SouthSpec Inc

01/10/2025

Stay safe out there! And follow me for great business tips!
FREE TRAINING in the link in my bio... ScaleandThrive.com

01/09/2025

Stop WASTING $$$$ - Guard Your Time !
Follow me and get the FREE TRAINING in the link in my bio... ScaleandThrive.com

08/28/2024

“Today’s dose of optimism: Only in America—from toilet-cleaning immigrant to billionaire.

Jensen Huang used to clean toilets at Denny’s.

He founded Nvidia with two buddies at a booth in that same Denny’s 30 years ago.

Nvidia is now the world's second most valuable company. Huang is worth over $100 billion. Only in America! “

12/22/2017

Business tips: Don't neglect due diligence when buying a business
Business tips: Don't neglect due diligence when buying a business. Dave Erickson, Special to San Angelo Standard-Times Published 1:52 p.m. CT Dec. 17, 2017 | Updated 5:31 p.m. CT Dec. 17, 2017. 636225114781221120-DaveErickson.jpg. Dave Erickson with ...

Many small-business owners of the Baby Boomer generation are looking to cash out and transition their business to someone else.

12/21/2017

6 Things You Must Know When Selling Your Business to a Third Party
Don't second guess your decisions when selling your business. Instead, follow this expert's advice for doing it right. In His Day, P.T. Barnum Was More Popular Than Gates, Musk and Jobs, · Next Article · In His Day, P.T. Barnum Was More Popular Than ...

Don't second guess your decisions when selling your business. Instead, follow this expert's advice for doing it right.

12/20/2017

SCORE Lancaster-Lebanon is looking for a few (more) good mentors [column]
While SCORE clients are often in need of mentors with expertise in areas like launching, owning, managing or selling a business, they may need other types of guidance, too. For example, niche professionals, such as those working in trade, have valuable ...

SCORE Lancaster-Lebanon is a nonprofit organization dedicated to helping area small business owners grow and succeed.

12/16/2017

Generational Equity Reports: Powell Nomination for Fed Chair Makes This a Good Time to Sell Your Business
DALLAS, Dec. 5, 2017 /PRNewswire/ -- One of the most important aspects to receiving maximum value when selling a business is the timing of the transaction. The recent announcement that Federal Reserve Governor Jerome Powell will be nominated as the ...and more »

DALLAS, Dec. 5, 2017 /PRNewswire/ -- One of the most important aspects to receiving maximum value when selling a...

12/15/2017

Habs acquisition one of his favourite deals, Molson tells M&A Forum
If you're selling a business, you “don't want to walk around saying you want to sell,” Elkin told the Montreal Gazette in an interview. But in that environment, knowledge about best practices doesn't get shared and it can be challenging for people ...

When Andrew Molson told a Montreal audience one of his favourite acquisitions was the Montreal Canadiens, he wasn’t just talking about a hockey team – he was also talking about the busi…

12/12/2017

Six Essentials To Consider Before Buying A Business
As an entrepreneur who has taken over several small businesses in the past, I can say that buying a business has lots of advantages -- the biggest of all being having direct access to an established customer base. In my personal experience, taking over ...and more »

Despite what it may seem, buying a business is never easy, even when it’s just a small addition to your portfolio.

12/12/2017

Transitions in the Family Business, Part III: A Successful Sale
Whatever the motivating factor, selling a business, especially a family-owned business, is almost always a once-in-a-lifetime experience. What may have taken several generations to build can easily be squandered in a bungled sales process. For this ...

This post is Part III in a three-part series summarizing and exploring Transitions in the Family Business: A Conversation with Family Business Owners...

12/10/2017

How to Value your Business
If you are selling a business in Florida, or considering taking in an equity partner there are norms that we have found for valuations based on the sale of businesses in Boca Raton, West Palm Beach, Fort Lauderdale and Miami. As Florida Business ...and more »

How much is your Business worth? Are you interested in Selling your Business or taking on a Partner for your Business? The key to success is pricing the company in a fair and equitable manner. Flor…

12/09/2017

Should You Buy an Existing Franchise?
3. Is franchise ownership a good fit for you? While you may avoid some of the intensely grueling hours required to start a franchise from scratch, operating a business is never an easy task for an owner. Evaluate the time and investment necessary to ...

If the idea of buying a new franchise is daunting, consider buying an existing one. These four questions will help you decide if it's a good deal or not.