Transportation Business

How To Ward Off Tire Kickers

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Selling a transportation business is not something many do repeatedly. Therefore, the amount of seller expertise found amid transportation business owners is limited. They are all too likely to make classic mistakes due to lack of knowledge. Unfortunately the first and most classic mistake which a seller will make is divulging too much information. The [...]

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Price Allocation for Business Sales

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If you are in the process of selling your business or are considering doing so, then it’s important that you understand some of the basics of price allocation. Price allocation is the process by which businesses affix values to their assets, and, although seemingly straightforward, the process can be very complicated. First, understand that both [...]

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Advice on Safe Truck Driving

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Truck driving can be a very rewarding career, but one of the most important aspects of your job is learning how to drive safely. There are a number of ways to do this, and one of these techniques is called “target driving.” Target driving involves you as the driver focusing your attention on an object [...]

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Mistakes to Avoid When Selling Your Ambulance Business

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Unfortunately, many ambulance business sellers make mistakes that are ultimately detrimental to the sale of their business. For example, many sellers underestimate the emotional experience that selling a business can be. You’ve probably invested a lot of yourself in your business, so it might not be easy to pass it on to a buyer. Recognize [...]

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Tips for Running a Limo Company as a New Owner

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You have just purchased your own limousine business. As the owner, it is up to you to determine fair, reasonable rates for your customers. Developing rates is not as easy as simply listing a price per hour. While each limousine company will have their own unique rates, there are a few key tips that can [...]

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The Potential Buyers and Sellers in the Transportation Sector

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Deciding to sell a transportation business is a stressful choice for those looking to exit the industry. The decision to sell a company comes with a whole host of anxieties and worries which may exceed those of continuing to run the business. The current economic climate may make you wonder if there is a viable [...]

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Hiring a Business Broker When Selling a Company

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Issues and complications are expected to arise during any business sale. In the transportation industry, there are 5 common issues that may arise: 1) Inventory Valuation One aspect that is often overlooked during a business sale is the appropriate value of inventory. The seller may have an inaccurate value based on what he/she feels the [...]

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Why Hiring A Business Broker is Needed When Selling a Transportation Business

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Maybe you are looking for a local trucking company for sale. Or maybe you are interested in expanding your ambulance business. Perhaps you have searched for limousine businesses for sale in Chicago or even researched the charter bus industry. Whether you are interested in expanding your existing company or looking to enter a new industry, [...]

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