Selling your business is a big deal and can feel a bit overwhelming. One of the most crucial parts of the process is negotiating the deal, and it’s about more than getting the best price. The best business sales result in you and the buyer feeling like you’ve both won. It’s about finding a solution where both you and the buyer feel like you’ve won. In this post, I'll share
In 2023, we embarked on an exciting journey with the seller of a Pest Control Business, aiming to find the perfect buyer for his esteemed business. Over the next several months, our team worked diligently, engaging with numerous potential buyers, and generating substantial interest. Despite the high demand, finding the ideal match took time. Our proactive approach led us to collaborate closely wi
As the CEO of Transworld of Cincinnati & Northern Kentucky, I know firsthand that selling a business is a big deal, and everyone has their own timeline for doing it. If you’re looking to sell your business within the next year, getting everything in order will definitely make things go more smoothly. In this blog post, I’ll share some practical tips and steps to help you prepare your b
After 30 successful years, the husband and wife team running a charming flower shop in the heart of Fairfield, Cincinnati decided it was time for a change. With the help of JT Harp and Michelle, they found the perfect buyers – another husband and wife duo who had always dreamed of owning a business. The smooth and swift transition took only six weeks to close the sale. The new owne
In Dayton, Ohio, sits a donut shop that has become more than just a place to grab a sweet treat; it's a testament to resilience, family, and the American dream. In the early 1960s, a father returned from war, his mind filled with difficult memories of taking orders from countless faces. Unable to adjust from being a soldier to an employee, he found solace in starting a business of his own
Financing stands as a cornerstone for small business success, yet navigating the number of funding options can be daunting for aspiring entrepreneurs and seasoned business owners alike. Fortunately, a myriad of resources exists to support small businesses in Cincinnati and Northern Kentucky, providing vital assistance in securing the necessary capital to thrive and grow. Small Business Administra
Are you considering buying a small business in Cincinnati or Northern Kentucky? It's an exciting venture, but one that comes with its fair share of financial considerations, particularly when it comes to taxes. Understanding the tax implications of financing your small business purchase is crucial for making informed decisions and ensuring financial stability in the long run. When acquiring a sma
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While banks have long been the go-to source for funding, their stringent requirements and lengthy approval processes can be daunting for small business owners. Fortunately, there are several alternative financing options available that can provide the capital needed to fuel growth and expansion. In this blog, we'll delve into some of these alternatives and how they can benefit small businesses in
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Starting or expanding a small business can be a thrilling yet challenging endeavor, often requiring a significant infusion of capital. Small business loans provide a vital lifeline for entrepreneurs looking to realize their dreams. However, the process of securing a small business loan can be intricate, demanding a comprehensive understanding of the requirements involved. Requirements for Obtaini
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Small business owners often encounter financial challenges that require external funding to fuel growth, cover operational expenses, or seize new opportunities. Understanding the diverse array of loans available is crucial for making informed decisions that align with the unique needs of a business. In this blog, we will explore various types of loans accessible to small business owners and delve
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In the ever-evolving landscape of entrepreneurship, individuals seeking business ownership are often faced with the dilemma of whether to start a business from scratch or opt for a franchise. While both paths have their merits, buying a franchise comes with a myriad of benefits that can significantly increase your chances of success. In this blog post, we'll delve into the advantages of choosing t
The success of your small business acquisition often hinges on the expertise and network of your chosen business broker. Conduct thorough research, read client reviews, and ask for recommendations within your professional netBuying a small business can be an exhilarating yet complex journey. Navigating through the intricacies of the market, financial considerations, and negotiations requires exper
In the fast-paced world of business acquisitions, having a reliable and experienced business broker by your side can make all the difference. Whether you're a seasoned entrepreneur looking to expand your portfolio or a first-time buyer dipping your toes into the world of business ownership, finding the right professional to guide you through the process is crucial. In this guide, we'll explore the
Read More “How do you find and qualify a business broker to help you buy a small business?”
Aquiring a small business can be a lucrative endeavor for an entrpreneur, however, the process of buying a business involves intricate details, legalities, and negotiations that can be overwhelming for even the most seasoned entrepreneurs. This is where the expertise of a business broker comes into play. In this blog, we will explore the myriad benefits of using a business broker to buy a small bu
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In the world of entrepreneurship, the decision to buy a small business can be both exhilarating and overwhelming. While the prospect of becoming your own boss is enticing, the intricacies involved in the purchase process can be complex and daunting. This is where the expertise of a business broker becomes invaluable. In this blog post, we'll explore how a business broker can help you navigate the
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Selling a small business can be a complex and intricate process, but with the right guidance, it can also be a rewarding endeavor. One of the most effective ways to navigate the sale of your small business is by enlisting the services of a reputable business broker. In Cincinnati and Northern Kentucky, where the entrepreneurial spirit thrives, the assistance of a knowledgeable business broker can
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Selling your small business can be an emotionally charged process. As a business owner, you've invested time, energy, and resources into building your enterprise, and finding the right buyer is crucial. One way to navigate this intricate journey is by enlisting the help of a business broker. These professionals specialize in facilitating the sale of businesses, acting as intermediaries between sel
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Selling a small business is a significant decision that requires careful planning, strategic thinking, and often, the expertise of a business broker. In Cincinnati and Northern Kentucky, where the local business landscape is thriving, finding the right business broker is crucial for a successful sale. This blog will guide you through the essential information you need to provide to a business brok
A skilled broker can help you navigate the intricacies of the business sale, ensuring that you receive the best value for your hard-earned enterprise. But with a plethora of options out there, how do you find and qualify the right business broker for your needs? The Search Begins 1. Local Expertise Matters When embarking on the journey to sell your small business, it's crucial to find a busines
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Selling a small business is a significant decision that involves that requires careful consideration. While some business owners may opt for a do-it-yourself approach, enlisting the expertise of a business broker can prove to be a game-changer in achieving a seamless and successful sale. In this blog, we'll explore the various benefits of using a business broker to sell your small business, and we
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In the dynamic landscape of entrepreneurship, there comes a time when small business owners contemplate selling their ventures. Whether it's due to retirement, a desire to pursue new opportunities, or simply a strategic decision, selling a business is a complex process that requires careful planning and expertise. This is where a business broker steps in as a valuable ally, guiding you through the
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