Mistakes to Avoid When Selling Your Business

Mistakes to Avoid When Selling Your Business

At Transworld Business Advisors, we understand that embarking on the journey to sell your business marks a pivotal chapter in your entrepreneurial career.  With many questions and concerns about navigating this complex process, you might find yourself searching for answers without success. We're here to illuminate the path, drawing on our extensive experience with business owners like y

Navigating the Business Buying Journey: A Step-by-Step Guide for Aspiring Entrepreneurs

Navigating the Business Buying Journey: A Step-by-Step Guide for Aspiring Entrepreneurs

Welcome to the exciting world of business ownership! At Transworld Business Advisors, we understand that buying a business is a significant decision with unique challenges and rewards.  This blog will help guide you through each step of the business buying process, ensuring a smooth and informed journey to becoming a successful business owner. Contact Us Now Buyer Inquiry Your journe

Planning for 2024: Business Goals

Planning for 2024: Business Goals

As we approach the end of another year, business owners and entrepreneurs find themselves in a familiar position—reflecting on the past year's achievements and setting their sights on the future. 2024 is just around the corner, and it's the perfect time to start planning for your business goals.  Whether you're a small business owner, a startup founder, or an established entrepreneur,

Can A Real Estate Agent Sell a Business: Real Estate Agents vs. Business Brokers

Can A Real Estate Agent Sell a Business: Real Estate Agents vs. Business Brokers

When navigating the complex terrain of the business landscape, individuals, small business owners, and entrepreneurs frequently encounter pivotal decisions. One such decision revolves around selecting the appropriate professional to oversee their transactions. Two prominent figures emerge in this scenario: real estate agents and business brokers. Although they exhibit certain similarities, it's i

Forecasting 2024: What Every Business Owner Should Know

Forecasting 2024: What Every Business Owner Should Know

As we approach the dawn of 2024, business landscapes continue evolving, presenting challenges and opportunities for entrepreneurs and business owners. Staying ahead of the curve is crucial for success in this dynamic environment.  In this blog, we'll explore key trends and insights that every small business owner and entrepreneur should know as they navigate the business landscape in 2024.

Top Business Trends of 2023: A Look Back

Top Business Trends of 2023: A Look Back

As we bid farewell to another eventful year and gear up for the possibilities, we must reflect on the top business trends that shaped 2023. From technological advancements to shifting consumer behaviors, the business landscape experienced significant transformations that impacted entrepreneurs and business owners across industries.   In this blog, we'll take a trip down memory lane to c

Nurturing Business Success Through the Power of Gratitude: A November Wrap-Up

Nurturing Business Success Through the Power of Gratitude: A November Wrap-Up

As November unfolds and the season of giving thanks envelops us, Transworld Business Advisors reflects on the theme of "Gratitude in Business." In our journey through the month, we've explored the profound impact of gratitude on strategic partnerships, resilience, and overall business success.   Join us as we wrap up this month-long exploration and highlight the key takeaways

The Art of Strategic Partnerships: A Gratitude Perspective

The Art of Strategic Partnerships: A Gratitude Perspective

Strategic partnerships are the threads that weave success in the intricate tapestry of business. Carefully crafted and nurtured, these alliances can elevate businesses to new heights. Today, we explore the art of strategic partnerships through the lens of gratitude and how expressing appreciation can deepen and strengthen these crucial connections. Contact Us Now The Gratitude Advantage in Part

The Role of Gratitude in Building a Resilient Business

The Role of Gratitude in Building a Resilient Business

In business, resilience is adapting and thriving in the face of challenges and uncertainty. It's a quality that separates thriving companies from those that struggle. As we enter the month of November, traditionally a time for giving thanks, let's explore the profound impact of gratitude in building a resilient business. Contact Us Now Resilience and Business Resilience is more than just the ab

The Power of Gratitude in Business Success

The Power of Gratitude in Business Success

In the fast-paced world of business, where strategies, numbers, and profits often take center stage, it's easy to overlook the simple yet transformative act of gratitude.  Expressing and fostering gratitude within your business can be a powerful driver of success. As November ushers in a season of Thanksgiving, we want to shed light on how cultivating a culture of gratitude can lead to tangi

Selling or Scaling? Making Informed Decisions for Your Business's Future

Selling or Scaling? Making Informed Decisions for Your Business's Future

Every business owner reaches a crossroads, a pivotal moment where the decision must be made – to scale up operations or to sell the business. Both paths hold their promise, but how does one decide? Contact Us Now Understanding Your Business Pulse Before diving into decision-making, take a comprehensive look at your business: Financial Health: Analyze profit margins, debt levels, and cash

