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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

Do You Know Why Your Business is Not Making Enough Money?

December 5, 2022/in Articles/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 […]

Find Your Passion In Your Work When Buying A Business

September 10, 2022/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 […]

Why Don’t More People Buy Businesses?

August 21, 2022/in Articles, Business Audit Tips, Business Buying, Business Due Diligence Horror Stories, Newsletters/by Willard Michlin

Why More People Do not buy a business? Introduction You may not believe what they say yourself, but if you have been in the business of buying businesses for a long time you’ve heard someone repeat this time worn statement. “One in 14 buyers actually buys a business.” The business brokerage industry throws around this […]

Get Rich While Going Green and Saving Your Dollars

May 12, 2022/in Business Buying/by Willard Michlin

Going Green helps the earth and saves you money. So how do we do that? This is a very interesting subject. The “Green Environmentalists” are designing and building new low energy use buildings. Because of the three year draught, they are also recycling water and reducing energy use. Congress passed a law subsidizing solar generated […]

Why We Need Due Diligence Just to Sign a Purchase Contract

April 27, 2022/in Business Due Diligence Horror Stories, Due Diligence/by Willard Michlin

Henry is an educated businessman. He has real estate license but wanted to find a method of earning extra income. He has been looking at various businesses. He was now interested in a Laundromat. He collected the necessary preliminary information and sent it to me, along with a signed accepted offer, to review and discuss. Prior […]

Due Diligence Pitfalls: What are the biggest barriers to doing Due Diligence?

April 4, 2022/in Due Diligence/by Willard Michlin

When buying a business one has to see what is not on the financial documents provided by the seller. To do that you need to graduate the Sherlock Holmes College of Observation.  Mr. Holmes was famous for seeing small clues that appeared to others to be meaningless, but in truth, were the keys to solving […]

Why Should Inventory and Accounts Receivable be Part of the Purchase Price?

March 27, 2022/in Business Buying/by Willard Michlin

Why should Inventory and Accounts Receivable be Part of the Purchase Price? The standard procedure when a broker takes a listing, on a small main street business, can be with or without the inventory being included in the listing price. Including it actually presents a more honest picture, to the buyer, of what is required […]

Purchasing A Business? Find The Right One For YOU!

October 16, 2021/in Business Buying, Consultants, Due Diligence/by Willard Michlin

Are you interested in purchasing an existing business? What type of business will you excel in owning? Start here with our help and save yourself stress, time and money!

How to start your own business & be successful

April 12, 2021/in Business Buying/by Willard Michlin

Do you want to start a business and be successful? In the movie and play South Pacific there is a song called “Happy Talking.” The words to that song go something like this (feel free to sing along if you know the tune): “Happy talk, keep talkin’ happy talk, Talk about things you’d like to […]

Is Buying An Online Business The Way To Go After COVID-19 Is History?

December 15, 2020/in Articles, Specialties/by Willard Michlin

Last week I received a phone call from Dan in New York City. He and his wife decided it was time to get out of Dodge and move to Southern New Jersey, where the air is cleaner. Dan had located a brick and mortar school that had some online presence. Since the COVID-19 shut down […]

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Willard Michlin, CPA, CBB, CFE

Willard Michlin, CPA, CBB, CFE, Expert Witness

California Licensed Real Estate Broker #00529559

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