Wednesday, December 13, 2017

Buying a Water Sports Business in Sarasota

The city of Sarasota (population of 53,326), definitely has a lot going for it, in the tourism department. First and foremost, are its awesome beaches that are actually renowned all over the country make for an ideal environment for buying a water sports business.

Water Sports Business for Sale in Sarasota
The city of Sarasota is located in the well-known tourist hub of the famous Tampa Bay Area.
Its main claim to fame and tourist attraction is its scenic Sarasota Bay that also includes adjacent barrier reef islands that are ideally located between the bay and the adjoining Gulf of Mexico. Indeed, these barrier islands are a veritable tourist magnet that draw visitors from every part of the world, thanks to the pristine whiteness of their exquisite sandy beaches. By far and large, the two most popular beached would be the well named “Siesta Beach” and the “Lido Beach.”
Actually, these beaches are in reality the islands that basically separate the Gulf of Mexico with the main Sarasota Bay area.

Siesta beach is so called, because the soothing sound of the waves gently lapping the shoreline has an almost hypnotic effect and can easily put a person to sleep.
"Siesta Beach in Sarasota boasts that it has the finest and whitest sand in the world, and I cannot argue with this claim; the powdery sand is nearly pure quartz crystal.  The beautiful blue-colored water is clean and clear, making it so inviting to bathers and swimmers. "
Dr. Beach

However, many people who go there do so because they want to have fun rather than snooze their day away. This is why it us an ideal spot for  a water sports business.

The Sarasota coastline is naturally endowed with a wide range of aquatic flora and fauna that makes a great hot spot for people who are into diving and snorkeling. They can explore the wondrous underwater world to their heart’s content.

Apart from that, the reasonably calm shoreline makes for a great paragliding and parasailing experience for people who really want to fly. And a water sports business such as that is not that difficult to operate up either. Once a few good employees and you have people who are  properly licensed and experienced water sports professionals along with some equipment and a few good speed boats that you will usually find would be included in such a Sarasota water sports business for sale, you will be good to go.

Apart from that, you can also opt for a few water jets ski’s so that people can really experience the waves up close. You can even set up a fishing excursion in Sarasota as well. For anglers, there is no dearth of large game fish in the ocean and provided you have provided the right equipment, anglers are sure to flock to Sarasota to get hold of that coveted ‘prize catch.’

The city of Sarasota is the ideal playing ground for tourists who are in love with water sports, both underwater and above it so taking advantage of that by buying a water sports business in Sarasota is sure to be an ideal advantage for any entrepreneur who enjoys water sports.

Friday, December 1, 2017

Buying a Business in Florida with an SBA Loan

Before understanding precisely how SBA loans and their overall application process works with buying a business in Florida, it would be pertinent to note that an SBA loans can be a great way to leverage cash flow which may otherwise be unobtainable.

o   The 504 loan

This loan is often colloquially referred to as the “SBA 504 Loan” or the more common term “The
Buying a Florida Business with an SBA Loan
US Small Business Administration 504 Loan”. In a nutshell, this vast loan program has been essentially created with the purpose of helping any of a number of eligible business entities to be able to procure all necessary financial assistance, in order to acquire both fixed and capital assets. These may include different types of machinery and building structures, along with real estate.  As a rule, these SBA loans are generally given to the applicant at rates considerably below the market at any specific point in time.

The core purpose here is to ensure that the daily business activities (along with their ancillary expansion plans) may well be conducted in a smooth manner and without any significant cutbacks that may ensue due to lack of funds in case of a running business that is already operational.
A point to be noted here is that the SBA loan is able to offer a large number of highly structured but quite different loan options that may have been tailor-made in a bid to suit the specific and precise ‘capital needs’ of both small and medium business entities.

It is also important to understand the fundamental difference between ‘operational vs. capital’ cash flow needs since the latter is usually more often concerned with the more longer term or in other words, fixed assets as opposed to the simpler operational assets. Such capital injections may be acquired for the purpose of purchasing expensive machines at a manufacturing plant, for instance.
However, it will not mean that the SBA loan could be randomly taken simply to pay the monthly salaries of the staff or the electricity bill of any particular machine that may be part of the manufacturing plant, even if the plant itself may have been set up with the help of an SBA loan in the first place. 

