Frequently Asked Questions
What Area’s do you cover?
Florida International Business Broker’s covers the entire state of Florida!
Sean Tabor is our dedicated broker focusing on Tampa Bay. Sean, a resident of Hernando County, works with clients from Sarasota County, Manatee County, Hillsborough County, Pinellas county, Pasco County, Hernando County, Citrus County, Sumter County, and Marion County.
Can you help me sell my business out of state?
The short answer is yes, we can help you sell your business out of state.
The longer answer is: Many states have different requirements on licensure, and many state’s don’t require licenses unless specifically dealing in Real Estate. You can always call us to help, and if we’re unable to do it ourselves, we likely have another agent we can refer to, and keep accountable along the way.
Should I Buy a Franchise?
Franchises can be a powerful path to business ownership—but like any investment, they require careful evaluation.
The strength of any business lies in its model. For a company to grow from a single location to multiple successful outlets, the underlying model must be solid, repeatable, and scalable. That’s exactly what a good franchise system offers: a proven blueprint that can be duplicated across different markets.
Many franchises provide outstanding support, including comprehensive training, operational systems, marketing tools, and ongoing guidance. These are especially valuable for first-time entrepreneurs or those looking for a “business-in-a-box” solution. If you're seeking a more turnkey approach to business ownership, a franchise can be a great fit.
However, not all franchises are created equal. Some rely heavily on brand recognition without offering real operational value or support. Others may overpromise and underdeliver, leaving franchisees with hefty fees and minimal guidance. That’s why it’s critical to look beyond the logo and ask the right questions.
Franchising isn't for everyone. But for the right person, and with the right brand, it can be a powerful way to step into entrepreneurship with a clear structure and support system already in place.
How much capital do I need to buy a business?
There’s a business for almost any budget. This question is often best suited for the right lender, if you’re trying to borrow money. However, many business owners are flexible and willing to work with many forms of buyers. It’s best to reach out to a broker to see what deals he or she is working on, and get some personal guidance to build a plan.
Why should I work with a business broker?
You’ve worked hard to build your business, and while the numbers vary annually many sources report that only 20-30% of businesses will sell, while the remainder will simply close their doors. Professional business intermediaries know and understand what makes businesses marketable, and can coach you through the nuances of selling or acquiring a business.
What should I look for in a Business Broker?
Working with a Business Broker is important, but picking the right Business Broker is crucial.
The most important thing in picking a business broker is making sure they’re willing to cooperate with other brokers, or “Co-Broke” as we call it. This means, if a buyer is working with another broker, they’re willing to split the commission. With many small businesses, a buyer’s broker will simply move to the next listing that is willing to share. Another important factor is credentials. Having a broker that’s spent time and money on educating him or herself is wise. Credentials such as DBA, MBA, CPA, J.D., indicate advanced degrees and a high level of professional expertise indicating a true understanding businesses beyond the transaction.
Broker’s may also pursue certificates such as CBI, MCBI, CM&A, CVA, or CEPA. While not as extensive as advanced degrees, these credentials indicate the broker has taken specific courses to understand certain aspects of their respective specialties.
Why should I buy a business?
There are several reasons acquiring a business may be the best option for you. Whether it’s a passive investment, expanding your current business, or pursuing your dream of entrepreneurship you don’t have to start from scratch. Purchasing businesses has been a viable option for many entrepreneurs for centuries.
What is my business worth?
The value of a business depends greatly on several factors, and unfortunately it’s not a one size fits all. One thing is for certain, you can’t believe the generalizations you see or hear online, especially social media. An in depth look at your business is required to determine it’s marketability and value.
When should I start planning the sale of my business?
Selling a business requires a lot of preparation, and the intelligent buyers are going to do their due diligence. Proper planning for your exit should begin years before the anticipated exit. If you haven’t begun, get in contact with a broker to discuss your options.