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pricekongcpas · 2 months
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byarealhuman · 3 months
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My Number #1 Problem With Shopify
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full blog post...
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businessblogs35 · 6 months
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St. Louis Business Sales: Expert Strategies for Sellers and Buyers
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In the vibrant landscape of St. Louis, opportunities abound for entrepreneurs looking to sell or purchase businesses. Whether you're a seasoned seller or a prospective buyer, navigating the complexities of business transactions requires expertise and finesse. From valuation to negotiation, every step demands careful consideration to ensure a successful deal. In this comprehensive guide, we delve into expert strategies tailored for both sellers and buyers in the St. Louis business market.
I. Understanding the St. Louis Business Landscape
Before diving into the intricacies of buying or selling a business in St. Louis, it's essential to grasp the unique dynamics of the local market. St. Louis boasts a diverse economy spanning various sectors, including healthcare, manufacturing, technology, and tourism. This diversity presents a wealth of opportunities for entrepreneurs seeking to enter or expand within the region.
Key considerations for buyers:
Market Analysis: Conduct thorough research to identify sectors experiencing growth and stability in St. Louis. This insight will inform your decision-making process and help pinpoint lucrative investment opportunities.
Competitive Landscape: Evaluate existing businesses within your target industry to understand competition levels and market saturation. Identifying gaps or niche markets can offer a competitive advantage.
Regulatory Environment: Familiarize yourself with local regulations and licensing requirements pertinent to your chosen industry. Compliance is crucial for seamless business operations post-acquisition.
Key considerations for sellers:
Business Valuation: Accurately assessing the value of your business is paramount to attracting potential buyers. Collaborate with experienced business brokers in St. Louis to conduct comprehensive valuations based on financial performance, assets, and market trends.
Preparation: Ensure your business is primed for sale by addressing any operational inefficiencies or outstanding issues. Presenting a well-organized and financially sound enterprise enhances its appeal to prospective buyers.
Marketing Strategy: Develop a robust marketing strategy to showcase your business to potential buyers effectively. Leverage online platforms, networking events, and targeted advertising to maximize visibility within the St. Louis market.
II. Strategies for Sellers: Maximizing Value and Streamlining Transactions
For sellers, navigating the intricacies of selling a business can be daunting. However, with the right strategies in place, you can streamline the process and maximize the value of your enterprise.
1. Engage with Experienced Business Brokers in St. Louis: Collaborating with reputable business brokers in St. Louis can significantly enhance your chances of a successful sale. These professionals possess in-depth knowledge of the local market dynamics and have extensive networks of potential buyers. By leveraging their expertise, you can access valuable insights and guidance throughout the selling process.
2. Prepare Comprehensive Documentation: Before listing your business for sale, ensure all financial records, legal documents, and operational details are meticulously organized and up-to-date. Buyers will scrutinize these documents during due diligence, so transparency and accuracy are paramount. Working with legal and financial advisors can help ensure compliance and mitigate any potential issues.
3. Highlight Growth Opportunities: When marketing your business to prospective buyers, emphasize its growth potential and competitive advantages. Showcase past performance metrics, market trends, and strategic initiatives that position the business for future success. Demonstrating scalability and profitability can significantly increase buyer interest and valuation.
4. Negotiate Wisely: Negotiating the terms of a business sale requires a delicate balance between achieving favorable outcomes and maintaining goodwill with the buyer. Collaborate with your business broker to craft a negotiation strategy that prioritizes your objectives while remaining flexible and open to compromise. Clear communication and transparency are essential to fostering trust throughout the negotiation process.
III. Strategies for Buyers: Identifying Opportunities and Mitigating Risks
For prospective buyers, acquiring a business in St. Louis presents an exciting opportunity for growth and expansion. However, conducting thorough due diligence and adopting a strategic approach are crucial to mitigating risks and maximizing returns.
1. Define Your Acquisition Criteria: Before embarking on the search for a business to purchase, clearly define your acquisition criteria based on your industry expertise, financial resources, and growth objectives. Consider factors such as business size, location, industry niche, and growth potential to narrow down your options effectively.
