Archive for the ‘Uncategorized’ Category

Is your Business at a Dead End?

July 12, 2018

dead-end-sign-cul-de-sac-hopeless-163728

 

 

 

Are you feeling that your business is at a Dead End?


Businesses Needed in South Florida

Many business owners come to a point in their business life where they feel it is time to either sell or find an equity partner who can take their business to the next level.

If you are at this plateau It is crucial to understand your market value position as you prepare to sell or take in a partner for your Main Street business

Calculate Your Multiples

The valuation of any asset is an attempt to estimate the present value and the likelihood of future cash flows and compare it to other . The most common result for operating businesses is a multiple of EBITDA. For example, if a business has EBITDA of $1 million and the multiple is 3.5, then the valuation would be $3.5 million.

Depending on a company’s size, multiples of Main Street-sized transactions have averaged between 2.6X and 4.5X. The example valuation described above reflects the average multiple (3.5X) for EBITDA of $1 million.

Adjust Your Multiples

I have found the best way to achieve higher multiples is to create a Business Plan that not only enhances the existing value of the business, but also shows the potential of the business to a prospective Buyer.We create a Business Plan for your business to maximize the value of your business.This plan is created at No Charge and enables prospective buyers or partners to realize the future potential of the business you have built.

Our service is Confidential and no information is released about your business until a Non Disclosure Agreement is executed. All prospective Buyers/Partners are screened for financial ability prior to any meeting to ensure you are only meeting highly qualified prospects

We do not get Paid until you get Paid

Our approach helps you bypass the Dead End.

We offer a Complimentary Consultation to evaluate your options to sell your business or find an equity partner to grow your business.

Edward Sklar

Business Broker & REALTOR

United Realty Group

edwardsklar@southfloridaforme.com

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Is your Business at a Dead End?

July 12, 2018

 

dead-end-sign-cul-de-sac-hopeless-163728

 

 

Are you feeling that your business is at a Dead End?


Businesses Needed in South Florida

Many business owners come to a point in their business life where they feel it is time to either sell or find an equity partner who can take their business to the next level.

If you are at this plateau It is crucial to understand your market value position as you prepare to sell or take in a partner for your Main Street business

Calculate Your Multiples

The valuation of any asset is an attempt to estimate the present value and the likelihood of future cash flows and compare it to other . The most common result for operating businesses is a multiple of EBITDA. For example, if a business has EBITDA of $1 million and the multiple is 3.5, then the valuation would be $3.5 million.

Depending on a company’s size, multiples of Main Street-sized transactions have averaged between 2.6X and 4.5X. The example valuation described above reflects the average multiple (3.5X) for EBITDA of $1 million.

Adjust Your Multiples

I have found the best way to achieve higher multiples is to create a Business Plan that not only enhances the existing value of the business, but also shows the potential of the business to a prospective Buyer.We create a Business Plan for your business to maximize the value of your business.This plan is created at No Charge and enables prospective buyers or partners to realize the future potential of the business you have built.

Our service is Confidential and no information is released about your business until a Non Disclosure Agreement is executed. All prospective Buyers/Partners are screened for financial ability prior to any meeting to ensure you are only meeting highly qualified prospects

We do not get Paid until you get Paid

Our approach helps you bypass the Dead End.

We offer a Complimentary Consultation to evaluate your options to sell your business or find an equity partner to grow your business.

Edward Sklar

Business Broker & REALTOR

United Realty Group

edwardsklar@southfloridaforme.com

Free Workshop-IT & Small Business South Florida

July 8, 2018

 

When

Saturday, July 14, 2018 from 10:30 AM to 12:30 PM EDT
Add to Calendar

Instructor


Murray Portnoff, IT Architect

Focused on leveraging IT solutions for both small & large enterprises. my experience includes roles as an Application Lifecycle Management Architect, Enterprise Architect, Operations Control Center and Support Architect, Service Delivery Lead, Support Escalation Manager, & Technical Consultant for a major enterprise software vendor, My goal is to leverage my years of IT experience to assist business  & IT organizations of all sizes in effectively reaching their business goals to support ongoing & planned operations while maximizing ROI.

