Mike has bought and sold a number of companies and founded NJ Broker Plus, LLC to assist New jersey business owners to sell their businesses and qualified buyers to purchase a profitable business. Over the past 3 years Mike has been instrumental in the sale of over 40 businesses.
When it comes to buying and selling a business, there are two main methods to consider: an asset sale and a stock sale. These approaches have implications for both the…
Examining the median time on the market data for different types of businesses provides insights into the factors influencing the duration of typical business sales. Selling a business involves preparations…
Steady cash flow, low risk and future growth are considerations when buying a business. They are attributes often found in service businesses which is the largest sector of small business…
Feedback from industry reports suggests that of those businesses put up for sale, only half will successfully sell. Having a trusted business broker at the helm increases the odds the…
Starting a new business can be an exciting and rewarding experience, but it’s not always the best option for everyone. In fact, there are several compelling reasons why buying a…
The decision to sell your business can be a difficult one, followed by an exhausting process. An unprepared seller may face many unpleasant surprises along the way. As a seller,…
There is a mass exodus of manufacturing from China by US companies. Much of that work is being transitioned to the US. This means that this is the perfect time…
Business buyers and sellers have something to be excited about. According to BizBuySell, business sales transactions have seen a steady increase in the first quarter of 2022, rising 24% over…
Proper planning can mean thousands of dollars in your pocket Every day business owners make serious mistakes when selling their business and leave thousands of dollars on the table. These mistakes…