2. Conduct Comprehensive Due Diligence: Once you've identified a promising acquisition target, conduct rigorous due diligence to assess its financial health, operational efficiency, and market positioning. Engage with industry experts, legal advisors, and financial analysts to uncover any potential risks or liabilities. Thorough due diligence is essential for making informed investment decisions and avoiding costly pitfalls.
3. Seek Guidance from Business Brokers in St. Louis: Partnering with experienced business brokers in St. Louis can provide invaluable support throughout the acquisition process. These professionals can help identify suitable opportunities, facilitate negotiations, and navigate complex legal and financial considerations. Leveraging their expertise can streamline the acquisition process and increase the likelihood of a successful transaction.
4. Secure Financing Options: Depending on the size and nature of the acquisition, securing adequate financing is a critical aspect of the buying process. Explore various financing options, including traditional bank loans, SBA loans, private equity, or seller financing. Assess the financial implications of each option carefully and choose the most suitable solution for your circumstances.
Conclusion
In the dynamic landscape of St. Louis business sales, success hinges on strategic planning, meticulous execution, and expert guidance. Whether you're a seller looking to maximize value or a buyer seeking lucrative opportunities, leveraging the right strategies is essential for achieving your objectives. By partnering with experienced business brokers in St. Louis and adopting a proactive approach, you can navigate the complexities of the market with confidence and achieve optimal outcomes for your business endeavors. Remember, whether you're looking to sell or buy, the expertise of business brokers in St. Louis can be invaluable in facilitating smooth transactions and ensuring favorable results in the competitive arena of business for sale St. Louis.
FAQs
1. What role do business brokers play in St. Louis business sales? Business brokers in St. Louis serve as intermediaries between sellers and buyers, facilitating transactions by providing market insights, valuations, and negotiation support. They play a crucial role in connecting buyers with suitable opportunities and guiding sellers through the selling process.
2. How long does the typical business sale process take in St. Louis? The duration of a business sale process in St. Louis can vary depending on various factors, including the complexity of the transaction, market conditions, and the diligence of the parties involved. On average, the process may take anywhere from several months to a year to complete.
3. What are the common financing options available for buyers in St. Louis? Buyers in St. Louis have access to a range of financing options, including traditional bank loans, Small Business Administration (SBA) loans, private equity investment, and seller financing. Each option has its pros and cons, and the most suitable choice depends on factors such as the size of the acquisition and the buyer's financial situation.
4. How can sellers maximize the value of their businesses in St. Louis? Sellers can maximize the value of their businesses in St. Louis by focusing on key areas such as financial performance, operational efficiency, and growth potential. Engaging with experienced business brokers, preparing comprehensive documentation, and highlighting growth opportunities can significantly enhance a business's appeal to potential buyers.
5. What are the essential steps involved in conducting due diligence for business acquisitions in St. Louis? Conducting due diligence for business acquisitions in St. Louis involves thoroughly evaluating the target company's financial records, operational processes, legal contracts, and market positioning. Buyers should engage with industry experts, legal advisors, and financial analysts to uncover any potential risks or liabilities and ensure
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fcbb-blogs24 · 6 months
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Profitable Ventures: Exploring Businesses for Sale in Albuquerque
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Albuquerque, New Mexico, boasts a vibrant business landscape ripe with opportunities for aspiring entrepreneurs and seasoned investors alike. Whether you're looking to establish your foothold in the market or expand your existing portfolio, exploring businesses for sale in Albuquerque presents an array of enticing prospects. From bustling retail stores to thriving service-based enterprises, the city offers a diverse range of ventures primed for success. In this comprehensive guide, we'll delve into the dynamic business environment of Albuquerque, highlighting key sectors, investment considerations, and valuable insights to help you navigate the landscape effectively.
Understanding the Business Landscape
Albuquerque's business ecosystem encompasses various industries, including hospitality, healthcare, technology, and manufacturing, among others. As the largest city in New Mexico, it serves as a regional hub for commerce and innovation, attracting entrepreneurs from across the state and beyond. The city's strategic location, favorable business climate, and robust infrastructure contribute to its appeal as a prime destination for investment.
