Florida Business Exchange

Buying or Selling a Business?

FBX LOGO JPEGAre you looking too Sell or Buy a Business???? OLYMPUS DIGITAL CAMERAWe can help! I am a certified  Business Intermediary! Call me for a Confidential Evaluation at:  321-544-6321 Office: 321-264-7599 ext E-mail: gary.bronga@fbxbrokers.com.  Gary is a graduate of Florida State University and lives in Titusville, Florida. He has lived in Brevard County for over 55 years and a business owner for 20 of those years. His knowledge and background is a valuable asset for bringing buyers and sellers together to achieve their goals. He is licensed by the Department of Business and Professional Regulation in the State of Florida and a member of The Business Brokers of Florida.

Selling you business the the below video

 

Buying a Business

 

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Lawn | Landscaping Business for Sale | Brevard County Florida

Business Description

This is a well-established, well-known licensed and insured landscape and landscape maintenance contractor serving the Brevard County, Florida area. They specialize in landscape design and installation for new homes, commercial properties and landscape makeovers. The business utilizes a portfolio of hundreds of landscape designs by structure to provide working ideas for its customers. It utilizes sub-contractors (no employees.) It is considered by many as the number one landscaper in the area.


Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Asking Price: $110,000000

Gross Income:$138,667 | Cash Flow:$42,635 | Support & Training: Will train for 2 weeks, no cost.

Reason for Selling: Retirement

What Do Entrepreneurs Fear Most?

By William Dunkelbery

When asked to identify the “Most Important Problem Facing Your Business Today” over the last 40 years in the National Federation of Independent Business survey of its 350,000 member firms, the steady winner was “taxes” followed by “cost of regulations and red tape”.  The all-time vote recipient was “inflation”, another form of taxation that reduces the purchasing power of incomes and firm revenues.  The second place all-time winner was “credit and interest rates” during Volcker’s reign at the Fed.  But the steady winner is “taxes”, followed by “regulations and red tape”

Taxes are the direct confiscation by the government of profits, the major source of new capital to finance the growth of the business (no “twitter capital” here from faceless investors).  Regulations force owners to spend their money on mandated activities, just another tax.  And, the “red tape” – the most important asset a small business has is the time of the entrepreneur, “taxed” by the need to spend valuable time filling out an ever growing pile of paperwork and record-keeping demands (wait till Obamacare regulations are in place!).  Regulations are spewing out of Washington  at a record pace (one every two or three hours), impossible to keep track of, to comply with.  One entrepreneur recently observed that it really is impossible to start a firm without a payroll service to make sure all the rules are complied with.  A very sad commentary on what government is doing to our costs and incentives.  My electrician is very good but refuses to hire and train a worker due to the complexity and paperwork involved.

Few can file their tax returns without help as well.  Why is that necessary?  Why do taxes have to be complicated?  The nation spends an estimated 7 billion hours filling out tax forms each year.  A growing number must hire professional help, another “tax” on the business owner and the firm’s resources.  In a special NFIB study of business problems (Problems and Priorities, available atwww.nfib.org/research), out of 75 separate problems, federal taxes took 6th,7th and 8th places on the problem list (Health Care Costs was #1). The three problems cited were the loss of capital due to taxes, the complexity of the tax code and frequent changes in the tax code.  There is no doubt that the tax system is anti-growth.

Another tax being pushed is the minimum wage which will compel owners to pay more for the same labor, a tax on the resources of the firm.  This increase will be passed on to customers by competitive necessity.  Because the minimum wage is the base on which unions set their skill differentials, this will “bubble through” the wage sector.  Raising the minimum will raise costs and prices, but most importantly, it reduces forever  job opportunities for the less skilled and the young.  Neighborhood stores that employ, say, 10 minimum wage workers for 2000 hours of work each per year will see labor costs rise by $20,000 for every dollar increase in the minimum.  The much discussed $15 minimum would add about $150,000 to labor costs (plus FICA, state taxes etc.).  That’s not chump change.

Obamacare is loaded with taxes disguised as “penalties” in addition to taxes on medical equipment and probably other surprises.  There are also taxes on capital gains and increased taxes on the incomes of a few business owners lucky enough to have made it “into range” of the tax rules.

Few of us really know how much of our income is taken by taxes, so many of them are buried in the prices of goods and services we buy  like gas taxes, sales taxes, use taxes, new airline ticket taxes, and phone taxes (like the 108 year tax on long distance calls to finance the Spanish-American War, rescinded in 2006 with rebates to users of $15 billion.  But the really important ones are those we see and respond to like taxes on work or investing that we try to avoid by doing less of the thing being taxed.  The President believes we need more tax revenue to finance government spending.  He thinks the way to get that revenue is to raise tax rates on those who work and invest.  But the best way to is get the economy moving again.  Tax revenues grew so quickly in the late 1990s that we ran surpluses while we employed a record 64.5% of the adult population.  Seems like a better route to follow for all but it is not clear that the Administration buys into that.

 

The type of e-mail I love to receive

Gary, if no one ever told you… you are the man! When my idea takes off, I’m gonna fly down and buy you a cup of coffee!—- Ernest

Mr. Bronga,
I want to first thank you so much for writing your book “Bringing a product to market from your home” I fell upon this book while ordering another one and decided to order it as well. I am so happy I did.
Your book is well written and while reading it , it gives the sense as if we are siting down face to face having a conversation. I am reading parts of it for the second and third time now. I wanted to see if you did offered consulting with small business owners.
I am starting a second business and I am pretty much following the map you have set out in your book. Please let me know if you offer consulting services and if not, will you be willing to lend me a couple minutes of your time. Thank you again for the information you revealed in your book. It is greatly helpful and is continuing to assist me on my journey.