Where

Palm Beach Gardens Library
11303 Campus Dr
Palm Beach Gardens, FL 33410


Driving Directions

Contact

Larry Ornstein
Palm Beach SCORE
larry.ornstein@scorevolunteer.org
561-833-1672

FREE!
IT and Small Business – What’s in it for ME??

Back by popular demand!!!

Free Workshop

Businesses of all sizes struggle with how to effectively leverage Information Technology – from startups through ongoing operations to supporting growth over time.

We will cover the big picture and dive deeper into the individual tools, integrated solutions, business and IT processes, your web presence, leveraging social media, infrastructure options, and how to address security concerns.

The material presented will be supported by live demos of example solutions.

Fee: FREE

visit our website

workshops

6 Start-up Mistakes Entrepreneurs Never Make Twice

July 7, 2018

Florida Business Brokers

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Edward Sklar
Business Broker South Florida
http://www.southfloridaforme.com
edwardsklar@southfloridaforme.com

Jul 5, 2018
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6 Startup Mistakes Entrepreneurs Never Make Twice
As a life-long, serial entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling nearly $400 million. Two of my ventures subsequently contributed to billion-dollar valuations, following their acquisition …
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Simple Steps to Forming an Advisory Board for Your Small Business
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Sell Your Business/Equity Partner for your Business
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Extensive database of Buyers actively looking for Businesses. Complimentary Business Plan to ensure maximum…

View original post 611 more words

6 Start-up Mistakes Entrepreneurs Never Make Twice

July 7, 2018

via 6 Start-up Mistakes Entrepreneurs Never Make Twice

6 Start-up Mistakes Entrepreneurs Never Make Twice

July 7, 2018
image
image

Edward Sklar
Business Broker South Florida
http://www.southfloridaforme.com
edwardsklar@southfloridaforme.com

Jul 5, 2018
image

6 Startup Mistakes Entrepreneurs Never Make Twice
As a life-long, serial entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling nearly $400 million. Two of my ventures subsequently contributed to billion-dollar valuations, following their acquisition …
Forbes

Simple Steps to Forming an Advisory Board for Your Small Business
f you’ve just started a new business, you may have thought about forming an advisory board—or, maybe you’re at a point where you need an advisory …
All Business
image

Too Much Team Harmony Can Kill Creativity
William Wrigley Jr., the American chewing gum tycoon, once noted that business is built by men who disagree, and that “When two men always agree …
Harvard Business Review

Sell Your Business/Equity Partner for your Business

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Extensive database of Buyers actively looking for Businesses. Complimentary Business Plan to ensure maximum value for your Business. We Do Not Get Paid until you Get Paid. Buyers sign NDA and Proof of Funds Click to learn more.
Business Broker South Florida for Me

Buy a Business South Florida

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Our Database of Businesses for Sale has a Business for you. We assist in finding the best financing including Seller Financing, SBA, and using your Retirement Account. Click to Browse Businesses for Sale
Business Broker South Florida for Me

7 Keys to Global E-Commerce Success
If you operate an e-commerce company, the world is at your fingertips, and global markets offer the enticing promise of increased visibility …
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What Is a Balance Sheet and How Can It Benefit Your Business?
Are you making the most of your business’s balance sheet? If your answer is “What’s a balance sheet?” you’ve got some catching up to do …
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If Cash Is King, Why Doesn’t It Rule?
With tax rules changing and interest rates set to rise globally, companies need to organize their operations around a new value equation. It is …
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Connecting to the ever-connected: Making millennials happy at work
The Economic Survey 2013-2014 purported that by 2021, 64% of the working population in India would be within the 20-35 age group making India …
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How to Prepare for a Panel
Compared with the nerve-wracking prospect of giving a lecture, presenting on a panel may seem to be a safer option. After all, you’re responding …
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Should I Raise Capital with a Business Loan or Asset Refinance
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Everyone has their own way of doing things, especially when it comes to absorbing new information. What might work for you won’t for …
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Whether at the beginning of their business venture or well down the line, at some point, most entrepreneurs and small business owners will …
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What is the name of the camel on the Camel cigarettes pack?
See the answer below.
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What Year Was It?

