Leveraging Social Media to Attract Buyers for Your Business

Leveraging Social Media to Attract Buyers for Your Business

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 highly eff

Top 10 Questions to Be Prepared to Answer when Selling Your Business

Top 10 Questions to Be Prepared to Answer when Selling Your Business

Top 10 Questions to Be Prepared to Answer when Selling Your Business By Transworld Business Advisors of Boston When preparing to sell your business, you will ask yourself a range of questions such as "What is my business's market value?" and "What are my plans after the sale?" On the other hand, buyers will have many questions for the seller to assess if the business is right for them. As the s

Business Broker Johnathan Zsittnik Successfully Sells Massachusetts Fitness Franchise Location

Business Broker Johnathan Zsittnik Successfully Sells Massachusetts Fitness Franchise Location

Business Broker Johnathan Zsittnik Successfully Sells Massachusetts Fitness Franchise Location     Essex County, Massachusetts United States February 2024   Transworld Business Advisors of Boston is pleased to recognize Business Broker Johnathan Zsittnik on his recent transaction of a specialized fitness franchise location in Essex County, Massachu

Understanding the Role of Technology in Modern Business Brokerage

Understanding the Role of Technology in Modern Business Brokerage

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

Valuing Your Business: How Business Brokers Determine Worth

Valuing Your Business: How Business Brokers Determine Worth

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

The Rise of Recession-proof Businesses

The Rise of Recession-proof Businesses

During the last 25 years, the U.S. and the world experienced two major economic upheavals. First, the Great Recession from 2007 to 2009 took about ten years to recover from completely. Then there was the financial crisis brought about by the COVID-19 pandemic and the subsequent lockdown. As a result, the term “recession-proof” has become quite common — whether among those in busi

Selling Your Daycare or Preschool Business

Selling Your Daycare or Preschool Business

Running a daycare or preschool business requires a significant amount of dedication, hard work, and passion. However, there may come a time when you decide to move on and explore new opportunities. Selling your daycare or preschool business can be a complex process, but with careful planning and preparation, you can maximize its value and ensure a smooth transition for both the children and the ne

Who's Buying and Who's Selling in 2023

Who's Buying and Who's Selling in 2023

As the financial recovery from the pandemic continues, of Transworld of Boston’s Main Street Market Report found that business acquisitions were up more than 32% from 2021 to 2022. This rebound is great news for buyers, but to fully understand the uptick, let’s drill down into who is currently looking to sell their businesses and which demographics are primed to make a purchase.  

2023 Main Street Market Report

2023 Main Street Market Report

Selling your business is a big decision. Equally important is finding the right business advisor to help you navigate the process. When you select Transworld Boston our latest Market Report shows you’re choosing the best. Let’s dive into Transworld Boston’s small business transaction activity for 2022 and learn more about what sets Transworld Boston’s business advisors apar

Selling Your Business

Selling Your Business

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

I'm Ready to Sell, Where do I Start? Steps to Selling Your Business

I'm Ready to Sell, Where do I Start? Steps to Selling Your Business

Business owners are like a 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

How Change Can be Positive while Buying or Selling a Business

How Change Can be Positive while Buying or Selling a Business

Monday, November 19th was a significant day, following the weekend.  We saw the stock market rise 830+ points.  Sunday night’s 60 Minutes revealed not only the potential for a vaccine, but an enormous plan to distribute 300+ million vaccines throughout the US.  Respecting your political view, there is change in the air in Washington.  Any change can bring trepidation amon