Knowing Your Business Value- Interview With DaySpa Magazine
Below is an interview of Alan Melton with Empire Business Brokers by Chelan David of DaySpa Magazine. Although these questions are for the DaySpa industry, most of the answers are pertinent to all businesses. Chelan: Why is it important for a dayspa owner to determine the worth of their business?
Alan Melton From Upstate SC, Tells Business Story
Banker Turned Me Down At 26 years of age, I decided to take the plunge into business ownership. After leaving the Upstate and managing a car rental company in Orlando, one afternoon I met after work with my future business partner, a sales rep for the same company. We complained about all the company policies […]
Geri Wyatt, a Successful Serial Restauranteur
After starting four restaurants over the past years, Geri Wyatt has earned the designation “Successful Serial Restauranteur” by Empire Business Brokers, LLC. With the support and assistance from her husband Frazier, she took the step of faith and became a business owner in the Upstate in the 1980’s. She has never looked back.
Dispelling a Buyer Myth
Most prospective business buyers really don’t know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries know that many business buyers end up with what is sometimes a far cry from what first captured their imagination.
Buy a Business That You Will Love by Alan Melton
After coaching business buyers and owners for over a decade now, some things have become clear about what it takes to own a business that you will love. I’m not kidding. You really can love your work!
Business Staging; What Am I Talking About? by Jim McClain
Business Staging; What Am I Talking About? by Jim McClain
Margaret Collier, An Artistic Entrepreneur
The Early Days Margaret Collier is an entrepreneur who combined her love of art and framing with her business acumen to create a successful business. An artist herself, Margaret accepted a position in a local frame shop in Easley, South Carolina. The owner personally trained Margaret, and she worked as manager of the shop for […]
Selling Your Business Real Estate: Environmental Due Diligence
We all know that today’s real estate market is challenging enough without adding unnecessary hurdles. Conducting Environmental Due Diligence for Your Business Real Estate More than ever, the need to conduct environmental due diligence (EDD) commonly referred to as a Phase I Environmental Site Assessment (ESA) is a step in the real estate transaction process […]
Exit Strategy Considerations: Preparing for Your Business Exit
Exit Strategy Considerations: Preparing for Your Business Exit
When is the Best Time to Sell Your Business From a Tax Standpoint?
According to Monty W. Walker, CPA, CBI, BCB, now may be the best time to sell your business. You may be aware that the top capital gain tax rate for most business sellers has been 15% for people in the 25% or higher tax bracket. The current capital gain rates are 0%, 15% or 20% […]
