Our business brokers work hard to connect buyers with businesses where they can be successful and happy. For some, the solution is the purchase of an existing operating franchise with a known name, system of operations, specific track record, trained employees, existing customer base and cash flow - a business-in-a-box.
Six weeks ago you lost your job. So far, all your leads have been dead ends and you're starting to get nervous. You did get a package, but it's not going to last forever.
The recession has thrown many business owners off track, leaving them unsure and unequipped, akin to driving in an unfamiliar area without a GPS or map or navigating the wilderness without a compass.
In part one of this post, we explored how business brokers bring buyers and and sellers together, providing the all-important expertise to bring the deal to a conclusion that works for both. Here are some takeaway points specific to each party.
Nike's “just do it” slogan has become part of our popular culture. As business brokers, though, we'd want to add another word: just do it right! Dealing with and overcoming challenges is almost second nature for most small business owners. They know how to build and run their businesses to make them successful. But they don't how to sell one.
Have you a dream of owning your own business with an income that will support you and your family the way you want. Or have you reached a point in your life where you're ready to sell your business, providing you're able to leave it in capable hands.
The Process of Selling a Business