In this episode of Small Biz Florida, we have a captivating conversation with Jim Parker, the President of Boss Group International, a Certified Business Intermediary. Jim brings his extensive experience in business brokerage to the table, shedding light on the dynamic world of buying and selling businesses in Florida.
Jim shares his personal journey as an entrepreneur, owning a successful wedding business in the '90s, and the challenges he faced, including the impact of September 11th on his business. He introduces the concept of certified business brokers, highlighting their expertise in facilitating mergers, acquisitions, and sales, often involving SBA lending.
The discussion delves into the current landscape of business sales in Florida, focusing on generational shifts, secession planning, and the influx of people relocating to the state. Jim emphasizes that Florida is currently experiencing the greatest transfer of personal financial wealth, with many baby boomers looking to retire.
Tune in to this episode for a comprehensive look into the business brokerage landscape and the opportunities and challenges it presents for entrepreneurs and investors.
Recorded live at this year’s FLAGGL Small Business Lender’s Conference hosted at The JW Marriott Orlando, Grande Lakes
Learn more about Boss Group International: https://bossgi.com/
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