The entire program works through the networked distribution of the 504 loan where various parties are involved. Many banks have their own guidelines which are specific to each bank so it is important to note that all SBA loans are not created equal. Yes, each bank must adhere to the federal guidelines but most banks will often add their own criteria which may include a larger down payment or even seller financing.

When buying a business in Florida with an SBA loan it is important to have the proper connections with the appropriate lenders who have the know how to get transactions done. Many banks say they can do SBA loans but there are really only a handful of professionals that actually can get the job done efficiently. If you are working with a business broker such as the trusted professionals at Truforte Business Group they will inevitably be able to assist anyone looking to buy a Florida Business with an SBA loan in the right direction. 



Monday, November 27, 2017

Buying an Electrical Contractor Business in Florida


If you have decided to settle in the state of Florida, have an electrical background, and are aiming to open a new business, then you should consider buying an electrical contractor business in the state of Florida.

With the construction industry in Florida once again on the rise, there is a huge amount of work that is available in this state in many  of the rapidly expanding cities that are located in Florida.

Since the state attracts skilled workers from all over the country and even beyond, the huge demand
Buying an Electrical Contractor Business in Florida
for both residential as well as commercial properties has led to a spike in need for auxiliary services such as plumbing and electrical contracting that are often outsourced by many medium sized construction outfits. This burgeoning demand is often filled by stop gap measures and fly by night outfits, thereby creating a dire need for highly capable electrical contractors all over the state. This is why it is all the more important to hire duly qualified electricians that have been examined and subsequently granted licenses by the state of Florida itself.

While such licensed electricians may be more expensive than unlicensed ones, not only will they deliver superior services but will also insulate your newly formed company with reference to insurance claims and personal liability in case of any unforeseen mishap. Once you have many such qualified and licensed electricians willing to work for you, the next step is to go about and form your very own company or firm or even a sole proprietorship, in which case, all the electricians working for your will in effect, be your employees rather than partners.

However, regardless of whichever business model you choose, it is imperative that you hire the services of a well-known businesses consultancy firm to help you through the entire process.
Such a consultancy firm will help you through either a corporate or even an LLC setup in the state of Florida. And many of them will also be of great use in setting you up with certain industry oriented future goals as well as the benchmarks that may be needed to achieve them.

They will not only help you with recruitment but also the risks and benefits associated with whichever business structure and model that you may select for your business. Furthermore, they will also explain and teach you the various codes, rules, regulations as well as SOPs (standard operational procedures) for electrical contracting businesses with due reference to guideless for OSHA (Occupational Safety and Health Administration) compliance in this highly-specialized field.
As a matter of fact, it is absolutely imperative that you keep into consideration, the different regulations as they apply not just to the state of Florida alone, but also the federal statutes that govern electrical contracting work in the state.


However, once you have commenced working, you will quickly realize precisely why this is a great opportunity to buy a highly lucrative electrical contracting business in Florida and thus, ensure that there is scarcely a day when you are not booked for some important assignment. Search electrical contracting businesses for sale in Florida here.

Monday, November 20, 2017

Buying a Florist Business in Naples


Naples is a well-known urban center in Collier County, Florida, and is a great place for buying a florist business. As per the population statistics gathered in the 2015 census, the total standing population of Naples was estimated to be around 20,600. However, the important population centers is the more centrally located commercial hub, known as the ‘Naples-Marco Island- Florida Metropolitan Statistical Area’ as it is referred to in government terminology.
Buying a Florist Business in Naples


The main point that makes Naples truly unique is the fact that it is second to none in all of the continental United States of America in terms of wealth. While its population may be considered minuscule when compared to most other cities of the nation, it is among the top ten of the urban centres of the entire country and especially in the state of Florida, in terms of per capita income.
This means that most people who live in Naples are able to enjoy a relatively comfortable lifestyle that enables them to think beyond the essentials of everyday life.

This is why a florist outlet can be a promising business venture in the city of Naples.  This is because the city has a well justified reputation of “living and partying in style”.

