Selling your business is like sharing a cherished family recipe—you don't want it falling into the wrong hands. Confidentiality is crucial to protect your hard-earned success during this complex process. Let's explore why Non-Disclosure Agreements (NDAs) are essential and how Transworld Business Advisors of South & West Texas take extra steps to safeguard your business. Industry Standards:
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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
Business brokerage firms play an essential role in buying and selling businesses. They facilitate the process by valuing businesses, identifying potential buyers or sellers, negotiating deals, and ensuring legal and financial compliance. Staying updated with emerging trends is vital for both business advisors and small business owners. It allows them to anticipate market shifts, understand evolvin
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When selling your business, a signed Non-Disclosure Agreement (NDA) with potential buyers opens the door to more detailed discussions. While your business broker can handle many inquiries, some questions are best answered directly by you, the owner. Here's what you should be prepared to address: 1. Company Culture and Vision - Buyers want to understand the intangible aspects of your business not
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FOR IMMEDIATE RELEASE Transworld Business Advisors of South & West Texas 2901 Wilcrest Dr. Suite 510, Houston, TX 77042 Date: February 24, 2024 Houston, TX – Transworld Business Advisors of South & West Texas is pleased to announce that Senior Business Advisor Katie Holditch has earned the prestigious Certified Business Intermediary (CBI) designation. The CBI, which represents the gold s
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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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How to find the best advisor when selling your business Do-it-yourself home repairs have definitely had their moment in the sun. But for anyone that has paid attention to that trend, it quickly became apparent that having an expert remodel a home offered a considerable advantage in terms of the quality of the work. The same holds true when it comes to other big tasks, such as selling your
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FOR IMMEDIATE RELEASE Transworld Business Advisors of Houston 2901 Wilcrest Dr. Suite 214 Houston, TX 77042 www.tworldhouston.com May 31st, 2023 Transworld Business Advisors of Houston is pleased to announce that Senior Business Advisor Bobbi Coffey has earned the prestigious Certified Business Intermediary (CBI) designation. The CBI, which represents the gold standard in the bu
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At Transworld Business Advisors, we highly encourage you to explore your options when selecting a business broker. We believe it's essential to make an informed decision and find the best fit for your needs. However, we want to assure you that when it comes to successfully selling your business, there is no better team to work with than us. Here are some factors to consider as you evaluate brokers
Anyone thinking of selling their business needs to be prepared to negotiate. Why? Because your goals and the buyer’s goals may be the same—to get the best deal—but that doesn’t mean the same thing for both parties. It will take time to arrive at an optimal deal for everyone involved. Ensuring that you are negotiating from a position of strength is vital, and the best way to
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FOR IMMEDIATE RELEASE Transworld Business Advisors of Houston 800 Wilcrest Dr. Suite 214 Houston, TX 77042 www.tworldhouston.com March 21st, 2023 Congratulations to Steve Merritt, Senior Business Advisor with Transworld Business Advisors of Houston. Steve recently earned his Mergers and Acquisition Master Intermediary (M&AMI) Designation through M&A Source. M&A Source is the wor
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How challenging can selling a business be? On the surface, the prospect appears simple. First, you have a business and want to sell it, then you share that information and wait for a buyer. But the reality is both more complicated and more nuanced. Using a broker takes the pressure off you so you can focus on your business operations. Few business owners understand everything involved in
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 a checklist of what steps to expec
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. Achieving those goals becomes much easier when you enlist the support of an experienced business broker or advisor. Transworld Business Advisors of Houston are experts in their field by offering help and insights for every step of the
The Small Business Administration (SBA) is an agency of the US government that supports entrepreneurs and small businesses. It is the duty of the SBA to “aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns.” A major function of the SBA is partnering with banks, credit unions, and other lenders to provide loans for said entrepreneurs and sm
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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
FOR IMMEDIATE RELEASE Transworld Business Advisors of Houston 800 Wilcrest Dr. Suite 214 Houston, TX 77042 www.tworldhouston.com October 12th, 2021 Houston, TX – Congratulations to Senior Business Advisor, Steve Merritt, for successfully facilitating the sale of a high-performing, Houston-based, machine shop with over 50 years of family history. This local manufactur
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Hiring a business broker may seem complicated and an unnecessary expense to someone who is trying to save money and simplify the sale of their business. Why add more to your long list of to-dos when you have enough going on? Well, the thing is, a business broker is so much more than just an extra set of hands. Studies have shown that working with a broker increases your chances of selling your bus
