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
Business owners are like diamonds—no two are alike. The same holds true for why a business owner opts to sell their business. Each business owners’ reason for selling varies and will be based on a variety of calculations from preparing for retirement to wanting to start a new venture. The process of deciding to sell can be difficult and drawn out. However, once the decision has been m
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The impact on business valuations as a result of COVID-19 COVID-19 came and felt like it was here to stay. With numerous business closures, furloughs and lay-offs, one might wonder if we can ever recover. The good news is, some economists project a steady recovery as cities begin to loosen restrictions and businesses become operational. That said, as a small business owner, you might be wondering
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IBBA Awards Transworld Business Advisors of Houston "Top Deal Maker Team Award" RELEASE DATE: May 11, 2020 Houston, Texas The International Business Brokers Association (IBBA) has recognized Transworld Business Advisors of Houston, led by President & CEO Gerry Brisson, with the "Top Deal Maker Team Award" for exceptional achievement in 2019 as part of its Member Excellence
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To sell your business, you must first find its value. What does this mean exactly? A business valuation is always the first step in a multi-step selling process, and yes, a business broker can assist - but what does it entail? Because no two businesses are identical, no one business valuation serves as one-size-fits-all. There are seven common business valuations to explore. Let’s take a loo
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Finding the perfect business to purchase is not an easy feat. However, acquiring a loan to officially buy the business is often the most trying part. Before a bank approves a loan, you and the business have to meet some high standards. Since every case is as unique as the business itself, there are three main loans to consider when attempting to purchase an existing business. 1. SBA Loans SBA
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