Different Ways to Finance a Business Acquisition Not all entrepreneurs start their business owner journey from scratch. That’s right – many entrepreneurs become business owners through buying existing businesses. So, how do they find the funds necessary to make such an acquisition? Aside from good old cash, there are several different ways to finance a business purchase. Financ
Essential Business Development Strategies for Business Owners Maximizing your business’s value before a sale is essential. But that doesn’t happen without a little effort. That is why strategic financial planning matters. It enables you to present your company to potential buyers in the best possible light. By meticulously organizing your business sale in advance, reviewing your finan
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 rel
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 highl
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Benefits to Offering Seller Financing when Listing your Business for Sale In today’s market, seller-financed business sales are more common than ever before and can be advantageous for both sellers and buyers. But first - What is Seller Financing? Seller Financing is when the business owner and seller allows the buyer to pay off a portion of the price of the business over tim
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5 Ways to go from Employed to Self Employed Without Starting from Scratch Envisioning a future where you’re your own boss and make your own schedule, but don’t necessarily want to get there by putting in the blood, sweat and tears that most start-up entrepreneurs do? You may be surprised to learn that it is possible to break free from the corporate chain
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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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You’ve spent years building and growing your business. You’ve dedicated so much of your time and energy to ensuring its success, but it can be challenging to determine when the best time is to sell. People sell businesses for a variety of reasons. When preparing a plan for selling your business, it’s a good idea to be straightforward and honest about what it would take to prepare
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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 everyt
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Whether you’ve spent a lifetime operating your business or have just recently taken the reins, when it comes time to sell, you want the experience to go well. And by going well, people typically mean without a lot of headaches, and, of course, with a tidy profit. Achieving those goals becomes much easier when you enlist the aid and support of an experienced business broker or advisor. Trans
Homebuyers are familiar with the mantra—location, location, location. Well for a business owner looking to sell their business, there’s an equally important phrase to remember—timing, timing, timing. But if you are looking into selling your business, what does that mean for you? And exactly how long will the process take? A main street business can take more than six months t
Congratulations to Broker Hollie Choe for facilitating the successful closing of a long established janitorial business in the Willamette Valley. This profitable business has been established since 1981 in Salem and has since expanded to Corvallis and Halsey. It began as a housecleaning business and soon after added the janitorial services division. After 41 years, the owner grew it to what it is
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From the pandemic’s supply chain issues to the current worries over rising inflation, many small businesses have been struggling to adapt to the sudden shifts of today’s economy. With inflation in June hitting 9.1%, more than the Dow Jones estimate of 8.8% for the month, more and more businesses are worrying about how exactly inflation has and will impact their business, and if no
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Congratulations to Lead Broker Johanthan Choe and Broker Rob Radanovich for facilitating the closing of a successful Transportation Business. This Thriving bus line with established and profitably operated routes and charter services has been serving the Pacific Northwest communities for more than a decade. This transportation business has a strong brand recognition and stellar reputa
Congratulations to Broker Hollie Choe and Julie Smith on co-brokering a successful sale of a Well Established Central Oregon Janitorial Business! This Profitable and Successful janitorial business was established in 2012 by a dynamic husband and wife team. They pursued their dreams of entrepreneurship and took a leap of faith. They worked diligently in growing their business to the le
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Congratulations to Broker Julie Smith for facilitating the successful close of an Established Specialty Conrete Contractor Business! This lucrative Specialty Concrete Contractor Business specialized in polishing and staining concrete floors, walkways and doing epoxy garage floors. The seller is retiring and the new owner is excited and ramped up to take the business to the next level.
