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JUST CLOSED
Just closed a $2,500,000 transaction, Niche Glass Processing business in Fort Lauderdale. Happy New Year.
Avoid Sticker Shock When You Sell Your Business
I find that most often, business owners have no idea what the value of their business is, when they get around to selling. Friends, relatives all have an option, most of their options have nothing to do with reality of the market. When sellers like this find out what...
JUST ENGAGED: Medical Lab with Owner Benefit of $9,080,191
Medical Lab $9 Million Cash Flow 2019, Sales up 30% 2020 - Covid-19 Testing, Drugs of Abuse, Working with Clinics and Personal Injury Attys Gross Income 2019 $12,296,262 Cash Flow: ...
Five housekeeping tips to take long before you are ready to sell your business
Author Stephen R. Covey in his book "The 7 Habits of Highly Effective People" says in habit #2 “Begin with the end in mind” Key employees, when you hire them or at the earliest opportunity, have them sign a non-solicitation, non-disclosure agreement which would be...
Cleaning up your financials is a MUST if you want to sell your business
A little thought and planning now, will increase the value of your business and make it financeable by a bank. The most important step is having accurate financial records. If you do not use QuickBooks or have a service that prepares you financial statements, invest...
Five Must Do Steps to Get Ready to Sell Your Business
A little thought and planning now, will increase the value of your business and make it financeable by a bank. 1. The most important step Have accurate financial records. If you do not use QuickBooks or have a service that prepares you financial...
Just Closed a Niche Wholesale Trading Business, $26 Million of Annual Sales
42 years in business, running inventory of $2 million, sold for $2.5 million, plus inventory of about $1.5 million. Low overhead. Was able to get the transaction funded using the COVID-19 Emergency Funding using SBA 7a Guaranteed Loan which the SBA pays the first six...
Now is the Time to Sell – Ask About SBA guaranteed 7a Loans with a buyer making no payments for 1st 6 months
This must be for a start-up loan or an acquisition of an existing business. This is HUGE! If you have thought of selling your business, now is the time, it presents a significant opportunity for a buyer. This program not been offered before and is...
The Ultimate Business Debt Solution
The Article 9 reorganization; Eliminate the majority of business debt - without bankruptcy, without new loans, without any legal messes or attorneys. How It Works When business debt becomes unsupportable or a sale/exit has become impossible, reorganization under...
Thinking about buying a business? Now is the time.
With all the new programs the government has passed, now is the time. While much of the focus of the CARES Act has been on the Paycheck Protection Program, which allocates $349 billion for new SBA loans to cover qualified expenses, the Act contained a key provision...
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