A business broker can play a crucial role in facilitating the buying or selling of a business. Here are five key reasons why individuals and companies often choose to use a business broker: 1).Expertise and Experience: Business brokers are typically experienced professionals with a deep understanding of the business sales process. They are familiar with legal and financial considerati
"Maximizing Profit" How Business Brokers help sellers get the best deal
One of the most valuable resources that Transworld Business Advisors provides to our seller clients is access to diverse and robust data. As the largest international business advisory company in the world, with over 250+ offices, and over 700+ advisors, we have many resources that we are able to tap into to ensure that your business is priced properly in relation to other businesses
Read More “"Maximizing Profit" How Business Brokers help sellers get the best deal”
Don't talk!
Congratulations! The buyer and seller have agreed to an agreed upon sales price of the business and proposed deal strategy. Now we are in the due diligence stage, where the buyer is spending their time analyzing information about the potential purchase of the business, and validating their decision to move forward with the acquistion. It is no secret that many deals fall through in due dili
Preparing for business negotiations is crucial to achieving a successful sale of your business. The business owner should have a clear understanding of the strengths, weaknesses, opportunities, and threats that contribute to the value of the business. Clearly define the goals and priorities for the sale such as price, payment, terms, timelines, and any conditions of the sale. Understand the
Is Your Business Too Dependent on YOU? Three Tips on Getting Your Business Ready to Sell
You have spent years growing and nurturing your business, yet can it run without you? Can you go on vacation with your family and know that your have a solid team in place to "take care business"? Also, do you have processes in place that are followed by your team in your absence? If you answered YES, it is time to get your business less dependent on your and more INDEPENDENT in your a
Read More “Is Your Business Too Dependent on YOU? Three Tips on Getting Your Business Ready to Sell”
Owner Operator businesses- seller aware!
With most small businesses, the owner of the business, is for all intensive purposes the operator of the business as well. While this scenario is totally understandable, when the time comes to a sale of the business potential buyers worry that the owner "is the business", and once they exit the business won't be the same. How do you as the business owner safeguard this buyer concern? &
Confidentiality is Key
https://youtube.com/shorts/Xnu2bPBiFGw?si=RqzcYTRjNeFoUiBz
How Much?
How much is my business worth? What is the valuation method for determining the value of my business? These are all questions that any business owner is going to think about when contemplating a sale of their business. In order to sell a business effectively, it is imporant to have accurate and up to date financial statements- corporate tax return, P&L statement, balance sheet,
Don't tell!
When you are considering a sale of your business, there is a process to prepare for going to market. While there are many initial considerations, maintaining confidentiality throughout the process is the most important rule a business owner must adhere too. Whether it be employees, customers, vendors, landlord etc. once word gets out that the business is for sale, research has shown that the valu
Why Confidentiality is Key When Selling Your Business
Are Your Thinking of Selling Your Business? If you are, the most important first decision you will make is keeping it CONFIDENTIAL.. It may sound counterintuitive, and you may want to share with the world... but these are the reasons why Confidentiality is KEY! There are four essential reasons why confidentiality is necessary these include: Maintaining the value of the business: If ne
Read More “Why Confidentiality is Key When Selling Your Business”
As a former business owner for almost 40 years, I know that running a business is a full-time job. The process of selling a business is also a full time job. Its virtually impossible to do both jobs at the same time. We can help you on your journey and plan an exit strategy that maximizes the sale of your business. Right now we have more good buyers then we have good businesses to sell. No
Is now the time to sell your business?
Thanksgiving is one week away, and before you know it so will be the holidays, and into 2024! Wow, time goes fast! The end of the year is a time that many business owners start contemplating a potential sale of their business as most businessed are on a calendar fiscal December 31, year end. On average it takes 9-12 months to sell a business. While there are many important components
Listing of the Week-Classic American Barbershop Franchise
Ready to paint the canvas of your own dreams? Entrepreneurship offers freedom, creativity, and the chance to make a meaningful impact while writing the narrative that's uniquely yours, We will share our listings of the week with you that highlight our favorite aspects of each business. This week.. drum roll please, a PROFITABLE Classic American Franchse Barber Shop in the L
Read More “Listing of the Week-Classic American Barbershop Franchise”