Key Sectors Driving Growth
Hospitality and Tourism: With its rich cultural heritage, stunning landscapes, and vibrant arts scene, Albuquerque attracts millions of visitors each year. Businesses in the hospitality sector, including hotels, restaurants, and entertainment venues, stand to capitalize on the city's thriving tourism industry.
Healthcare Services: As the demand for quality healthcare continues to rise, opportunities abound for businesses in the healthcare sector. From medical clinics and specialty practices to wellness centers and senior care facilities, Albuquerque offers a diverse array of healthcare-related ventures.
Technology and Innovation: Albuquerque's burgeoning tech scene is fueled by a talented workforce, supportive entrepreneurial ecosystem, and proximity to research institutions such as Sandia National Laboratories and the University of New Mexico. Businesses involved in software development, cybersecurity, biotechnology, and renewable energy are well-positioned to thrive in this dynamic environment.
Manufacturing and Logistics: With access to major transportation networks and a skilled workforce, Albuquerque serves as a strategic location for manufacturing and logistics operations. Businesses involved in aerospace, defense, electronics, and advanced manufacturing can leverage the city's resources to drive growth and efficiency.
Exploring Opportunities in Businesses for Sale Albuquerque
Whether you're interested in acquiring an established enterprise or launching a startup, exploring businesses for sale in Albuquerque offers a range of advantages. From minimizing startup costs and accelerating time to market to tapping into existing customer bases and operational infrastructure, purchasing an existing business can provide a solid foundation for success.
Factors to Consider
Market Demand: Evaluate the demand for products or services offered by the business within the local market. Conduct thorough market research to assess competition, consumer preferences, and industry trends.
Financial Performance: Review the financial records of the business, including revenue, expenses, and profitability. Look for opportunities to optimize operations and enhance financial performance.
Operational Efficiency: Assess the efficiency of existing processes, systems, and workflows. Identify areas for improvement and optimization to streamline operations and maximize productivity.
Brand Reputation: Consider the reputation and brand image of the business within the community. A positive brand reputation can be a valuable asset that contributes to customer loyalty and business growth.
Investment Considerations
Location: Evaluate the location of the business and its proximity to key amenities, transportation routes, and target demographics. A strategic location can enhance visibility and attract foot traffic.
Scalability: Assess the scalability of the business and its potential for expansion or diversification. Look for opportunities to leverage existing assets and capabilities to fuel growth.
Legal and Regulatory Compliance: Ensure that the business complies with all applicable laws, regulations, and licensing requirements. Conduct due diligence to identify any potential legal or regulatory issues.
Transition Plan: Develop a comprehensive transition plan to facilitate a smooth handover of ownership and operations. Communicate with key stakeholders, including employees, customers, suppliers, and regulatory agencies.
Conclusion
Exploring businesses for sale in Albuquerque presents a myriad of opportunities for entrepreneurs and investors seeking to capitalize on the city's dynamic business landscape. From established enterprises to emerging startups, the city offers a diverse range of ventures across various sectors. By conducting thorough due diligence, assessing market dynamics, and leveraging available resources, aspiring business owners can position themselves for success in this thriving market. Whether you're looking to acquire a hospitality business in downtown Albuquerque or invest in a tech startup in the Innovation District, the possibilities are endless in this vibrant city.
Frequently Asked Questions (FAQs)
1. How do I find businesses for sale in Albuquerque?
You can explore businesses for sale in Albuquerque through various channels, including online business marketplaces, business brokers, networking events, and industry associations. Conducting thorough research and seeking professional guidance can help you identify viable opportunities that align with your investment criteria.
2. What types of businesses are in high demand in Albuquerque?
Businesses in sectors such as hospitality, healthcare, technology, and manufacturing are in high demand in Albuquerque due to the city's growing population, thriving economy, and strategic location. Additionally, businesses offering unique products or services that cater to the local market's needs and preferences are likely to succeed.
3. How can I evaluate the financial performance of a business for sale?
To evaluate the financial performance of a business for sale, review its financial statements, including income statements, balance sheets, and cash flow statements. Analyze key financial metrics such as revenue growth, profit margins, and return on investment. Additionally, consider factors such as market trends, competition, and operational efficiency.