Wimbledon Tournament Begins

Wimbledon Tournament Begins

The All England Croquet and Lawn Tennis Club begins its first lawn tennis tournament at Wimbledon, then an outer-suburb of London.
The day was Jul 9. What year was it?

Quote of the Week
“I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.”
Thomas Jefferson
Trivia Answer
What is the name of the camel on the Camel cigarettes pack?
Answer: Old Joe
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SUBSCRIBE TO OUR NEWSLETTER
NEWSLETTER ARCHIVES
Business Broker South Florida for Me
5550 Glades Road
Boca Raton FL 33431
The articles linked in our newsletter come from many sources and are provided for informational purposes only. We do not endorse information or opinions appearing in the various articles linked in our newsletter. The articles selected are not sponsored or endorsed and we assume no responsibility for the accuracy of information contained in articles linked in our newsletter. Copyright for linked articles belongs to the linked source.
A Newsletter Station Publication
© All Rights Reserved.

For Sale-Legendary P.R. Agency

May 4, 2018

For Sale-Florida based Public Relations Agency Full Service Public Relations & Talent Agency -Founder is a legendary P.R. Guru, and senior management has agreed to stay with company. Ideal acquisition for P.R., Advertising or Private Equity firm. Company has recently expanded offerings into Talent Agency and Video Production. This company is primed and ready for Massive Growth and to reengage Fortune 500 companies www.southfloridaforme.com/BUSINESSES-FOR-SALE/PUBLIC-RELATIONS

Strategic Business Tips

April 27, 2018
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Edward Sklar
Business Broker South Florida
http://www.southfloridaforme.com
edwardsklar@southfloridaforme.com

Apr 25, 2018
There’s a Reason Many Startups Fail to Hit Their Numbers

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When fellow entrepreneurs ask me about raising venture capital for their company, my first question to them is, “Is your recruiting operation up to the challenge?” To understand why, let’s step through a hypothetical example together …
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The Surprising Benefits Of An ‘Imperfect Action Plan’
If I think all of my next steps need to be perfectly crafted, I end up paralyzed with perfectionism, reluctant to take any steps at …
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Is Your Business at Risk for Embezzlement?
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Sell Your Florida Business

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Extensive database of Buyers actively looking for Businesses. Complimentary Business Plan to ensure maximum value for your Business. We Do Not Get Paid until you Get Paid. Buyers sign NDA and Proof of Funds Call/Text 561-504-9291
Business Broker South Florida for Me

Buy a Business South Florida

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Our Database of Businesses for Sale has a Business for you. We assist in finding the best financing including Seller Financing, SBA, and using your Retirement Account. Call/Text 561-504-9291
Business Broker South Florida for Me

10 Tips for Motivating Employees to Perform
Motivated employees perform better, which makes it imperative to business success. While it might seem daunting to accomplish, the following …
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Gen Xers are often overlooked. But they have some unique leadership attributes—and their collective power is growing. Members of Generation X (typically defined as born between 1965 and 1981) are used  …
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Copyright © Randy Glasbergen
Trivia
The first paid radio commercial ever aired promoted a cooperative apartment house in New York City in 1922. The ad cost $100. How long did it last?
See the answer below.
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What Year Was It?

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Quote of the Week
“Best startups generally come from somebody needing to scratch an itch.”
Michael Arrington, TechCrunch founder and co-editor
Trivia Answer
The first paid radio commercial ever aired promoted a cooperative apartment house in New York City in 1922. The ad cost $100. How long did it last?
Answer: 10 minutes
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SUBSCRIBE TO OUR NEWSLETTER
NEWSLETTER ARCHIVES
Business Broker South Florida for Me
5550 Glades Road
Boca Raton FL 33431
The articles linked in our newsletter come from many sources and are provided for informational purposes only. We do not endorse information or opinions appearing in the various articles linked in our newsletter. The articles selected are not sponsored or endorsed and we assume no responsibility for the accuracy of information contained in articles linked in our newsletter. Copyright for linked articles belongs to the linked source.
A Newsletter Station Publication
© All Rights Reserved.

