Monday, March 25, 2013

Florida Business Brokers Provide Solutions for Buying or Selling a Florida Business

Florida Business Brokers are licensed real estate brokers who offer assistance to both Buyers and Sellers of Florida Business for Sale. Often considered the backbone of many Florida business for sale transactions, Business Brokers will navigate the negotiations of a Florida business sale in order to bring Buyers and Sellers together in a win-win situation. In most cases a Florida Business Brokers will be acting as a transaction broker on behalf of the transaction not officially representing either the Buyer or Seller.

How Florida Business Brokers Can HelpFlorida Business Brokers
There are many ways in which Brokers can help facilitate the sale of a Florida business. Florida Business Brokers will help the Seller prepare the business package and may prepare a business valuation which will be used to help determine the asking price of the business. Once Business Brokers have an agreement to market and sell the business they will proceed with a marketing plan in order to find a Buyer for the Florida Business. For Florida Business Brokers marketing may include print, internet ads as well as direct contact marketing. The types of marketing Business Brokers are able to do are usually far beyond what a business owner can do on their own, which is what makes Florida Business Brokers so valuable to the Florida business for sale transaction.
What to Look for in Florida Business Brokers
Working with an experienced Business Broker with good business ethics is usually a good first step to selecting a Florida Business Broker. Finding Business Brokers who are members of the Business Brokers of Florida and Alliance of Florida Business Brokers is a good indication that the company is willing to cooperate in the best interest of the Buyers and Sellers. Brokers refusing to operate in a cooperating manner usually means their Buyers and Sellers will be limited to the information that is available only to that particular brokerage. Some unscrupulous Florida Business Brokers will deliberately not cooperate or try to withhold information from other brokers so that they will not have to share the commissions of the transaction. Such actions are not in the best interest of Buyers and Sellers and dealing with such Florida Business Brokers will result in missed opportunities.

Why Florida Business Brokers are Important
Business Brokers are a vital part of the transaction for a number of reasons, but two of the most obvious are because of confidentiality and dissemination of information.  Florida Business Brokers provide confidential marketing services which can be critical to the sales of Florida business. Knowledge of an owner selling a Florida business can be highly damaging to a business if that information gets in the hands of customers, employees, suppliers or competition. Florida Business Brokers strive to protect the confidentiality of the Florida business sale. Florida Business Brokers also become a huge asset when it comes to the dissemination of information. The negotiation of a business sale can be an emotionally charged transaction where Florida Business Brokers have an important role of organizing and communicating the various aspects and details of the transactions in order to create win-win situations for Buyers and Sellers.
Once Buyers and Sellers fully understand the role for Business Brokers and the how, what and why Florida Business Brokers provide solutions for buying or selling a Florida business they will what to contact Florida Business Brokers they can trust. Truforte Business Group is Florida’s trusted Business Broker with experience of selling Florida business since 1994. Visit Truforte Business Group at

Monday, March 18, 2013

Selling a Sarasota Business for Sale

Selling a Sarasota business for sale can be a challenging yet rewarding task. Each year there are dozens of business and business opportunities sold in Sarasota, Florida.  Motivation of these Buyers and Sellers often plays a role in the success of Sarasota business sales, although perhaps even more importantly is the involvement of a professional Sarasota Business Broker. Sarasota Business Brokers are often the key behind the success of many of these transactions. From confidential marketing to the closing table, Sarasota Business Brokers are able to help guide the Sellers and Buyers through the transaction process of selling a Sarasota business.

 Why Sell a Sarasota Business

selling a sarasota business
There are many reasons for selling a Sarasota business for sale, these may include retirement, health issues, re-location, family problems, as well as a many others.  Business owners who are motivated to sell a Sarasota business usually experience success by contacting a professional Sarasota Business Broker. Even in situations where a business owner simply wants to “cash out” a Sarasota Business Broker will almost always be the best resource for finding the right buyer and maximizing the sale and selling the Sarasota business.

When to Sell a Sarasota Business
Timing the sale of Sarasota Business can be almost as difficult as trying to time the stock market, although there are usually key market indicators that can help with selling a Sarasota business for sale. Sarasota Business Brokers will typically see increased activity in the first quarter and again in late third or early fourth quarters. However business owners selling a Sarasota business are advised not to wait as it can sometimes take time to prepare the Sarasota business for sale.  Sarasota Business Brokers will generally advise the owner selling a Sarasota business for sale if there are any unique market circumstances and this could be different based on industry. Since selling a Sarasota business for sale is typically not a quick process it is usually advised to get the process started as soon as the decision to sell a Sarasota business has been made.

How to Sell a Sarasota Business for Sale

Once the decision has been made to sell a Sarasota business one of the first steps to take will be to contact a Sarasota Business Broker. Sarasota Business Brokers will be able to guide the Seller through the process of selling a Sarasota business for sale. Information such as 3 years tax returns, equipment lists and other business information will allow the Sarasota Business Broker to determine the value and create a unique package and marketing plan for the Sarasota business. For many reasons, including confidentiality, objectivity and business transference, it is almost always advisable that a consultation with a Sarasota business brokers will be the best course for selling a Sarasota Business for Sale.

Now that the questions of why sell a Sarasota business, when to sell a Sarasota business and how to sell a Sarasota have been answered, be sure and visit us here at Sarasota business for sale to learn more and to get starting with selling a Sarasota Business for sale.

Tuesday, March 5, 2013

Fast Business Plans – Do You Need Business Plan Software?

What Is Business Plan Software?

Business plans are considered to be a blue print for a business and it is a very important document that is required as you plan to start a new business. There are three ways to get a business plan done for your business – you can write it yourself or get the help of a professional to write your business plan or you can use business plan software. Business plan software is a type of software that helps you in preparing a business plan. Such software will have business plan templates in them that will help you to make a fast business plan. You will just have to fill in some important data with regard to your proposed business and let the software do its job. A business plan for your business will be in your hands in no time. This is a quick and easy way to get a business plan done but as in any software, there are advantages and disadvantages to business plan software.

Advantages Of Business Plan Software

·       They will cost less than what you will have to shell out to hire a professional to do your business plan

·       Financial projections are easy to be done using fast business plan software.

·       The headings and categories required for a business plan will be in place so you will not forget or overlook any important category

·       Financial statements like start up costs, Performa balance sheet, cash flow statement and income projections can be easily prepared using business plan software.

·       You do not need to input the same data in different places of a business plan. A data entered in one form will automatically be copied on the forms where that data is required.

·       It is easier to alter data in business plan software and this allows you to see the effects of the data change in your financial statement a lot easily.

Disadvantages Of Business Plan Software

·       Business plan software is standardized and this is an issue as you cannot alter the templates that are in the fast business plans software.

·       There is business plan software that is cheap, but it does not have customer support or technical support.

·       Software is devoid of business experience and industry insights that a consultant or even you may have.

·       As business plan software cannot review your work, you may have to ultimately get the help of a consultant to review the business plan you have made.

·       Business plan software costs money and there is no assurance of you getting a business plan that is best for you for the cost that you pay.

How To Select Business Plan Software?

There are many business plan software that are used nowadays and there are a lot more being released regularly. So selecting fast business plan software to suit your needs will not be easy. For a start identify the popular business plan software that is available for your business model. Read customer reviews of software that you have shortlisted and then compare it to the price and features available in the software. You may have to spend time to find good business plan software, but if you can spend the same time to read various sample business plans you will be able to create a business plan yourself without the help of software. Check out some good business plan templates and sample business plans before considering the option of buying fast business plan software.