4. What are the advantages of buying an existing business in Albuquerque?
Buying an existing business in Albuquerque offers several advantages, including established brand recognition, loyal customer base, proven revenue streams, and existing operational infrastructure. Additionally, acquiring an existing business can save time and resources compared to starting a new venture from scratch.
5. How can I finance the purchase of a business in Albuquerque?
There are several financing options available to fund the purchase of a business in Albuquerque, including traditional bank loans, Small Business Administration (SBA) loans, seller financing, and alternative lending solutions. It's essential to explore different financing options and choose the one that best suits your financial situation and investment objectives.
First Choice Business Brokers Albuquerque 6300 Riverside Plaza NW Suite 100 Albuquerque, NM 87120 (505) 999-1260 https://albuquerque.fcbb.com/
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businessblogs24 · 7 months
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The Buyer's Perspective: What to Look for in a Business Purchase
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In the dynamic landscape of entrepreneurship, purchasing an established business can offer a myriad of opportunities and challenges. Whether you're a seasoned entrepreneur or a newcomer to the world of business ownership, acquiring a company requires careful consideration and thorough due diligence. From financial viability to cultural fit, there are numerous factors to weigh before committing to a purchase. In this guide, we'll explore the key aspects that buyers should consider when evaluating a potential business acquisition.
Understanding the Landscape
Before diving into the specifics of a business purchase, it's essential to understand the broader market landscape. Researching trends in the industry you're interested in can provide valuable insights into potential opportunities and risks. Additionally, staying informed about the availability of businesses for sale in your desired niche can help you identify suitable acquisition targets.
Assessing Financial Health
One of the most critical aspects of evaluating a business for sale is assessing its financial health. A thorough review of the company's financial statements, including balance sheets, income statements, and cash flow statements, can provide valuable insights into its profitability and sustainability. Buyers should pay close attention to key financial metrics such as revenue growth, profit margins, and debt levels.
Key Financial Metrics to Consider:
Revenue Growth: Is the business experiencing consistent revenue growth, or are there signs of stagnation or decline?
Profitability: What are the company's profit margins, and are they sustainable in the long term?
Cash Flow: Does the business generate sufficient cash flow to cover its operating expenses and debt obligations?
Debt Levels: How much debt does the company carry, and what are the terms of its debt agreements?
By thoroughly analyzing these financial metrics, buyers can gain a clear understanding of the business's financial viability and potential for future growth.
Evaluating Operational Efficiency
In addition to financial health, buyers should also assess the operational efficiency of the business. This includes evaluating factors such as management structure, operational processes, and employee productivity. Conducting interviews with key stakeholders, including employees and management, can provide valuable insights into the company's internal operations.
Key Operational Considerations:
Management Structure: Is there a clear hierarchy in place, and are key roles and responsibilities well-defined?
Operational Processes: Are there efficient systems and processes in place to streamline operations and minimize waste?
Employee Productivity: What is the morale and productivity of the workforce, and are there any issues affecting employee retention or performance?
By evaluating these operational aspects, buyers can identify potential areas for improvement and assess the overall efficiency of the business.
Cultural Fit
In addition to financial and operational considerations, buyers should also evaluate the cultural fit between themselves and the company they're considering acquiring. This includes assessing factors such as company values, corporate culture, and management style. A mismatch in cultural fit can lead to friction and challenges during the transition period post-acquisition.
Cultural Fit Assessment:
Company Values: Do the company's values align with your own, and are they reflected in its day-to-day operations?
Corporate Culture: What is the prevailing culture within the organization, and how does it align with your own preferences and work style?
Management Style: How does the current management team operate, and is their style compatible with your own leadership approach?
Ensuring a strong cultural fit can help facilitate a smooth transition and foster a positive working relationship between the buyer and the existing team.
Conclusion
In conclusion, purchasing a business requires careful consideration of various factors, including financial health, operational efficiency, and cultural fit. By conducting thorough due diligence and seeking expert advice when necessary, buyers can mitigate risks and maximize the potential for success. Whether you're looking to buy a business in a thriving industry or seeking opportunities for growth and expansion, being informed and diligent in your approach is key to making a sound investment decision.
Frequently Asked Questions (FAQs)
1. How do I find businesses for sale in my desired industry?
There are several ways to find businesses for sale in your desired industry, including online marketplaces, business brokers, and networking within your industry. Additionally, attending industry events and conferences can provide opportunities to connect with business owners who may be considering selling their companies.
