The Importance of Succession Planning: Why Every Business Needs a Plan

The Importance of Succession Planning: Why Every Business Needs a Plan

No matter how much someone loves their career or current position, there will come a time when they decide to move on or retire. When the person departing is the business’s leader, it can shock the organization. Business succession planning can help manage this process, making it smoother and more manageable for the person leaving and those remaining. Ensuring a smooth transition is vital no

Starting a Small Business Checklist

Starting a Small Business Checklist

For some, spending their career working to help expand a corporation is ideal. They appreciate not being in charge or having the responsibility over operations or employees. But for others, they dream of working for themselves, starting a small business, watching it grow, and facing the exciting challenges and wins entrepreneurs face. If you fall into the latter category and have begun to explore

Social Media Ideas for Small Businesses

Social Media Ideas for Small Businesses

There is no denying the importance of social media in business today. Anyone looking for social media ideas for small businesses needs to take advantage of market research and industry trends to expand their reach. But what are the most effective ways to use social media to benefit the economic growth of your company? Let’s explore how to develop a business effectively with the assistance of

The Future of Business Brokerage: Emerging Trends and Opportunities

The Future of Business Brokerage: Emerging Trends and Opportunities

Business brokerage firms are integral when it comes to buying and selling a business. They facilitate the process by valuing businesses, identifying potential buyers or sellers, negotiating deals, and establishing legal and financial compliance throughout, ensuring that the process goes smoothly and provides the best value.  Staying updated with emerging business trends is crucial for busine

Evaluating Potential Buyers

Evaluating Potential Buyers

Thinking of selling your business? It’s a big decision, but it is a pivotal first step toward realizing the next step in your career, whether that means retirement or starting another venture. No doubt, you’ve spent considerable time weighing the pros and cons. Selling a business is a significant undertaking that requires careful planning, strategic thinking, and a keen understanding o

2023 Main Street Market Report

2023 Main Street Market Report

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 Orange County our latest Market Report shows you’re choosing the best. Let’s dive into Transworld Orange County’s small business transaction activity for 2022 and learn more about what sets Transworld Orange County’s b