Whenever there are parties and other social events, flowers have to be present to grace the occasion. If a person is in convalescence at a local hospital, the good people of Naples will effectively make sure that their room is simply inundated with flower bouquets.

The same applies for weddings, since the typical wedding can hardly take place without the bride throwing her bouquet behind her back for any prospective bride to catch. Apart from that, we have examples of birthdays and anniversaries as well, where each and every different flower makes a statement in its own right.

As far as the city of Naples is concerned, the denizens of this city have a pronounced affinity for really exotic flowers as per their respective moods.  For example, a husband may use a bouquet full of red roses to show his love and fidelity to his wife on her birthday or their wedding anniversary.  Similarly, a bouquet full of the extremely rare black Tulips can be used to show just how precious she is to him, or vice versa for that matter.

Then, there are the usual occasions such as a collage graduation or the “Bar Mitzvah” (coming of age) ceremony of a child along with its usual accompaniment of white roses to showcase her innocence.

In short, there is a near endless demand for florist outlets in Naples and with online retail outlets springing up all over the world, the need for highly expensive display outlets is not as high as it used to be. This is why buying a florist business in Naples can easily be undertaken with a minimum of investment while ensuring perennially high returns.

Tuesday, November 14, 2017

Why Buy a Swimming Pool Service in Naples


There are a number of reasons why an entrepreneur would want to buy a swimming pool service in Naples. Swimming pools, especially in the hot and humid conditions in Naples, Florida tend to become breeding grounds for rapidly expanding colonies of algae, bacteria, and the like. This means
Why Buy a Swimming Pool Service in Naples
that they require frequent maintenance and servicing so that they can be ‘serviceable’ for their owners.

This holds even truer for a relatively well-off city like Naples that is home to some of the more affluent communities and individuals, all over the continental United States of America.
What makes Naples truly unique not just in Florida, but in entire North American continent is the fact that it is arguably one of the wealthiest cities around. Although its cumulative population density cannot really be compared to many big cities all over North American, but nevertheless, it does have the distinction of boasting of one of the highest per capita incomes in the entire region. This is partly to do with the fact, that in terms of millionaires alone, it has some of the richest high worth individuals in America, at this point in time.

Of course, this also means that Naples also has more swimming pools per capita, per residence than just about any other city, at least in Florida. And all of them do tend to require routine maintenance work as well, which is why it is a sound idea to buy a swimming pool service in the city of Naples Florida.

Some of the maintenance activities for such swimming pools include the following:

o   Cleaning and scrubbing

This involves draining the pool and scrubbing it with nontoxic but highly effective, chemical based cleaning agents. Once the chemicals have been applied, they are left to kill the residual bacteria and subsequently, the pool is scrubbed with high quality bristle brushes.

o   Filtration system 

A clean, well-maintained and fully functional filtration system is integral to the health and safety of the people who swim in the pool. The pool maintenance and servicing outfit has to regularly check the filters (at least once a month or so) and replace the same, as and when required to ensure that the water inside the pool remains clean and fit for swimming and other water activities

o   Swimming Pool repairs

Sometimes, all the routine maintenance and servicing cannot stop equipment from malfunctioning or for that matter, prevent leaks and rips occurring in the lining of the pool. These leaks have to be repaired, and similarly, pumps and heaters may also need to be replaced at periodic intervals.

All of these activities combined make for a substantial amount of revenue that can easily be earned when you opt for buying a swimming pool repair, servicing and maintenance business in the city of Naples in Florida.

Monday, November 6, 2017

Buying an ISP in Cape Coral


Buying an ISP in Cape Coral can be a great idea because of the ever increasing need for connectivity. Cape Coral is markedly different from many other cities in Florida due to the fact that it is a “planned” city that had been created as a pre-planned community, unlike most other towns and cities that essentially sprang up as frontier outposts and trading towns in the 19thcentury, all over Florida.
Buying an ISP in Cape Coral

Cape Coral was actually conceived with a central master plan in mind and it became an actual city, fresh off the drawing board in 1957. Up till 2010 its population was hovering around the one hundred and fifty thousand mark. But within the next seven years the population increased to almost two hundred thousand people today.

