Some entrepreneurs don't start their journey as business owners from scratch. In fact, many entrepreneurs begin their business ownership by acquiring existing businesses. However, how do they obtain the necessary funds for such a purchase? Apart from using cash, there are several methods accessible to finance the acquisition of a business. Financing the acquisition of a business can be achieved t
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2024 Business Sales Market: Common Themes our Data Reveals As the saying goes, “The numbers don’t lie”; and based off what they’re telling us, 2024 holds a promising market for business sale transactions. BizBuySell’s insight report reflects what our data at Transworld Business Advisors is showing us. 2024 is picking up steam with volume, prices and in surprising i
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Trust and communication are essential no matter what kind of relationship you are in—business or otherwise. They are the cornerstones of building successful client relationships in business brokerage. But knowing you need trust and communication is not the same as having them. Here are some tips on developing these qualities to build a healthy partnership. Steps to building client r
As a business owner, you’ve spent countless hours and made numerous sacrifices to grow your business to what it is today. If you’ve come to the careful decision to begin a new journey and sell your business, you would want to take just as much care in the sale and transition to ensure a smooth and profitable sale. Selling your business on your own can be a daunting task, with ke
Business Broker Johnathan Zsittnik Successfully Sells Massachusetts Golf Simulator Business Norfolk County, Massachusetts United States April 2024 Transworld Business Advisors of Boston is pleased to recognize Boston Business Broker Johnathan Zsittnik on his recent transaction of an indoor golf facility in Norfolk County, Massachusetts. Johnathan's div
In the dynamic landscape of business ownership, staying ahead of trends is crucial. Whether you're an aspiring entrepreneur or a seasoned business owner, understanding the current market trends can significantly impact your success. If you are looking to improve your entrepreneurial skills in the coming months, there are some key trends you should be aware of that are shaping the buying and sellin
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You’ve acquired or built a successful business. What’s next? If you're thinking about growing or scaling your business, it's important to differentiate between the two. As defined in an article by Harvard Business Review, “Growth means adding revenue at the same pace you are adding resources; scaling means adding revenue at a much greater rate than cost.” Scaling a busines
Business Broker Beth Chea Successfully Sells Massachusetts Sign Franchise Barnstable County, Massachusetts United States March 2024 Transworld Business Advisors of Boston proudly acknowledges the achievement of Business Broker Beth Chea for her recent completion of a sign franchise transaction in Southern Massachusetts. With a rich backgroun
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Social media is here to stay, and it’s vital that businesses harness its power to stay ahead, especially when it comes to selling their companies. According to Statista, over 4.59 billion people were using social media worldwide in 2022, more than half of the 7.95 billion inhabitants at the time. That number is projected to increase to almost six billion in 2027. Social media is a highly eff
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Top 10 Questions to Be Prepared to Answer when Selling Your Business By Transworld Business Advisors of Boston When preparing to sell your business, you will ask yourself a range of questions such as "What is my business's market value?" and "What are my plans after the sale?" On the other hand, buyers will have many questions for the seller to assess if the business is right for them. As the s
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Business Broker Johnathan Zsittnik Successfully Sells Massachusetts Fitness Franchise Location Essex County, Massachusetts United States February 2024 Transworld Business Advisors of Boston is pleased to recognize Business Broker Johnathan Zsittnik on his recent transaction of a specialized fitness franchise location in Essex County, Massachu
From the wheel to the steam engine to computers, technology continues to evolve and shift how we live our lives. The speed and power of computers have doubled about every two years over the last 60 years, which has enabled us to go from computers to go from weighing 30 tons and taking up 1,800 square feet of space to the world’s current smallest complete, operational computer that measu
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When the decision has been made to sell your business, the next step is perhaps the most crucial of all: determining the value of your business. There are several ways this can be done, but it isn’t an exact science. For that reason, it is essential that you seek out a trained broker to help you determine how much your business is worth. But don’t expect that broker to tell you
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During the last 25 years, the U.S. and the world experienced two major economic upheavals. First, the Great Recession from 2007 to 2009 took about ten years to recover from completely. Then there was the financial crisis brought about by the COVID-19 pandemic and the subsequent lockdown. As a result, the term “recession-proof” has become quite common — whether among those in busi
Running a daycare or preschool business requires a significant amount of dedication, hard work, and passion. However, there may come a time when you decide to move on and explore new opportunities. Selling your daycare or preschool business can be a complex process, but with careful planning and preparation, you can maximize its value and ensure a smooth transition for both the children and the ne
As the financial recovery from the pandemic continues, of Transworld of Boston’s Main Street Market Report found that business acquisitions were up more than 32% from 2021 to 2022. This rebound is great news for buyers, but to fully understand the uptick, let’s drill down into who is currently looking to sell their businesses and which demographics are primed to make a purchase.
Selling your business is a big decision. Equally important is finding the right business advisor to help you navigate the process. When you select Transworld Boston our latest Market Report shows you’re choosing the best. Let’s dive into Transworld Boston’s small business transaction activity for 2022 and learn more about what sets Transworld Boston’s business advisors apar
As a business owner, you have likely spent hours, days, months or even longer agonizing over whether to sell your business. While in a perfect world the hard part would be over, the reality is making the decision to sell is simply the first step in a complicated process. Fortunately, there are ways to simplify the experience. To start, it’s a good idea to have
Business owners are like a diamonds—no two are alike. The same holds true for why a business owner opts to sell their business. Each business owners’ reason for selling varies and will be based on a variety of calculations from preparing for retirement to wanting to start a new venture. The process of deciding to sell can be difficult and drawn out. However, once the decision has been
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Monday, November 19th was a significant day, following the weekend. We saw the stock market rise 830+ points. Sunday night’s 60 Minutes revealed not only the potential for a vaccine, but an enormous plan to distribute 300+ million vaccines throughout the US. Respecting your political view, there is change in the air in Washington. Any change can bring trepidation amon
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