Archive for Blog

Play to Win

Play to Win

Sports and business have unlimited comparisons. The obvious similarities are team work, focus and a desire to win. When playing a ballgame the scoreboard clearly depicts the winner and the loser. However, success in a vacation rental business is often difficult to discern. The primary…

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Selling Your Vacation Rental Company? There is More to Consider than the Sales Price

Selling Your Vacation Rental Company? There is More to Consider than the Sales Price

When you have an offer on the table for your vacation rental management company, the price tag jumps off the page. It is especially distracting if the price is higher than you had hoped. Your hard work has paid off, and you want to close…

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The Mergers & Acquisitions Landscape

The Mergers & Acquisitions Landscape

Where We’ve Been and What We Can Expect Going Forward As we begin another new year in the Vacation Rental Industry, numerous changes abound. These changes continue to take similar form from years past. Some of the most impactful changes range from distribution terms to…

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Is Your Business Ready for a Catastrophic Event?

Is Your Business Ready for a Catastrophic Event?

As I write this column, our neighbors to the east located in Panama City and Mexico Beach Florida have incurred probably the worst natural disaster we’ve seen along Florida’s Northwest Gulf coast in my lifetime. Numerous homes, families and businesses have suffered tremendously as result…

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What Selling Your Business Could Cost You

What Selling Your Business Could Cost You

Selling a vacation rental business is one of the largest transactions of one’s career. Vacation rental purchase and sale transactions are now a mainstream exit strategy for vacation rental company owners. Owning, managing and maintaining a vacation rental business is a difficult endeavor. Operating a…

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It’s That Time of Year… Financially Preparing Your Business for 2019

It’s That Time of Year… Financially Preparing Your Business for 2019

As the summer slows down, many of us are trying to catch our breath, while other Vacation Rental Manager’s (VRM) are gearing up for peak winter season. No matter whether you’re going into relaxation or ramp up mode, all VRM’s should be thinking about financially…

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Reducing Risk in the Sale of Your Vacation Rental Business

Reducing Risk in the Sale of Your Vacation Rental Business

In many cases, the sale of your vacation rental business will be the largest and most important transaction in your career. Needless to say, it is a material transaction and one that requires patience, knowledge and diligence. Having your eyes wide open is a phrase…

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Tips on How to Sell Your Business for More Than Its Worth

Tips on How to Sell Your Business for More Than Its Worth

While vacation rental purchase and sale transactions continue to increase throughout the professional management community, vacation rental company owners are being aggressively solicited to selling their business. Vacation rental Company Owners (VRCO) are primarily receiving letters in the mail from larger, more national company’s trolling…

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The Top Five Mistakes When Selling Your Business

The Top Five Mistakes When Selling Your Business

The purchase and sale of vacation rental companies continues to be the most effective way to increase inventory and grow the value of an existing operation. As vacation rental managers consider purchasing or selling an existing operation, we’ve found several areas that are important to…

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Finding Focus in 2018

Finding Focus in 2018

As we start another year, we see a myriad of changes in the industry. Noise and distractions are at an all-time high. Changes in distribution, new technology and increased exit opportunities force vacation rentals managers to dedicate time, effort and energy towards these changes. These…

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