This is due to the fact that the city is fast becoming a well-known center for trade and commerce and has been attracting highly educated and professional individuals not just from all over the United States but all over the world who have settled here courtesy their L1 and E2 visas.

These upwardly mobile people are quite tech savvy and like to be online all the time if they can help it. This is why the city needs seamless internet services in each and every area that constitutes the Cape Coral – Fort Myers, Florida Metropolitan Statistical Area, of which Cape Coral is a principal city. 

This has led to surging demand for internet services as well as online connectivity that the city’s established ISPs (internet service providers) are hard put to service, due to which there is a  lot of scope for setting up of an ISP in the city, either as a franchise for a big brand or even as a standalone operation.

It is a business that is really not that difficult to operate provided you have the relevant people (in terms of expertise and technological know-how to help you handle the technical aspects of the business) working with you.

Setting up an ISP requires that you find manpower resources, rent out a space (preferably in downtown Cape Coral where the business district is located) and make sure that you have 24/7 power and environment control.  This would mean setting up a UPS system as well as having spare generators because the freak storms that are part of the overall climate in Florida do cause power interruptions every now and then. Apart from that, an AC/HVAC unit is a must because of the high humidity prevalent all over the state. Such a hot and humid environment can easily cause short circuits and therefore a controlled environment is a must.

Once you have your power supply and environment issues resolved, you would need to acquire upstream providers as well as fiber optics (that would be hooked up with the local telecommunications company) along with routers and computer systems. However, here you will have to make sure that you buy only the most up to date equipment as well as top end hardware to ensure high speed broadband services and seamless connectivity.

Buying an existing ISP in Cape Coral can definitely be an advantage opposed to starting one, as all of this infrastructure would already there and you can quickly walk in and be providing the residents of Cape Coral your services immediately. To search for ISP businesses for sale in Cape Coral or other IT  related businesses for sale in Florida visit https://www.trufortebusinessgroup.com

Monday, October 30, 2017

The Critical Importance of Confidentiality in the Sale or Purchase of a Business


Confidentiality of any sale or purchase deal of a business is of paramount importance due to a variety of reasons.

o   Threats arising from competing businesses

There is a very real danger that if the business’s key secrets are compromised the sale might not go
Confidentiality in the Sale or Purchase of a Florida Business
through. This may be due to a myriad different reasons such as the fact that competing businesses in an extremely cut throat market may find out that your business is up for sale and use that information to sell similar businesses or assets at a lower price so as to be in a position to undercut you and snare your most lucrative buyers to their own cause.

o   Uncertainty amongst your customer base

Then there is the threat that the core customers that you supply to, may find out that your whole business (or even part of it thereof) is up for grabs and therefore there are doubts regarding your overall solvency and stability and in future you might not be able to satisfy their demands. This way, they may well end up cancelling their current orders with your business and the end result would be that the potential buyers may see your business more as a white elephant and incapable of generating profits. This way they would either take back their decision to take over our operations or alternately give an offer markedly less than the one they may have been contemplating earlier.

o   Employees may want to jump ship

Add to that the fact that there is a very real probability that your employees may get wind of your prospective sale and may be fearful about their own respective futures and therefore commence looking for other jobs so as to be able to jump ship rather than be dependent on the questionable plans of their future employers who may take up shortly after words or as soon as the sale goes through.

o   Suppliers and their lines of credit

Once your suppliers get wind of the fact that you are now in the process of winding up your business and divesting the same to someone else, with whom they may have to forge an entirely new business relationship, the odds are that they may become fearful of their existing balance of payments and may demand faster payment turnaround time periods amongst tighter overall timelines. They may also limit access to credit, thereby creating massive cash flow problems for you long before your deal has been finalized.
This would have a markedly adverse effect on your overall business by lowering profitability and by default, downgrading the value of your business as well.

o   Landlords and their fears

 If your business has been established in a rented premises the original owners or landlords may not appreciate the fact that you are selling and may not get along all that well with the prospective buyers, leading to a potential breakdown in communications of an otherwise potentially lucrative deal. Landlords may become nervous about a sale and may refuse to cooperate with prospective buyers.
In the light of the above, we can safely deduce that confidentially is of crucial importance when it comes to the sale or purchase of a business entity.