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 mo
From Forbes. If you've been working for someone else most of your life, you've probably had some introspective moments in which you've wondered whether there were a better way to maximize your personal and professional satisfaction. Maybe you've had a nagging feeling that one of the great ideas in the back of your mind could be an entrepreneurial gold mine, but you haven’t yet taken the plun
From Entrepeneur Have you ever wondered if or wished there was a shortcut to launching a business without the months of trial-and-error that plague most entrepreneurs? What if you could become a CEO overnight for a real, thriving company? Believe it or not, with a little bit of capital, you can. This strategy is what I like to call being an "acqui-entrepreneur" — in other words, you're an
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
Every industry has their own language and the industry of buying and selling franchise businesses is no different. Understanding the basic terminology can help get you started on the right foot. Transworld Business Advisors is here to help you every step of the way so let's start with a few commonly used terms. Franchising is a form of business by which the owner of a product or service expands or
The road to reach closing is a long and tedious one. As a seller, working with your broker, you have already gone through business pricing, organizing financial documents, and working on the offering package. After all of that, there is still the process of meeting and negotiating with potential buyers with your broker until you have found the right one. Likewise, as a buyer, you have had to work
Need help finding the right business to buy? Try Transworld's Buyer Match program! With our Buyer Match program, you receive an email as soon as a new listing that meets your personal business preferences hits the market. We add new listings to the marketplace daily and want to make sure you get notified immediately when the right business becomes available. At the same time, we want to mak
The moment you have found the perfect business to buy, it is time to start the negotiation process. There are strategic steps to take to ensure you are getting the best price. With the guidance of your business broker, buying a business does not have to feel daunting. Consider these five ways to get the best price when buying a business. What are your requirements and limitations as a buyer and w
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Owning a franchise presents an exciting opportunity for both new and experienced business owners. A franchise is a unique business model that differs in some key ways from independent business ownership. If you are thinking about purchasing a franchise, there are a few things to consider. Here are some ways to determine if owning a franchise is right for you, along with some considerations to help
