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Willard Michlin

About Willard Michlin

This author has not written his bio yet.
But we are proud to say that Willard Michlin contributed 105 entries already.

Entries by Willard Michlin

Consulting “By the Minute”

September 16, 2020/in Articles, Business Buying Troubleshooting, Due Diligence/by Willard Michlin

Last week, at the end of the day, I was ready to go home, but because I had to wait for my wife, I could not. Not being one to lay back in my chair, and close my eyes, I had an idea. It has been months since I acted like a business buyer and […]

Fire & Water Restoration Companies

August 18, 2020/in Articles/by Willard Michlin

In a video I did back in 2012, I talked about looking for a business that is mandated by law or by life. The insurance business does not stop or slow down because of an economic slowdown. It is a great industry to be connected to if you do not want to worry about economic […]

A Fresh Approach to Finding a Business

June 7, 2020/in Business Buying/by Willard Michlin

If you have gotten tired of looking at the same old main street businesses, I would like you to know you are not alone. You should be prepared to look for up to two years to find the right fit.

Does it makes sense to buy business in these COVID-19 crises times?

April 21, 2020/in Business Buying/by Willard Michlin

As I was picking up my daily e-mails, the above question was staring me in the face. I thought, “Wow” this is a great question? What I have been noticing is the way consumer business is changing. A lot of those changes are permanent and not just in place because of the virus. Let’s look […]

Find Your Passion In Your Work When Buying A Business

February 5, 2020/in Business Buying, Due Diligence/by Willard Michlin

The most common comments I hear from business buyers are “What is a good business to buy? I am open to any business that can make me money” They also bring up this question whenever they find any company that looks interesting. “Is this a good industry to be in?” What they are not getting […]

Do you know why your business is not making enough money?

December 1, 2019/in Articles, Specialties/by Willard Michlin

Your Company is capable of making money. Very few business owners think they are making all the income their business is capable of making.   In fact this is overwhelmingly the number one complaint that business advisors hear. Occasionally a CPA will hear a complaint from their client that he is making so much money the […]

What’s a good business to go into?

October 15, 2019/in Business Buying Troubleshooting/by Willard Michlin

Business Buying Opportunity: Should You Buy A Distressed Business?

August 10, 2019/in Business Buying/by Willard Michlin

Everyone wants to buy a good profitable business making over $100,000 per year. The problem is there are only a limited amount of these businesses on the market. The reason for this  is everyone wants the same thing.  The results is the pricing is too high and the availability is too low. 

Upfront Fees with Business Brokers

July 20, 2019/in Articles/by Willard Michlin

Upfront Appraisal or Valuation Fees by Business Brokers I live in California, where upfront fees are illegal. The way brokers can get around this in California is to charge for an appraisal and be paid for it. After the appraisal is completed, the broker can ask for and receive a listing. If the listing is […]

The Art of Getting Financial Records Before Signing a Letter of Intent

July 10, 2019/in Articles, Business Buying, Specialties/by Willard Michlin

How to handle brokers wanting offers before due diligence We have all heard of “The battle of the sexes”. What is not as well-known but as difficult a battle “is the one between “brokers and business buyers” regarding getting a business’s financial information. This article will discuss: 1. How to get listing brokers to release […]

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Willard Michlin, CPA, CBB, CFE, Expert Witness

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