ask the same question to an owner of a family business, they’d see the sale as their greatest possible…
Read MoreAdvantages and Disadvantages of Buying a Franchise
Advantages and Disadvantages of Buying a Franchise Starting a new commercial venture from the ground up can be very difficult. It usually starts with doing a lot of research and composing a business plan. Even if that goes well, it can still be a struggle to promote your business and attract customers. This is why…
Read MoreThe Best Commercial Investment Sectors
Best Commercial Investment Sectors Industrial Real Estate – The No.1 Commercial Investment Sector The ugly duckling has become a prime real estate investment assuming the first position on the list of most sought-after commercial properties. Their popularity is evident given the massive shortage we have seen lately. The leading cause of this lack of warehousing…
Read MoreMistakes to Avoid When Buying a Business
Purchasing a business is a great way to get your foot in the door of professional entrepreneurship. What’s best is that someone already did the hard work and built the business from the ground up. Buying a business can also be attractive to those who already own a company and are just looking to…
Read MoreE.B.I.T.D.A. is Oftentimes Misunderstood
As a Business Broker, I see the term E.B.I.T.D.A. being confused with Net Cash Flow. Earnings Before Interest, Tax, Depreciation, & Amortization only tells part of the story, as it does not consider the owner’s salary or qualifiable add-backs, such as the Mercedes Benz the owner is driving. Two (2) identical businesses can have huge…
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