Transportation Business

Who Will Buy My Business?

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Many people considering selling their business, especially transportation businesses, miss important sale opportunities because they doubt their business’s ability to sell. They worry that because their business is struggling, like many businesses in today’s economy, that they will be forced to accept a very low price or that sellers will not be at all interested [...]

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When are Business Valuations Necessary?

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Business valuations, or a professional assessment of the financial worth of your business, are necessary in more situations than many business owners realize. In most situations, it is smartest to have a professional third party, such as a broker, assess the value of your business to prevent disagreements from arising among the parties invested in [...]

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Green Trends in the Transportation Industry

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It seems the green trend has taken permanent root in America. Most Americans nationwide are making an effort to make their lifestyles more sustainable, and transportation companies are doing the same. Tour bus companies, trucking companies, school districts, and even hospitals have all discovered the benefits of saving money by greening their vehicles and reducing [...]

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Updating Your Transportation Business’ Fleet

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For most new businesses, purchasing new, expensive sedans and stretch limos is unrealistic. The down payment and monthly payment is too high for a new company. They may choose to purchase slightly used vehicles that are lower in cost, yet still serve the same function. However, for many, purchasing a used vehicle is a daunting [...]

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Planning Ahead: The Importance of Having a Strategy for Selling Your Business

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The slump in the economy during the past couple of years has caused a great deal of anxiety for business owners, many of whom are unsure if they will be able to keep their company. Businesses across the country have had to close for good or sell their company for what would have previously been [...]

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Before Selling Your Transportation Business, Consider These Tips

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If you are considering selling your limousine or bus company, there are a few things you must know before you close a deal. Those selling a limousine business or bus company are often less experienced than the buyers, and this experience gap can lead to you sellers being taken advantage of. So before you sell, [...]

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Is Your Financial Advisor Helping or Hurting the Sale of Your Transportation Business?

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If you are in the process of selling your transportation business, chances are that you have consulted with a financial advisor. Perhaps your trucking business has been on the market for several months, maybe even a year. You are quick to blame the economy. However, if you have chosen a financial advisor that is inexperienced [...]

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