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Yes! As an entrepreneur, you may romanticize the idea of being your own boss. The question is, how do you get there? The first thought is often starting your own business. Although that has numerous advantages, starting from scratch understandably comes with challenges. It is important to note that being an entrepreneur is not limited to starting a business from the floor up, in fact, th
FOR IMMEDIATE RELEASE Transworld Business Advisors of Houston 800 Wilcrest Dr. Suite 214 Houston, TX 77042 www.tworldhouston.com May 5th, 2021 With an impressive track record of over 10,000 businesses sold in its history, there is no doubt why Transworld is Houston’s leader in business sales. Transworld specializes in providing the vital services needed to conclude success
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FOR IMMEDIATE RELEASE Transworld Business Advisors of Houston 800 Wilcrest Dr. Suite 214 Houston, TX 77042 www.tworldhouston.com February 24th, 2021 Transworld Business Advisors of Houston awarded Senior Business Advisor Austin Zhao its prestigious Top Producer Award for 2020. This honorary award is presented to the Transworld broker who sold the highest combined enterprise valu
COVID, of course, has completely changed the economy as we knew it. Business revenues, employment rates, and industry performance we saw in February had dramatically changed by the end of April and more so in the months after. As the end of the year approaches, what have we learned? We have learned that anything is possible, and everything can change overnight. The only certain thing is that nothi
Senior Business Broker Rusty Fisher Sells Restaurant to Strategic Buyer Houston, Texas United States October 11th 2020 Transworld Business Advisors of Houston, Houston’s leader in business sales, is honored to congratulate Senior Business Broker Rusty Fisher on his most recent closing. Like many business owners during these uncertain times, Rusty’s client sought Transworld
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Leading Local Business Broker, Austin Zhao, Sells Nestle Toll House Coffee Shop Houston, Texas United States September 30th 2020 Transworld Business Advisors of Houston, the leading business brokerage firm in Houston, is pleased to recognize Senior Business Advisor Austin Zhao on his most recent sale. The business sold was a fully operating, nationally recognized, franchise unit. Nest
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Senior Business Advisor, Syed Ali, of Transworld Business Advisors of Houston Helps New Entrepreneurs September 17th 2020 Houston, TX Transworld Business Advisors of Houston, the leading business brokerage firm in the Houston Metro, is pleased recognize Senior Business Advisor Syed Ali on his recent business transaction. Syed’s 25 years of corporate and small business experi
Houston Business Advisor, Quoc Pham, from Transworld Helps Local Entrepreneurs Houston, Texas United States September 14th 2020 Transworld Business Advisors of Houston, the number one business brokerage firm in the entire Houston Metro, is pleased to announce the successful sale of a niche indoor golf center and sports bar! Business sold to a local couple with the help of
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Navigating difficult decisions as a business owner during a stressful time COVID-19 has been a difficult time for everyone. For the first time in history, the entire globe was unified with a common fear and purpose. Global shutdowns, flight cancellations, business closures – all of these measures were taken within every border of the world. Understandably, many tough decisions have been mad
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You have read numerous articles about selling your business. From determining your business’s value to learning how to market the sale properly, you dove deep into articles and whitepapers on the Internet to do it properly. That said, most articles probably share one common piece of advice: hire a business broker. The thing is, do you know how to find a business broker that will help you sel
The residential construction industry was worth 600 billion dollars in 2016 with projections of continued growth in coming years. Whether you own multiple rental properties, are a new homeowner or are moving into a larger house as your family grows and needs more space, chances are you have called a home improvement company for one service or another. Whether it is roofing, flooring, plumbing or p
Once you have come to the decision to buy a business, you may be both excited and anxious about the next steps. Once you have chosen the industry and perhaps even the type of business, there are a number of items to review as you move forward in the process. Here are 5 factors to consider before buying a business: 1. Business Valuation Before anything else, it is important to determine if the li
You have come to the decision that it is time to sell your business. We understand that a lot of blood, sweat, and tears went into growing it. Furthermore, the decision to sell can come from a multitude of personal and business-driven reasons. That being said, you would not have come to this decision unless you felt like it was the best move for yourself and your business. Now that you’ve ma
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Business brokers are responsible for helping business owners sell their businesses and help potential business owners find a business to purchase that fits their needs and wants. Brokers are responsible for evaluating businesses and providing business valuations, establishing listing prices, screening potential buyers, and working with other professionals involved with the sale such as lawyers and
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The best business brokers add value to the sale of your business by providing you with the resources you need to locate and vet potential buyers. While many business brokers may say they have the ability to do this, there are several ways you can quantify whether they are likely to deliver on the promise: Check their industry credentials – Brokers should be members in good standing
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