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
As the financial recovery from the pandemic continues, Transworld’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. Who’s Sellin
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
Read More “Buying a Business: Is an SBA Loan Right for You?”
If you’ve ever bought a house, you know that the appraised value isn’t what the house typically sells for in the end. It isn’t even what the sellers will use as the listing price in most cases. Most houses sell for a price that is more (or less) than what the seller asked for it. The same holds true for a business being sold. Why aren’t the listing price and the selling pr
Read More “What's the Difference Between the Listing Price and the Selling Price?”
FORBES -- Q4. The opportunity it presents can add a lot of pressure to an already hectic period — and for good reason. Q4 is instrumental to the success of your fiscal year and can fast-track your growth. But if you’re not prepared from a leadership perspective, things can go wrong. Fast. The higher the stakes, the busier and more stressed out your employees become. I’ve seen st
Read More “Five Strategies To Lead Your Team Through A Successful Q4”
Thinking of selling your business in 2022? Give yourself an edge—read up on what we learned in 2021. 2021 was a year of unpredictable firsts for business owners and entrepreneurs. Nothing we learned in 2020 could have prepared America for pandemic shutdowns. Many small operations had to quickly pivot, improvise, and adapt to a world that changed overnight. But now, with a swiftly recoveri
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
Read More “How to Get the Best Price When Buying a Business”
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