2. What financing options are available for purchasing a business?
Financing options for purchasing a business may include traditional bank loans, Small Business Administration (SBA) loans, seller financing, and venture capital investment. The best financing option for you will depend on various factors, including your creditworthiness, the size of the acquisition, and the terms of the deal.
3. How can I assess the value of a business?
Assessing the value of a business involves conducting a thorough valuation based on factors such as its financial performance, market conditions, and growth potential. Working with a qualified business appraiser or financial advisor can help you accurately determine the fair market value of a business.
4. What should I look for in a due diligence process?
During the due diligence process, buyers should review the company's financial records, legal documents, operational procedures, and customer contracts. It's also essential to conduct interviews with key stakeholders and perform a comprehensive analysis of potential risks and liabilities.
5. How can I negotiate a favorable purchase price for a business?
Negotiating a favorable purchase price for a business involves conducting thorough research, identifying areas for potential value creation, and presenting a compelling case to the seller. Working with experienced negotiators and leveraging market data can help buyers secure a deal that aligns with their financial goals and objectives.
By addressing these frequently asked questions and considering the key factors outlined in this guide, buyers can navigate the process of purchasing a business with confidence and clarity. With careful planning and due diligence, acquiring a business can be a rewarding investment opportunity for entrepreneurs seeking growth and success in their chosen industry.
First Choice Business Brokers Idaho 1120 S. Rackham Way, Suite 300 Meridian, Idaho 83642 (208) 957-7200 https://idaho.fcbb.com/
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emacrow · 1 month
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Tim whom is still banned from caffeine went into looking into other ways to get caffeine.
He went into anonymous source from someone name KingTuck4ever who talk about a energy drink that kept him up for weeks during a critical time of his life and Tim was at this point of desperate to spend any time of money he got.
Later that night, he received 6 very large Dark green boxes with a DP logo on it filled with Lightening Green tall soda cans with the name Ecto-Spark!, ingredients tags on the back, made with organic vegan products, DO NOT NEAR MEAT RELATED PRODUCTS, guaranteed to keep you caffeine deprived souls awake and alive enough to enjoy a night afterlife party! Or your money back.
Tim at the point didn't read the back as he pop open the top, smelling a strong scent of caffeine, carbonated bubble and a taste of lemon lime mixed with a tang flavor that had his mouth drowning nearly in drool.
He took only one experimental sip, before his eyes widen instantly and immediately began chugging the soda can for all the liquid caffeine it had inside. This was 1000 times better then Death Coffee Cup from his favorite Cafe that he was still banned from.
It felt like his whole body got electrified with energy and feel like he can run a whole 4 week marathon without breaking a sweat. This drink was like tasting nirvana after a week of being in a Gobi desert for his fucking soul.
.....
.....
.....
Bruce can never know about this. He can't tell anyone about this drink. Not Damian, Not dick, not step, maybe Jason, but Cass can kept a secret since she knew body language. He might possibly go rogue and kill Bruce himself if Bruce tried to take this from him.
Meanwhile Tucker was amazed of the total amount of money he received from the anonymous Caffine obsessed ghost. Usually he ended up receiving old relics, Egyptian related artifacts, gold coins, etc but this is a first he got actually modern day money.
Poor dude must've been recently form a core to spend that much money. Good thing he had send extra since he know how crazy those caffine-obsessed ghosts can be over the new drink he made specifically for himself, Sam and Danny but it's nice to have extra cash for new tech making. Especially since Danny became high king of the ghost zone when he became 20 year old, and the amount of paper works that had been left for dust collecting could filled a planet to the very brim.
Took him, Sam, Danny, Ghost writer and Techno 5 months to fully turn at least 26% of sacrifical gifts from ritual, contracts, conquests, complains from territorial ghosts about humans taking their land/house/property/or about their murder, help hundreds of ghosts stuck in their personal hell of a limbo of their own death, guy name Constantine whom was rapidly becoming a pain in Tucker's ass especially when he got one contract form his former previous life about this guy.
