Learn how to scale through a little thought of method.
Scaling a business organically can be a difficult, time and capital consuming task, however, there is an alternative option - buying an established business. Buying a business over scaling from scratch provides the owner with a number of advantages as outlined below.
An acquisition provides instant scale and great opportunities for efficiency. Whereas starting from scratch is a time consuming process and does not come with any success guarantees.
Building market presence takes years worth of time. Acquiring a new business gives the business owner a higher percentage of the market with little effort while also decreasing their competition.
Competency & Resources
Outside of adding to your physical footprint, an acquisition is a direct line to new expert professionals, innovative processes, additional revenue resources, and a larger pool of data.
There are a number of financial advantages gained through acquisition from not having the expense of starting from scratch to asset stripping and implementing efficiencies of scale.
Entering a new market can be a costly venture from the upfront research to building a client base. Buying an established business, however, allows an owner to overcome these market entry barriers.
If you are ready to grow your business and are intrigued by growth through acquisition, we invite you to schedule a consultation with one of our expert brokers!
Rachael Holstein joined the Transworld Team in 2016 as Marketing Coordinator. Her working experience has been largely focused on Business Development and Marketing in the finance, architecture, property management, and information technology industries. A longtime resident of Cleveland, Ohio, she attained her Undergrad from John Carroll University and a Master’s Degree in Global Interactions from Cleveland State University. She relocated to Denver in 2013 for a change of scenery and a bit of adventure.