10 Things Every Business Owner Should Consider When Selling Their Business
- Get Organized.
- What Do You Really Make.
- Pick a Price.
- Hire a Business Broker.
- Keep it Quiet.
- Cooperate.
- Become the Bank.
- Keep the Engine Going.
- Read the Fine Print.
- Train Well.
10 Things Every Buyer Should Consider When Buying A Business.
- Understand Your Motivation
- Know Your Budget to Live and Buy
- Know What You’re Good At
- Start Your Search with a Business Broker
- Don’t Fall in Love at First Sight
- Confidentiality is a Must
- Review the Documentation
- Make the Offer
- Do your Homework
- Coffee are for Closer’s
For details on all 10 points, please watch our video.
10 Things We Evaluate For Every Business When Performing Business Strategy Consulting.
- Sales
- Marketing
- Operations
- Finance
- Customer Service
- Technology
- Innovation
- Legal
- Ethics
- Community
For details on all 10 points, please watch our video.
Selling or Buying A Law Practice
- Ethical Compliance
- Determining the Purchase Price
- Due Diligence
- Seller
- Training
- Key Personnel
- Client Base Loyalty
Watch our Video for an explanation of each point.
Keeping It Confidential
Watch our video on why and how “Keeping It Confidential” is extremely important in the selling or buying of a business.
It’s A Team Effort! 10 Advisors for Business Success
- An Accountant
- An Insurance Agent
- A Business Attorney
- A Business Consultant
- A Banker
- A Financial Planner
- An IT Specialist
- A Marketing & PR Specialist
- A Mentor
- A Personal Trainer
Watch our video for the 10 advisors every business should have
8 Reasons Why I Should Use A Business Broker
- How do I price the business
- How do I market my business
- Who is a serious buyer
- Running the business
- Structuring the deal
- The commission is too much
- Keeping the deal together
- I can learn it myself
Watch our video on the 8 reasons why you should use a business broker
What Is The Cost of Using A Business Broker
Contributing to the American Dream through a U S Business Investment Visa
- B-1 Visa
- EB-5 Visa
- L-1A
- E-1/E-2 Visa
Watch our video on the Contributing to the American Dream through a U S Business Investment Visa
12 Different Ways to Finance the Sale and Purchase of A Business
- Friends, Family & Fools
- Personal Savings
- Credit Cards
- Rollovers
- Secured Line of Credit
- Unsecured Line of Credit
- Portfolio Loan
- Peer-to-Peer Lending Networks
- Crowd-Funding
- Traditional Bank Loan
- SBA Loan
- Seller Financing
Watch our video on the 12 Different Ways to Finance the Sale and Purchase of A Business
Accessing the Accountant for Business Success
- Setup and keep your businesses books
- Prepare your business financial statements such as an income statement and balance sheet
- Advise on the permissible tax deductions
- Prepare your tax returns
- Prepare and track your business’s budget
- Perform or defend audits
- Prepare and process payroll
- Create financial forecasts
Watch our video on the Accessing the Accountant for Business Success
Better Banking for Business Success
- Operating and savings accounts
- Access to commercial loans
- Corporate credit cards
- Merchant accounts
- Commercial lines of credit
- Lock box services
- Cash management services
Watch our video on the Better Banking for Business Success
Insuring for Business Success
- General Liability Insurance
- Property Insurance if you own commercial property
- Property Insurance for your business assets
- Business Interruption Insurance
- Commercial Auto Insurance
- Worker’s Compensation Insurance
- Professional Liability Insurance
- Directors and Officers Insurance
- Data Breach Insurance
- Life Insurance
- Health Insurance
- Disability Insurance
- Product Liability Insurance and even
- Terrorism Insurance
Watch our video on the 12 Different Ways to Finance the Sale and Purchase of A Business
Leveraging Lawyers for Business Success
- The business law attorney will help a business from incorporation, to contract drafting, review and negotiations, representing a buyer or seller in a business transaction and other general business matters.
- An Employment Law Attorney for human resource issues, wage disputes and compliance.
- A Commercial Litigation Attorney for either suing or defending lawsuits such as collections or breaches of contract.
- An Intellectual Property Attorney to protect your trademark, patent or trade secrets.
- An Immigration Attorney to ensure I-9 compliance.
- A Real Estate Attorney to review leases or assist in purchasing a property.
- An Insurance Defense Attorney if you are being sued for negligence or product defects.
- A Worker’s Compensation Attorney if you are being sued by an employee because they were injured at work.
- An E-Commerce Attorney to ensure online presence state and federal compliance.
- A Trade Attorney if you are importing or exporting.
- A Bankruptcy Attorney if your business is losing money and the creditors are increasing.
- A Tax Attorney to make sure you are maximizing the state and federal tax code to your businesses’ benefit.
Watch our video on the Leveraging Lawyers for Business Success
Who Can Help Me Buy a U.S. Business and Obtain a U.S. Business Investment Visa
- Who is a U.S. Business Broker? A U.S. Business Broker is typically a licensed professional who specializes in selling businesses and helping people find and buy a business. For example, I am a Florida Licensed Real Estate Broker who specializes in the sale and purchase of businesses. As a business broker I have access to thousands of businesses being sold in Florida and across the U.S. Having worked with countless foreign buyers of U.S. Businesses for the purpose of obtaining a U.S. Business Investment Visa, I know the most important factors that a business should have for Immigration purposes. I work closely with my foreign clients to find them the best possible business fit. I also work closely with the foreign buyer’s U.S. Business Immigration Attorney to make sure the attorney is getting what he needs for a smooth application process.
- Who is a U.S. Business Immigration Attorney? A U.S. Business Immigration Attorney should always be licensed to practice as an attorney in at least one of the states within the U.S. It is absolutely critical that a foreign buyer retain an experienced U.S. Business Immigration Attorney to represent them in the immigration process. A U.S. Business Immigration Attorney will help you determine which type of business investment visa will be best for you and your family. If you have not yet found a US Business Immigration Attorney please contact me for recommendations.
Watch our video on Who Can Help Me Buy a U.S. Business and Obtain a U.S. Business Investment Visa