How people accessed many personal care experiences changed during the pandemic, but the industry adapted in many ways like by going online with their products or taking a more natural approach. The world has reopened, and beauty-based companies continue to rebound, so you may be asking—is now a good time to sell. Selling a beauty or personal care business is not very different than selling
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Meet Hollie Choe from Transworld Business Advisors By Melissa Gottlieb Hollie Choe moved to Central Oregon in 2012 with her husband and business partner, Johnathan Choe. They have 3 children, 2 of whom attend high school in Bend and 2 fur babies. They quickly fell in love with the outdoor activities in Bend and all that Central Oregon has to offer.&n
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Health care is an industry that is constantly growing and evolving as new technologies and discoveries change treatments and care. This reality is truer than ever as the world has seen during the recent COVID-19 health care crisis. If you are looking to sell your health care business, the conditions may be better than ever. Why? Well, health care is a fast-growing industry. The demand for health
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Americans started 2021 by cleaning house—literally. The COVID-19 pandemic kick-started worldwide hygiene awareness and majorly boosted demand for cleaning businesses. It wasn’t just about safety—it was about peace of mind. Residential cleaners, maids, janitors, and other sanitation professionals suddenly found themselves booked solid, with no end in sight. Today, in 2022, cleanin
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If you’ve been following the news over the last few years, you know that business sales are up—way up—for certain industries, including restaurants. And if you’re like many restaurant owners, you’ve been thinking about selling your business, too. It’s easy to see why. Record-setting sales (both in terms of speed and profit) in 2021 proved restaurants
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Announcements: Congratulations to broker Lonnie Woodruff for facilitating the sale of this Robust and Profitable eCommerce Business in Oregon. After more than 20 years of making their own dreams come true, the sellers helped a first-time business owner to launch his own. After decades in the corporate world, the buyer left his job to fulfill a lifetime passion of self-employment in a
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Overview of Central Oregon With over 4.5 million visitors each year, it’s no wonder so many choose to call Central Oregon home. Tourists and residents alike are attracted to the outdoor lifestyle, temperate climate, and small-town feel of Central Oregon, while still having the amenities and economic opportunity of much larger cities. Stats: 244,650 Residents of Central Oregon
In a perfect world, every entrepreneur would have ample time to prepare their business for sale. It’s a long, often complex process that demands our full attention—and ideally, assistance from professional brokers. After all, there are many, many factors to consider: Why am I selling? Is the market ideal? Do I have my legal and financial ducks in a row? (And more.) That being sai
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For many entrepreneurs, selling a business is about more than money—it’s about passing down a legacy. After years of hard work, it’s only natural to want to see your creation in the hands of someone who shares your passion. However, finding that perfect “someone” can be a challenge. Not everyone that can buy your business should buy your business. As vetera
Thinking of selling your business in 2022? Give yourself an edge—read up on what we learned in 2021. 2021 was a year of unpredictable firsts for business owners and entrepreneurs. Nothing we learned in 2020 could have prepared America for pandemic shutdowns. Many small operations had to quickly pivot, improvise, and adapt to a world that changed overnight. But now, with a swiftly recoverin
Money can be considered a taboo topic of conversation in some circles. As a rule of thumb, you do not speak about salaries, debt, or the cost of your most recent vacation with friends or family, do you? We understand that, but when it comes to selling a business, we need to talk about money, and more specifically, cash. What is cash and how does it affect your business when you are selling it? Wh
Are you ready to sell your business, but still on the fence about using a broker? You’re not alone. Many business owners, especially first-time sellers, feel compelled to DIY the process, thinking it will save them time and money. Selling your business can be a long process with many tedious steps. An experienced business brokerage (plus the valuable resources they bring to the table)
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When you sell your business, you expect to make money—not spend it. But as the saying goes, you have to spend money to make money. The question is, how much? The answer isn’t always clear. However, most brokers agree that a certain amount of due diligence is necessary when preparing a business for sale. That means retaining qualified professionals to look over your books, guid
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At Transworld Business Advisors of Oregon Central, we offer professional services that successfully bring buyers and sellers together. From business brokerage to mergers and aquisitions; we are the business sales specialists. Our local trusted brokers are highly qualified to advise you on your business. More importantly, an experienced Oregon Central broker will be knowledge
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Transworld Business Advisors of Oregon Central Announcement: Lead Broker, Johnathan Choe Closes on the Sale of a Profitalbe & Long Established Commercial Janitorial Services Business in Oregon. This business had been well-established, has long-term clients, recurring service contracts, and an eniviable repution in their town. With Johnathan Choe's 30 years of executive leadership expe
Finding the right buyer for your business goes beyond getting the highest offer possible. As a seller in Oregon Central, you're looking for the most qualified buyer that best aligns with your values. After years of building your business, it’s natural to want a big payoff. But there are other factors, like preserving your legacy or maintaining the integrity of your company, that matter too.
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If you decided to sell your business in Oregon Central, you now have two options: Do-It-Yourself or work with a business broker. In today’s climate, it takes a lot more than just sticking a for-sale sign in your window. The truth is, as a business owner, your time is better spent running your company; not dealing with prospects or negotiating deals. Hiring a broker may be your ideal option
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Over the past year, many owners have been working hard to keep their businesses afloat. At times, having to reinvent or resize their company to stay competitive amidst the pandemic. Now, as things are turning around, you may be asking yourself, Should I sell my business? As valuations continue to go up, and buyers remain eager to spend their money, it’s prompting to be a
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