Monday, February 4, 2013

Selling a Business? Avoid Common Mistakes. - MyPRINTResource.com

"A front page article in the morning paper was about a local printing company’s auction. “The six-color press was almost too big for this market,” is what the owner said. Hmm…almost? That is what’s called stinking thinking, which got me going through my file where I found a 10-year-old tale of similar reasoning. It’s about one man’s real life story of agony in losing it when he sold it. Allow me to begin with the end.

Joe opened a franchise print shop, but kept his night job as a six-color pressman for five years while he got things stabilized. Actually, he didn’t get things stabilized, but he thought he did. Nonetheless at year 12 he decided to sell and told the franchise to bring him a buyer. They did; three buyers, in fact."

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Selling a Business? Avoid Common Mistakes. - MyPRINTResource.com:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

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