Buyer Articles
Calculated Risk: Becoming a Franchise Entrepreneur
Author: Vasilis Georgiou CBI, M&AMI, CBB, MBA, CIRM President of CrossRoads Business Brokers, Inc./Franchise Consultant at FranChoice Becoming an entrepreneur is probably one of the most nerve-wracking endeavors any of us can undertake. Especially if it means leaving behind the relative certainty of a Corporate job that offers a regular paycheck, health benefits, and even that […]
Job Seekers and Franchise Options
Why buying a franchise can be a career choice Author: Vasilis Georgiou, CBI, M&AMI, CBB, MBA, CIRM President, CrossRoads Business Brokers, Inc./ Franchise Consultant with FranChoice In our professional life, we really have 3 choices when it comes to making a living. Each option has its advantages and challenges: Staying the course with a job […]
The Devil May Be in the Details
When the sale of a business falls apart, everyone involved in the transaction is disappointed – usually. Sometimes the reasons are insurmountable, and other times they are minuscule – even personal. Some intermediaries report a closure rate of 80 percent; others say it is even lower. Still other intermediaries claim to close 80 percent or higher. When asked how, this last […]
Family Businesses
A recent study revealed that only about 28 percent of family businesses have developed a succession plan. Here are a few tips for family-owned businesses to ponder when considering selling the business: You may have to consider a lower price if maintaining jobs for family members is important. Make sure that your legal and accounting representatives have “deal” experience. […]
Two Similar Companies ~ Big Difference in Value
Consider two different companies in virtually the same industry. Both companies have an EBITDA of $6 million – but, they have very different valuations. One is valued at five times EBITDA, pricing it at $30 million. The other is valued at seven times EBITDA, making it $42 million. What’s the difference? One can look at the usual checklist for […]