Lawn services are one of the best businesses to purchase if a buyer wants a business that will be recession proof and inflation proof. This is because lawn care is something most home owners and property owners do not want to do themselves under any circumstances, and they want to have to buy the equipment [...]
Archive for January, 2010
In my quest to build my inventory I have been meeting owners and doing valuation and the fundamental truth is that the difference between a successful business owner and a unsuccessful one is that the successful business owner knows his numbers. I’m not talking grand tax strategy and fancy terms like EBITDA etc. I’m talking [...]
From the Desk of Monty Walker
Federal Capital Gain Tax Rates:
Where are they headed?
Since 2003, the top tax rate on most capital gains has been 15% for people in the 25% or higher tax bracket. Although a lower level tax rate has also been in place since 2003 for people in the 15% [...]
BizBuySell.com Reports Improving Business-For-Sale Marketplace Despite Difficult 2009
Service businesses and restaurants lead the recovery as business-for-sale closed transaction prices return to levels not seen since mid-2008
San Francisco, CA – January 7, 2010 – According to today’s BizBuySell.com Insight Report, closed business-for-sale transactions declined by 28 percent in 2009, but a recovery that began mid-year continued [...]
A Word About “Asking” Prices
Recently we received an offer on a business we were representing, which was considerably under the listing price. Upon being asked how the buyer came up with the offering price, the buyer responded, ” Most asking prices are just that, and not an absolute unmovable price. Therefore, if they [...]
