SUDOKU (SOLUTION ON PG. 4) Take a Break!
"HIDDEN WEALTH" The Secret to Getting Top Dollar for Your Business
► What is the value of what you are selling? ► Want to make sure the sale is confidential? ► Want to sell everything together & fast? Terry has sold over 857 businesses. His book tells you what to do and more importantly what NOT to do when selling one's business. GET YOUR FREE COPY TODAY! Email Terry@TerryMonroe.com Put FREE COPY in the subject line for your free copy of "Hidden Wealth", a ForbesBooks publication.
TERRY’S QUOTE OF THE DAY QUESTION OF THE DAY
“The difference between stupidity and genius is that genius has its limits.” –Albert Einstein What is the most valuable asset we have? Answer: Now. In the moment. Because that is all we really have. Not the past or the future. Only now.
qualities needed to sell for top dollar: a good EBITDA, good locations, no capital improvements, and a well-run operation. ... continued from Cover The moral of this story is to emphasize the fact that the buying and selling of convenience stores with real estate has many different items that go into determining the value of a convenience store. Do not try to guess or go by what you read in trade journals. Instead, employ the services of a knowledgeable broker or advisor who works in the convenience store industry full time before making the decision to sell
your convenience stores. All the convenience store operators I work with are very good at operating their stores because they have operated them for years, and they know what they are doing. But performing the sale of a complex business such as a group of convenience stores takes a special talent, too. And you are only going to sell your business once, so be sure you have all the right information before you venture into an area that is not your expertise. Knowledge is power, especially when it involves your livelihood. –Terry Monroe
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