American Business Brokers & Advisors - January 2024

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.

... continued from Cover 5. Cleanliness. Yes, cleanliness is still a quality that customers strive to see and appreciate. If the MPDs are dirty, which is the first impression a customer sees, then chances are it isn’t going to get any better when you go inside. A dirty store is a turn-off, and dirty bathrooms are the pits. I have been in national chain stores that I can’t mention, and they brag about the layout and products of their store, but their bathrooms are atrocious. And this was not in one store but in every one of the stores I visited. There is NO excuse for a store being dirty. Of course, other qualities are needed for a convenience store to be successful, but these are the main points. The sad part of the story is a lot of operators can’t even get these five points right. However, if you can perform the five main points I have outlined, you will have a successful convenience store regardless of who your competition is. TERRY’S QUOTES OF THE DAY “To err is human, to blame it on somebody else shows management potential.” –Anonymous “Cleaning your house while your kids are still growing up is like shoveling the walk before it stops snowing.” –Phyllis Diller “Never lose sight of the fact that the most important yardstick of your success will be how you treat other people.” –Barbara Bush, Former First Lady of the United States

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OPPOSITE RESOLUTION

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–Terry Monroe

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