The Business Owner's Guide to Fall Reflection and Forecasting

The Business Owner's Guide to Fall Reflection and Forecasting

The rustling leaves, the crisp air, and the shorter days all mark the arrival of fall. Just as nature embraces this season of change and preparation, so too should business owners. Fall is a fitting backdrop for reflection and forecasting—a time to assess past performances and chart the course for the year ahead. The Fall's Dual Significance The symbolism of fall is twofold. On one hand, i

Colorado Business Broker, Charley Mitchell, of Transworld Business Advisors, helps sell a business in the Personal Care Services Industry

Colorado Business Broker, Charley Mitchell, of Transworld Business Advisors, helps sell a business in the Personal Care Services Industry

Greenwood Village, Colo., United States (Oct. 10, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Charley Mitchell, business broker, assisted in selling a business in the personal care services industry. The deal was structured around a Small Business Administration (SBA) loan that benefitted both the seller and the buyer. "Our process at Tra

Preparing Your Business for Tomorrow: Why Early Planning Matters

Preparing Your Business for Tomorrow: Why Early Planning Matters

Tomorrow can often seem like a distant idea in the fast-paced business world. With pressing demands and immediate challenges, entrepreneurs might sometimes forget that today's decisions will lay the foundation for tomorrow's successes (or setbacks).  However, the most successful businesses aren't just concerned about the here and now. They're always preparing for the future, setting the stag

Colorado Business Broker, Chris Cantwell, of Transworld Business Advisors, helps sell a business in the Beverage Manufacturing Industry

Colorado Business Broker, Chris Cantwell, of Transworld Business Advisors, helps sell a business in the Beverage Manufacturing Industry

Greenwood Village, Colo., United States (Oct. 5, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Chris Cantwell, business broker, assisted in selling Go Fast!, a business in the beverage manufacturing industry. The deal was structured around a stock sale deal that benefitted both the seller and the buyer. "The buyer was a synergistic buyer, already in

Colorado Business Broker, Mike Krieger, of Transworld Business Advisors, helps sell a business in the Automotive Service Industry

Colorado Business Broker, Mike Krieger, of Transworld Business Advisors, helps sell a business in the Automotive Service Industry

Greenwood Village, Colo., United States (Oct. 4, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Mike Krieger, business broker, assisted in selling a business in the automotive service industry. The deal was structured around a cash-and-carry deal that benefitted both the seller and the buyer. "The buyers were a partnership group of three men who recen

Colorado Business Broker, Bob Buckler, of Transworld Business Advisors, helps sell a business in the Cabinet Manufacturing Industry

Colorado Business Broker, Bob Buckler, of Transworld Business Advisors, helps sell a business in the Cabinet Manufacturing Industry

Greenwood Village, Colo., United States (Oct. 4, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Bob Buckler, business broker, assisted in selling a business in the cabinet manufacturing industry. The deal was structured around an all-cash deal that benefitted both the seller and the buyer. The combined efforts of Buckler and Alex Dvorak, a business br

Colorado Business Broker, Axel Fleischli, of Transworld Business Advisors, helps sell a business in the Personal Care Services Industry

Colorado Business Broker, Axel Fleischli, of Transworld Business Advisors, helps sell a business in the Personal Care Services Industry

Greenwood Village, Colo., United States (Oct. 4th, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Axel Fleischli, business broker, assisted in selling a business in the personal care services industry. The deal was structured as an all-cash, seller-carry deal that benefitted the buyer and the seller. "I was happy to work with one of my past clien

Colorado Business Broker, Taylor Bombardiere, of Transworld Business Advisors, helps sell a business in the Electrical Service Industry

Colorado Business Broker, Taylor Bombardiere, of Transworld Business Advisors, helps sell a business in the Electrical Service Industry

Greenwood Village, Colo., United States (Oct. 4th, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Taylor Bombardiere, business broker, assisted in selling a business in the electrical service industry.  The combined efforts of Patrick Bombardiere and Gary Goldwasser, business brokers with Transworld Business Advisors of Colorado, and Taylor

Colorado Business Broker, Ross Haymes, of Transworld Business Advisors, helps sell a business in the Catering Industry

