Transportation

Reasons to Sell Your Business

Thumbnail image for Reasons to Sell Your Business

Too often, business owners miss perfect opportunities to sell their business because they are considering all the wrong aspects of the sale. While sale price is certainly very important, it should not be the only factor driving you to sell. For example, if you’re considering selling, there are definitely reasons behind the thought, and you [...]

Read the full article →

How Baby Boomers Will Affect Business Sales

Thumbnail image for How Baby Boomers Will Affect Business Sales

The collective retirement of the Baby Boomers, those born between 1946 and 1964 who make up some 78 million Americans, will have an enormous impact on the future of buying and selling businesses. In the past, businesses were transferred to the next generation within the family, but with less than 1/3 of business ownership transfers [...]

Read the full article →

How to Know if Your Transportation Broker is Qualified:

Thumbnail image for How to Know if Your Transportation Broker is Qualified:

If you’ve made the smart decision to hire a transportation broker to help you complete your shipping project, you should be aware that not all brokers are created equal. Sometimes there can be huge gaps in the levels of service you receive if your broker is not well qualified. Fortunately, there are some common denominators [...]

Read the full article →

Before Moving Forward With a Sale, Understand Tax Responsibilities

Thumbnail image for Before Moving Forward With a Sale, Understand Tax Responsibilities

Experience business brokers recognize the complexity of selling a transportation business better than anyone. Many professional appraisers, brokers, accountants, and tax specialists have been working in the industry for many years and have learned to anticipate potential roadblocks which might arise during the selling process. One of the most common obstacles concerns taxes; oftentimes our [...]

Read the full article →

Entrepreneurial Benefits of Buying A Limousine Company

Thumbnail image for Entrepreneurial Benefits of Buying A Limousine Company

For an entrepreneur, starting up or purchasing an existing limousine company can be a rewarding and exciting career. However, there are many things to consider before entering the transportation industry. Five basic things to consider before purchasing an existing company are: Services While some limo companies target a specific service, such as wedding events or [...]

Read the full article →

Customer Service in the Transportation Sector

Thumbnail image for Customer Service in the Transportation Sector

If you are a transportation business owner, you will have interaction with customers on a daily basis. In a limousine company, you will directly offer chauffeur services to your customers. You will be responsible for transporting the customer to and from a specific destination at the pre-arranged time. If you own a freight trucking business, [...]

Read the full article →