South Florida Digital Tools Summit

April 10, 2018

 score image

 

SCORE PALM BEACH HOSTS SECOND SUMMIT FOR SMALL BUSINESSES:
“DIGITAL TOOLS TO GROW YOUR BUSINESS” IN WEST PALM BEACH

 

Six World Class Experts Will Present on how Digital Tools Add

to Your Client Base, Increase Sales and Improve the Bottom Line

 

WHAT: SCORE Palm Beach, a provider of mentoring and training to Palm Beach County-based businesses, announced it will host its second Summit for Small Businesses: “Digital Tools to Grow Your Business” on April 28, 2018. The Summit will focus on business trends that help companies reach the top and feature six world class experts and executives from large brands like Accenture and Office Depot.

 

“Once again, our Summit for Small Businesses is designed to provide attendees the support necessary to thrive as a small business owner,” said Paul Gross, Co-Chair of the Palm Beach SCORE chapter. “We are thrilled to offer our most successful, dynamic and impressive panel of speakers to date and are confident our audience will agree!”

 

The half-day program will detail how digital tools can improve sales, bring more clients, and increase revenue. It will specifically address six critical business topics and feature subject matter experts, including:

  • Keynote Presentation: Digital Transformation: The New Competitive Advantage – John Coffey, Managing Director, Accenture
  • Simple Secrets to Growing Your Business with Video Marketing – Evie Hernandez, Chief Marketing Officer, Xoomlm
  • Tools to Help Local Businesses Thrive in Today’s Digitally-Driven Marketplace – Paul Vedder, Managing Director, VXIT
  • Social Media Communications Strategies that Work – Mary Ann Mancuso, Founder & CEO, Mav3n Digital
  • The Future is Mobile: Tips for Small Businesses Moving to a Mobile Future – David Hartmann, Founder & CEO, The SilverLogic
  • Retail Transformation – Kevin Moffitt, SVP, Chief Retail Officer, Office Depot

WHEN: Saturday, April 28, 2018, from 8:30 am to 1:00 pm

 

WHERE: Keiser University Flagship Campus – 2600 North Military Trail, West Palm Beach, FL 33409

 

DETAILS: Registration is required for admission. Click here, visit PALMBEACH.SCORE.ORG or call 561-833-1672 to register. There is a $20 admission fee per person, which includes a continental breakfast and networking opportunities. The first 100 registrants qualify for a drawing to win BOSE Wireless Headphones and an Amazon Echo. Space is limited to 200 attendees.

 

Sponsors include: Morgan Stanley, BNY Mellon, Valley National Bank, and Bessemer Trust.

 

About SCORE Palm Beach

SCORE Palm Beach provides mentoring and training to Palm Beach County businesses, a service that began in 1976. It covers from Boynton Beach north to Tequesta and the Glades. Clients receive free unlimited mentoring at the SCORE office in West Palm Beach, their business site, online or by telephone. The chapter is on track to serve more than 600 new clients this fiscal year and annually helps approximately 2,000 clients to grow their businesses. Local SCORE mentors helped launch nearly 250 new businesses last year, creating more than 500 new jobs in Palm Beach County. Learn more at www.PalmBeach.SCORE.org.

 

About SCORE

SCORE is the nation’s largest network of volunteer, expert business mentors, with approximately 10,000 volunteers in 300 chapters nationwide. Since its founding in 1964 as a resource partner of the U.S. Small Business Administration (SBA), SCORE has helped more than 10 million current and aspiring entrepreneurs through mentoring, workshops and educational services. In 2016 alone, SCORE helped to create 54,072 new businesses and add 78,691 new, non-owner jobs to the American economy.

 

For Sale-Sliding Glass Door Manufacturer

April 9, 2018

Back on Market

Sliding Glass Door Manufacturing Business for Sale- H.Q. Florida with Dealer Network in the U.S. and the Islands. Huge Growth Potential after recent storms for Door Replacement and New Construction. Company currently doing over $2m in Sales with No Sales/Marketing, and current facility can handle 2x as much. 50 year history and profitable. Key employees will remain with company. Seller Financing/Visa Opportunity Learn more at: www.southfloridaforme.com/BUSINESSES-FOR-SALE/DOOR-MANUFACTURINGdoor