Colorado Business Broker, Ross Haymes, of Transworld Business Advisors, helps sell a business in the Catering Industry

Greenwood Village, Colo., United States (Oct. 3rd, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Ross Haymes, business broker, assisted in selling a business in the catering industry. The deal was structured as an all-cash deal that benefitted the buyer and the seller. "The seller came upon a unique opportunity to return to their original career with

Colorado Business Broker, Keith Marlow, of Transworld Business Advisors, helps sell a business in the Testing Services Industry

Colorado Business Broker, Keith Marlow, of Transworld Business Advisors, helps sell a business in the Testing Services Industry

Greenwood Village, Colo., United States (Oct. 3rd, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Keith Marlow, business broker, assisted in selling a business in the testing services industry. The deal was an all-cash deal that benefitted both the seller and the buyer. "This was a terrific opportunity to bring the buyer and the seller together," said

Colorado Business Broker, Gary Goldwasser, of Transworld Business Advisors, helps sell a business in the Concrete Construction Industry

Colorado Business Broker, Gary Goldwasser, of Transworld Business Advisors, helps sell a business in the Concrete Construction Industry

Greenwood Village, Colo., United States (Sept. 26, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Gary Goldwasser, business broker, assisted in selling a business in the concrete construction industry. The deal was structured around a Small Business Administration (SBA) loan. "The buyer was a first-time buyer looking for business in South Carolin

The 'Big Guy & Little Guy' Wrap-Up: At Transworld, Every Business Deal Matters

The 'Big Guy & Little Guy' Wrap-Up: At Transworld, Every Business Deal Matters

As September draws to a close, we're reflecting on our monthly theme, "Big Guy & Little Guy." The essence of this theme captures the very spirit of Transworld Business Advisors: our unwavering commitment to businesses of all scales.  Whether it's a cozy café looking for the perfect new owner or a multinational brand considering a merger, every business deserves respect, attention, and

Colorado Business Broker, Axel Fleischli, of Transworld Business Advisors, helps sell a business in the Plumbing Industry

Colorado Business Broker, Axel Fleischli, of Transworld Business Advisors, helps sell a business in the Plumbing Industry

Greenwood Village, Colo., United States (Sept. 26, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Axel Fleischli, business broker, assisted in selling a business in the plumbing industry. The deal was structured around a Small Business Administration (SBA) loan. "The buyer was a trusted and strategic buyer who has purchased other plumbi

Colorado Business Broker, Patrick Bombardiere, of Transworld Business Advisors, helps sell a business in the Floral Industry

Colorado Business Broker, Patrick Bombardiere, of Transworld Business Advisors, helps sell a business in the Floral Industry

Greenwood Village, Colo., United States (Sept. 25, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Patrick Bombardiere, business broker, assisted in selling a business in the floral industry. The deal was all-cash and benefitted both the buyer and the seller. "The seller sold a well-known and beloved local flower shop to a buyer ready to take it o

Colorado Business Broker, David Wechsler, of Transworld Business Advisors, helps sell a business in the Retail Coffee Industry

Colorado Business Broker, David Wechsler, of Transworld Business Advisors, helps sell a business in the Retail Coffee Industry

Greenwood Village, Colo., United States (Sept. 20, 2023) – Transworld Business Advisors of Colorado is pleased to announce that David Wechsler, business broker, assisted in selling a business in the retail coffee industry. The deal was structured around a Small Business Administration (SBA) loan. "The first-time buyers were from Canada and moved to Evergreen a few years

Should I Use a Business Broker to Sell My Business?

Should I Use a Business Broker to Sell My Business?

In today's rapidly evolving business landscape, numerous business owners are considering selling their establishments. With the rise of digital platforms and easy-to-access marketplaces, there's been a significant uptick in owners choosing the DIY route for marketing their business. But is this the best choice?  Let's dive deep into why engaging a business broker like Transworld Business Adv

The Power of the Little Guy in the Business World

The Power of the Little Guy in the Business World

Did you know that 99% of U.S. businesses are small? Additionally, did you know 46.4% of all US employees are employed by small businesses?  When we imagine the business landscape, we often wander to towering skyscrapers, bustling stock markets, and charismatic CEOs helming vast enterprises. Yet, the true backbone of our economy, the unsung heroes, are the small businesses — the "little

Colorado Business Broker, Gary Goldwasser, of Transworld Business Advisors, helps sell a business in the Building Materials Manufacturing Industry

