Business Brokers of Florida® Announces Deal Maker Awards
The Business Brokers of Florida® (BBF) is pleased to acknowledge top performing business broker members with its annual deal maker awards, calculated using sold data from the BBF’s proprietary Business Listing Service (BLS) for the prior calendar year. Recipients were recognized across the state at District awards luncheons held in April and May and provided with a plaque...Read More
62 Reasons Why Business Sellers Hire Brokers
Selling a Business… By-Owner? Or… Hire a business transfer intermediary and/or a different kind of professional advisor? Should sellers of small and midsize businesses sell by-owner or list their business for sale with a business broker/intermediary? It depends. This report will help you decide. Process to Sell a Business While...Read More
Are You Prospecting for Listings Effectively?
The most recent Business Brokerage Press Industry Survey (Available for purchase at www.bbpinc.com) reported that the average business brokerage office has about 45 listings and the sole practitioner has about 13, at any one time. 13 seems about right, although we feel that 15 to 20 is a much better number of listings for a one-person office. Therefore, forty-five listings for an...Read More
Chair’s Letter
It’s hard to believe we’re already into the second quarter of 2025. Where has the year gone? It seems like just yesterday we were wrapping up our 2024 production—and what a year it was. Let’s take a moment to reflect on some impressive numbers. In 2024, BBF members collectively sold 1,148 businesses totaling $840 million in transaction value. That’s a significant leap...Read More
Debunking Myths in the Business Buying and Selling Process
By leveraging professional advice, maintaining transparency, and being patient and thorough, you can enhance your chances of a successful transaction. With 30 years of experience and having overseen thousands of business transactions, I’ve encountered numerous myths about the business buying and selling process. Here are some of the most common misconceptions and the...Read More
Tax Planning for Business Brokers: Key Considerations
Business brokers play a pivotal role in the buying and selling of businesses, acting as intermediaries between buyers and sellers. Given the complexities of business transactions, tax planning becomes a critical aspect of their work, ensuring that both the broker and their clients can minimize tax liabilities and maximize after-tax gains. Here’s a comprehensive guide on tax...Read MoreChair’s Letter
Happy New Year! 2025 here, and with it comes change – change in how we do business, in the technology we use, and in the strategies that drive success. As Business Brokers, we must stay ahead of these shifts, adapt, and continue to grow. One of the best ways to prepare is through education. BBF offers a wealth of learning opportunities, from webinars to in-person...Read More