Author: Vince Liuzzi

I help Cleveland-area business owners do two things: buy businesses worth buying, and sell businesses at prices worth celebrating. I've been working in business brokerage and M&A with Transworld Business Advisors of Cleveland Metro long enough to know that this work is about more than transactions. Selling a business you've spent 20 years building is one of the most significant events of your professional life. Buying your first business is one of the most nerve-wracking. Both deserve someone in your corner who's been through it hundreds of times. I started this blog — Community Broker News and Views — because I got tired of watching business owners get surprised by things they didn't know they didn't know. The content here is original, it's practical, and it's built for Cleveland-area owners and buyers who want straight talk without the corporate fluff. **What I Do:** - Business valuations (complimentary, no-obligation) - Seller representation: valuation, preparation, listing, and closing - Buyer representation: search, evaluation, financing, and closing - Exit planning: helping owners prepare 1–3 years before they want to sell *Vince Liuzzi | Transworld Business Advisors of Cleveland Metro* *Serving Cleveland, Akron, and Northeast Ohio*

Retire Early?

Although it may not always be a possibility for everyone, preparation is key. Remember, its’ never to early to plan for retirement. As this couple found out early retirement was achievable by making some quick drastic changes. In her article, Andrea Coombes lays out 8 tips for success from early retirees.

Vince Liuzzi

Essential Executive Leadership Skills – Recognizing Talent

The most effective executive leaders understand that future success depends on hiring the most talented individuals possible. Considering the impressive array of new technologies available to help companies as they expand, some leaders may begin to put less emphasis on recruiting top talent. This mindset, however, proves extremely limiting. When a mediocre employee interacts with advanced technology, the result is still mediocre work. In today’s competitive market, forgiveness margins for mediocrity have dwindled.
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What’s wrong with my savings plan?

A surprising statistic about the decline in personal savings rate of consumers in America was shared recently in a report published by Nerd Wallet. The study shows a sharp decline in savings rates post the 2008 economic crisis. Through the end of the third quarter of 2013, the consumer savings rate in the United States was 4.9% – down from 5.8% in 2008 – a 10 year high mark. Continue reading “What’s wrong with my savings plan?”

The Wisdom of Warren

As a veteran banking  professional and former senior executive leader at Wells Fargo Bank, I have been a student and follower of the teachings of Warren Buffett for many years.  Its no secret that Warren and his company Berkshire Hathaway are one of the largest investors in Wells Fargo Bank and have been for quite some time. Continue reading “The Wisdom of Warren”