Colorado Business Broker, Gary Goldwasser, of Transworld Business Advisors, helps sell a business in the Building Materials Manufacturing Industry

Greenwood Village, Colo., United States (Sept. 11, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Gary Goldwasser, business broker, assisted in selling a business in the door manufacturing industry. The deal was structured around a Small Business Administration (SBA) loan with seller financing. "The buyer lived in Northern Colorado and has been in the

Every Business Counts: From Corner Stores to Conglomerates

Every Business Counts: From Corner Stores to Conglomerates

In the bustling tapestry of commerce, businesses come in all shapes and sizes. From the quaint coffee shop at the corner of your street to the multinational corporation that produces your favorite smartphone, every business has a role, a niche to fill, and a unique story to tell. At Transworld Business Advisors, we recognize and cherish this diversity. We understand that each business, regardless

Choosing the Ideal Business Broker: Expert Guidance from Transworld Business Advisors

Choosing the Ideal Business Broker: Expert Guidance from Transworld Business Advisors

Leaping to sell your Main Street business can take time and effort. The process, often intricate, demands an informed approach. Yet, selecting the right broker or advisor is one of your most pivotal decisions.  With Transworld Business Advisors' rich legacy of aiding countless business owners and entrepreneurs, we're here to illuminate the pathway in making this crucial choice. This guide wi

Denver Business Broker, Scott Nelson, of Transworld Business Advisors, helps sell a Cosmetic Manufacturing Business

Denver Business Broker, Scott Nelson, of Transworld Business Advisors, helps sell a Cosmetic Manufacturing Business

Greenwood Village, Colo., United States (Aug 24, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Scott Nelson, business broker, assisted in selling a cosmetic manufacturing business. The deal was an all-cash structured deal that benefitted both the seller and the buyer. "The buyer historically had difficulty finding organic, chemical-free cosmetics for

Denver Business Broker, Cade Beerman, of Transworld Business Advisors, helps sell a business in the Landscaping Industry

Denver Business Broker, Cade Beerman, of Transworld Business Advisors, helps sell a business in the Landscaping Industry

Greenwood Village, Colo., United States (Aug 24, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Cade Beerman, business broker, assisted in selling a business in the landscaping industry. The deal was structured around a Rollover as Business Startup (ROBS) 401K. "The buyers were a family looking to start their own business," Beerman said. "Patience and

Understanding Business Valuation: Deciphering Your Company's Worth

Understanding Business Valuation: Deciphering Your Company's Worth

Embarking on selling your business often hinges on a pivotal question: "How much is my business worth?"  This query isn't just about numbers—it embodies years of hard work, dedication, and growth. Business valuation is the compass in your selling adventure, ensuring you chart the right course. This guide delves into the crux of valuation, helping you make sense of your company's value

Colorado Business Broker, Nick Woodhull, of Transworld Business Advisors of Colorado helps sell a business in the Interior Design Industry

Colorado Business Broker, Nick Woodhull, of Transworld Business Advisors of Colorado helps sell a business in the Interior Design Industry

Greenwood Village, Colo., United States (Dec. 19th, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Nick Woodhull, business broker, assisted in selling a business in the interior design industry. The deal was structured around a cash-and-carry deal that benefitted both the seller and the buyer. "The highlight was working with an amazing busin

Denver Business Broker, Chris Cantwell, of Transworld Business Advisors, helps sell a business in the Language Service industry

Denver Business Broker, Chris Cantwell, of Transworld Business Advisors, helps sell a business in the Language Service industry

Greenwood Village, Colo., United States (Aug 18, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Chris Cantwell, senior business broker, assisted in selling a business in the Language Service industry. The deal was financed through a Small Business Administration (SBA) loan. "The buyer was a strategic buyer," Cantwell said. "The seller built a unique t

Denver Business Broker, Mike Krieger, of Transworld Business Advisors of Colorado Helps Sell a business in the Home Service Distribution industry

Denver Business Broker, Mike Krieger, of Transworld Business Advisors of Colorado Helps Sell a business in the Home Service Distribution industry

Greenwood Village, Colo., United States (Aug 17, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Mike Krieger, business broker, assisted in selling a business in the Home Service Distribution industry. The first-time buyer financed this deal. The combined efforts of Krieger, and Phil Kubat, Principal and Managing Broker of Transworld Commercial Real Es

