Greg DeFoor, founder of DeFoor Business Services, Inc., was honored as a top-selling member of the Georgia Association of Business Brokers (GABB) for 2021. Mr. DeFoor and 13 other business brokers were named to the 2021 Million Dollar Club for helping broker the sale of small, medium and large businesses during a challenging 2021. The
DeFoor Business Services is pleased to announce the sale of McAbee Medical, Inc., a durable medical equipment business headquartered in Decatur, Alabama, with a second location in Huntsville, Alabama, to an undisclosed Alabama based corporate acquirer. DeFoor Business Services represented the seller in this transaction. After closing this business, it got me to thinking about
Selling a larger business is a lot different than selling a smaller one.
What do you do when the buyer has a lease delay? Closing in escrow is a consideration in a situation where you get within a couple of days of a closing and you have everything except the buyer doesn’t have their lease yet. Most of the time, the seller doesn’t want to contact their landlord
Engaging a Business Broker When using a business broker, the broker will do several things right after you’ve engaged the broker to represent you and list your business. They will prepare a blind profile, which gives summary information about the industry and your business without disclosing the name or exact location of the business. Similar
What is my Pest Control business valuation? Are you the owner of a Pest Control Company? You’ve probably wondered about the monetary value of your business. Would you like to know your Pest Control Business valuation? Business valuation is a tricky proposition. Every business is different; therefore, every valuation is different, but there is
Ways to increase valuation of your Document Shredding Business above a 1.5x multiple! I compiled a list of factors that will increase valuation of your document shredding business based upon my experience in over twenty five document shredding transactions. By applying these factors you can increase valuation of your business to a higher multiple when
Recurring revenue businesses are very popular with buyers. Recurring revenue helps sell your business more quickly and at a higher valuation.
Many business owners don’t know how to sell their business, who to sell it to, how much their business is worth, how long it takes, and who helps business owners sell their business. I hope to help answer some of these questions in this article. If you are a business owner, it is important to
If you’ve ever wondered about S Corp vs LLC, here is some useful information to help you understand the differences in the two.