Russel Cohen

Russell Cohen

Russell Cohen
Blog Details

How To Find Miami Businesses For Sale Opportunities

February 2012

Finding Miami businesses for sale can be challenging process that requires diligence and exemplary resources to find the best opportunities available. This means that you must have access to the best information which displays a viable familiarity and area market knowledge.

Miami Business Brokers

Business brokers usually know the marketplace well enough so that they know the particulars concerning both buying and selling businesses. They are aware of all of the specific opportunities for sale, including turn-keys, franchises, and other types of opportunities.

In addition, the business broker can connect their clients to a great number of other useful resources, such as small business start-up laws and regulatory compliance information. They usually have access to a database that can help find a South Florida and Miami business for sale. Because they also sell businesses, they can also assist with all of the phases of the sales listing to attain the largest possible return on the business investment.

Business Sale Process

Understanding the Florida business for sale process is crucial for any individual or company planning on selling or buying a business. Being aware of what is involved prevents costly and unpleasant surprises and disappointments – most of which can easily be avoided.

The business valuation process is an important aspect of acquiring or selling businesses. For example:

•Using credible and accurate business records or P & L’s is essential, since this usually minimizes taxes, and which represents the biggest component reflecting actual Florida business for sale worth.

•Refraining from relying upon opinions of accountants and attorneys to determine business value. They are not professional business appraisers, nor do they usually have a close enough relationship with the business. According to the IRS Revenue Ruling 59-60: ”No formula can be devised that will be generally applicable to the multitude of different valuation issues…”

•Use third-party valuation firms that are accredited in Florida business for sale valuation. They can use databases that includes pricing data on both sold and for-sale businesses.

•A completed Florida business for sale valuation will provide buyers, sellers and financial investors with an independent market value. This third-party valuation can reduce haggling and provide credibility.

Working with a Florida business for sale broker can assist with ensuring that the business sales process goes smoothly, and that all of the important aspects are covered adequately. Business brokers can assist current and prospective company owners to successfully acquire, expand and then later monetize their companies.

For additional information or to contact Russell Cohen click on Miami Business For Sale

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