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Transportation

The Most Explosive Variable in a Limousine Business Sale: Emotional Intelligence

Last updated on October 15, 2010 by Sozo Staff Leave a Comment

When limousine and chauffeured transportation business owners approach a business sale, they address many variables that will influence the success of their industry exit. Some of these variables include: a business valuation, consulting financial advisers and transaction tax strategists, hiring a business broker that understands their industry, etc. However, many business owners neglect to address […]

Filed Under: Transportation

Why the Transportation Business Flourishes in the Summer

Last updated on October 11, 2010 by Sozo Staff Leave a Comment

If you are thinking about selling your transportation business, you may be wondering when the right time of the year to sell is. Generally, business brokers have steady sales throughout the entire year. However, the summer months can become a time when buyers and sellers can quickly find and close on deals. Brokers have attributed […]

Filed Under: Transportation

Strategies for Maximizing the Value of Your Transportation Business

Last updated on September 18, 2010 by Sozo Staff Leave a Comment

Companies and businesses are always seeking ways to increase their value, even if the owner doesn’t plan on selling the business any time soon. For those looking to sell a transportation business, the following tips can go a long way toward making your business more attractive to buyers. For those planning on owning the company […]

Filed Under: Transportation

Should I Start a New Limo Business or Buy an Existing One?

Last updated on July 22, 2010 by Sozo Staff Leave a Comment

A career in the limousine and chauffeured transportation industry can begin in one of two ways: buying a business or starting one. There is nothing wrong with either approach. However, the probability of success is much higher when buying an existing business. Here is why. Statistics: According to the SBA, new businesses with less than […]

Filed Under: Transportation

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