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duckprintspress · 7 months
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suddenly got curious why people follow us, and also just in general why people follow each other. i know for me I usually follow my friends, whether we became friends on another platform (Discord, Ravelry, AO3, etc.) or because we became friends after interacting with each others' personal posts.
but yeah.
tell prev why you followed them (vote and tell um in the tags!), then reblog to find out in the tags why people follow you!
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pocket-sized-potato · 3 months
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Being a crafter and having non-crafty friends/family insist that you should sell your finished objects is so frustrating. It would be like if when a mutual friend showed us pictures of painting the walls in an old house, the non-crafty friend immediately said, "You should start a home renovation company!"
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homkamiro · 11 months
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EVERYONE SHUT THE FUCK UP!!! I need to tell just how running blind fanfiction by @thetriggeredhappy fucked me up
I'm not joking when I say that this is my favourite fic ever made, I literally don't, everything about it is so perfect, so detailed and so emotional,, i cried a lot, i laughed a lot, and I was really amazed by some of the plot twitsts
EVERYONE needs to read it, and if you don't imma bust yo damn kneecaps
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seafoamdew · 5 months
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I’d give anything. Just let him live.
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hawkinsbnbg · 1 month
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It was a well-known secret that Jonathan Byers sold Steve Harrington’s photos at cutthroat prices to the students of Hawkins High.
People wanted to get mad at it but a picture of shirtless Steve in tiny green shorts was enough to silence their protests.
Although his buyers ranged from all genders, Jonathan wasn’t surprised at all. Because he, too, was a victim of that Harrington Charm—the very reason he had started collecting every picture of Steve in the first place.
His side business was just a front for him to do so without being harrassed by Tommy H. who, ironically, was one of his regulars.
And why was it a well-known secret?
Well, because Steve had no idea about it.
In a rare sense of solidarity, the whole school had joined forces and done their best to keep their king out of the loop.
(Even Eddie ‘The Freak’ Munson—who loved to run his mouth—seemed to understand the gravity of the situation and managed to keep the secret.)
Jonathan had never enjoyed photography more in his life.
When Steve eventually figured it out, he was surprisingly willing to let Jonathan take more… audacious photos of him.
Suffice to say, the profit had skyrocketed once Jonathan found the right group of customers.
(i.e. Eddie Munson had paid for the Bunny Collection with three bags of weeds, Tommy H. had paid a hefty amount for more Stockings, and Billy Hargrove kept coming back for Higheels & Lipstick.)
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elftwink · 1 year
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to preface this post i am anti-advertising i think we should explode the entire industry but it's sooo funny when you people make posts like "and they don't even work!!" like. sorry to be the bearer of bad news but yes they do. that's why we have to put up with so many despite everyone hating them and thinking its annoying. because they actually work really well and make a shit load of money
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rustystars · 2 years
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shawngus is so good the most dynamic ever. local weirdo who's only weird because he's angry at his father is in love with mr. normal upstanding citizen whose side gig is being the most neurotic man ever & their top love language is committing to the bit. if you put them in a situation where they can either follow the law or wear silly little costumes they will choose door #2 every single time & manage to destroy several other doors in the process
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nelkcats · 2 years
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Amity Candy Store
It turns out that having a portal to the Infinite Realms gives you resources to materials you've never seen before. Due to the recent peace treaty between Amity Parkers and ghosts they had begun to exchange products.
Some ghosts felt very nostalgic and wanted to try the food of the living again, or have access to objects not available on the dimension. Others simply wanted to show their shiny items to the liminals, after all there were so many portals on the dimension and they had a lot to trade!
One of those items was Kryptonite, ghosts were sure it was candy of some kind and told the liminals that and since ghosts and liminals could eat it without any consequences (Frostbite approved) the liminals assumed it was some kind of special candy. Like shiny rock candy.
So it is not surprising that when they opened a candy store they began to sell Kryptonite there. When the Justice League began to investigate the town's sudden silence from the outside world Clark didn't expect to feel extremely weak walking past the local candy store. Or that being around the local children would make him sick.
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canisalbus · 4 months
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Have you considered selling merch? Some stickers pins or patches of the boys would go hard
.
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warningsine · 5 months
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GIRLS5EVA • Summer Dutkowsky
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