Florida Business Blog
2024: The year of Florida
Florida's economic landscape is characterized by its diversity, business-friendly climate and a skilled workforce, supporting a host of industries that contribute significantly to its economic vitality, a trend that continues...
SBA Loans for Business Buyers and Sellers
Loans backed by the Small Business Administration (SBA) under category 7(a) have proven to be an invaluable tool in facilitating the acquisition and sale of businesses. Designed to provide financial support to...
Sex and Productivity
Introduction In the constant search for greater productivity in the work environment, companies often overlook a crucial element: personal fulfillment. Although it may seem unconventional, a satisfying sex life can have an impact...
Humor and Business
Many individuals are slow to recognize that in the business environment, humor can be an invaluable resource for business. It's not just about getting a laugh, but it can become a powerful tool for establishing connections, calling the...
Fighting the “Greedflation” in the Restaurant Industry
In an era of fluctuating food prices, restaurateurs face a significant challenge in maintaining profitability while ensuring fairness to both consumers and them. The term "greedflation" encapsulates the phenomenon of rising food costs being unfairly passed onto...
Would you hire a Business Broker to Sell your Company?
The decision to hire a business broker and pay them a commission, usually around ten percent of the sales price, depends on several factors and considerations. Here are some points to keep in mind when evaluating whether it's worth it...
The 'Potential' of my Business
As a business broker in Florida, I constantly encounter entrepreneurs who want to sell their companies at a premium, basing this value essentially on the “potential” that their business has. In these cases, it is common to find accounting records...
Set up, Franchise or Buy a Business
As a business broker, it is common to receive individuals in my office who are looking to acquire a business in Florida, either with the objective of opting for the US visa or simply as a profitable investment search. Sometimes I notice that these people...
The Role of Appraisal in Selling Your Business
INTRODUCTION Selling a business is a crucial task that demands careful consideration and strategic planning. As a business broker in Florida, navigating the complexities of the market, negotiating deals and ensuring successful transactions constitutes...
CORP C or LLC?
Recently my friend Pepe Mendilueta, an expert in Basque cuisine, asked me to advise him on the best legal form to acquire a restaurant in Miami. Without delay I prepared to explain to Pepe what I have learned on the subject after more than 20 years of...
BBF There is only One
BBF represents the acronym of the largest business brokers association in the United States and which, with more than 20 years of existence, has earned a solid prestige among the business sectors of Florida and the rest of the world. Nowadays, BBF or...
Focus and Win
My good friend Juan Severo Mendoza, a veteran systems engineer, has always been passionate about hunting. His greatest dream since he started in the sport of princes was to hunt a "butterfly" tiger or a puma, typical species of the Venezuelan plains. Now...