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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

High Yield Trust Deed Investments — How do they work?

October 6, 2020/in Articles, Specialties/by Willard Michlin

Before we can talk about Investing in Trust Deeds the reader has to know the meaning of some of the key words. Definitions   Hard Money Loan = An investor writes a check to fund the loan. It is real hard cash money that is lent to a real estate owner who is borrowing money. Soft […]

Would you buy a business or home without an inspection report?

September 24, 2020/in Business Valuation TIps/by Willard Michlin

Insurance companies figured out real fast that it is in their best interest to make sure that real estate buyers do what was in the best interest for the buyers – which is to protect themselves from the sellers. 

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.

The Best Way to Find the Right Business for You

May 11, 2020/in Business Buying, Business Buying Troubleshooting/by Willard Michlin

The time to get advice is early in the game, not after you have signed a purchase agreement and suddenly find that you have only 10 days to complete all due diligence Many people look for a good, profitable business of any type. That makes sense… or does it? People such as this are not […]

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 […]

Business Evaluation Pitfalls: How to Evaluate the True Worth of a Business: Sanity Check-Buying A Business

April 19, 2020/in Business Valuation TIps, Due Diligence/by Willard Michlin

Getting the True Value of a Business. In the business broker community there is a review process that helps a buyer determine if a business purchase makes sense or not. This check can be done by a Fortune 500 company where everything is figured down to the penny and takes 1000 hours of research or […]

Due Diligence Case Study: Poor Bookkeeping Leads to Confusion

March 15, 2020/in Articles, Business Buying, Business Buying Troubleshooting, Due Diligence/by Willard Michlin

This is a true story of one of my due diligence assignments regarding a thief operating from within a tree trimming and landscaping company in Northern California.

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 […]

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Willard Michlin, CPA, CBB, CFE

Willard Michlin, CPA, CBB, CFE, Expert Witness

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