After you have purchased your new business, rather it be a Commercial Trucking Agency or not, make sure to review some of the most common areas for safety and business preparation in the transportation and insurance industry. However, many apply to other business types, so make sure to review all 22. You never know when you […]
Insurance Agency Buyers, what is the best insurance agency type to buy? Standard or Non Standard? The reasons can be many. For example, if a buyer is looking to fill a quota or increase a certain book of production count, standard versus nonstandard agencies would come into play. So, if a buyer is looking […]
Before you begin your business buying or selling search, lets dive into the methods of valuing a business. This examination, will help ease any questions you may have, or answer some that you were not even aware of. Regardless, business valuation is an important area to review, so lets begin! Sell your Business – […]
Business Opportunities in the Market? – 2018 Market Watch – The Economic Indicators before you Buy or Sell! Market watch and financial indicators, are valuable to learn when deciding to buy or sell a business. This is because, financial indicators are present when the market shifts to either core direction, recession or expansion. This […]
What to do if you are a Seller in a downward cycle? This is a great question. If a downturn does exist in the economy, you need to ensure you will have enough cash-flow to withstand the wave, since, many companies are not buying during these times. Even though the purchase price will drop drastically, […]
Ecommerce Business Classification in 2018! So, what is ecommerce business classifications anyhow? Ecommerce business is the commercial transactions of online business, going through electronically over the Internet. The Ecommerce industry is not an exact industry, so no specific SIC code is established for business identification. So, how do you know if you are looking at […]
Finding a commercial lines agency for sale, begins with watching the market in which it will perform in. This includes, a number of external and internal factors, that can impact the performance of an insurance agency, regardless if, personal or commercial lines. Let’s review the market, for familiarity purposes. Insurance Market Familiarity You should […]
Buying a business requires many examinations to the process, regardless if you are in the market to buy or sell. The niche market of commercial transportation, will be reviewed in this writing piece. This will help to reduce any General Liability Business Exposures you may face if you are in the transportation industry, or looking […]
What is the future of Risk Management in 2018? Great question, and reason for this article exploration! Find Business tips to secure your business, and reduce risk exposure at the same time. So, without further ado, lets open the discussion on Risk Management in today’s Business world, and how to properly secure your business against […]
The Process of Drop Shipping – A Profitable Business Model? An exploration into the business of drop shipping is needed to explore the profitability of it’s business model. This is an important process before considering implementation into your own distribution and operation center. Also, if you are looking to sell or buy an ecommerce business […]