The Fundamentals of Business Selling: A Guide for First-Time Sellers

The Fundamentals of Business Selling: A Guide for First-Time Sellers

Entering the world of business sales can be daunting for many first-time sellers. With myriad reasons to sell and processes to understand, it's essential to grasp the basics. In this comprehensive guide, we'll provide an overview of selling a business for beginners. Why Do Owners Decide to Sell? From retirement to pursuing new ventures, there are countless reasons an owner might decide it's time

Denver Business Broker, Charley Mitchell of Transworld Business Advisors of Colorado Helps Sell a Medical Clinic

Denver Business Broker, Charley Mitchell of Transworld Business Advisors of Colorado Helps Sell a Medical Clinic

Greenwood Village, Colo., United States (Aug 10, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Charley Mitchell, business broker, assisted in selling a medical clinic. This deal was structured as a cash and seller carry deal, benefiting both the buyer and the seller. "The buyer is a medical doctor looking to open his second practice," Mitchell said.

Denver Business Broker, Patrick Bombardiere of Transworld Business Advisors of Colorado Helps Sell an Accounting Firm

Denver Business Broker, Patrick Bombardiere of Transworld Business Advisors of Colorado Helps Sell an Accounting Firm

Greenwood Village, Colo., United States (Aug 8, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Patrick Bombardiere, business broker, assisted in selling an Accounting Firm. This deal was structured as an all-cash deal, proving beneficial for both the buyer and the seller. "We were able to find a strategic buyer with a similar business also located in

Understanding Business Valuation: A Comprehensive Guide

Understanding Business Valuation: A Comprehensive Guide

Business valuation is a crucial aspect of any business transaction, whether you are a seller looking to determine the worth of your company or a buyer considering a potential acquisition. However, the process of valuing a business is far from straightforward.    It is an art that requires the appraiser's judgment, skill, and sound methodology. In this guide, we will explore the various

Denver Business Broker, Taylor Bombardiere of Transworld Business Advisors of Colorado Helps Sell a Bike Repair Business

Denver Business Broker, Taylor Bombardiere of Transworld Business Advisors of Colorado Helps Sell a Bike Repair Business

Greenwood Village, Colo., United States (July 25, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Taylor Bombardiere, business broker, assisted in selling a Bike Repair Business. This deal was structured around a Small Business Association loan, proving beneficial for both the buyer and the seller. "This was a first-time buyer passionate about mountain

Denver Business Broker, Chris Cantwell, of Transworld Business Advisors of Colorado Helps Sell a business in the Language Service Industry

Denver Business Broker, Chris Cantwell, of Transworld Business Advisors of Colorado Helps Sell a business in the Language Service Industry

Greenwood Village, Colo., United States (Aug 17, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Chris Cantwell, senior business broker, assisted in selling a business in the Language Service industry. The deal was financed through a Small Business Association (SBA) loan. "The buyer was a strategic buyer," Cantwell said. "The seller built a unique tran

Is Now the Perfect Moment to Sell Your Business?

Is Now the Perfect Moment to Sell Your Business?

Are you a business owner contemplating the idea of selling your business?  The decision to sell is never an easy one, but through a well-thought-out plan of action, it can help you navigate the complexities and emotions of selling. That's where we come in. With our expertise in business brokerage and extensive business landscape knowledge, we are here to guide you through the process and hel

Denver Business Broker, Gary Goldwasser of Transworld Business Advisors of Colorado Helps Sell a Virtual Paralegal Drafting Outsource Company

Denver Business Broker, Gary Goldwasser of Transworld Business Advisors of Colorado Helps Sell a Virtual Paralegal Drafting Outsource Company

Greenwood Village, Colo., United States (July 5, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Gary Goldwasser, senior business broker, assisted in selling a Virtual Paralegal Drafting Outsource Company. This deal was structured around a Small Business Association loan with seller financing.  “The buyer was an accountant looking to own her

Selling a Business: A Transworld Guide to Streamlining the Process

Selling a Business: A Transworld Guide to Streamlining the Process

Are you considering selling your business? It's a big decision that requires careful planning and execution.    Luckily, Transworld Business Advisors is here to assist you every step of the way. Our team of expert advisors understands your challenges and is dedicated to providing the guidance and support you need to sell your business successfully.   In this comprehensive guide

Denver Business Broker, Patrick Bombardiere of Transworld Business Advisors of Colorado Helps Sell a Wheel Repair Business

Denver Business Broker, Patrick Bombardiere of Transworld Business Advisors of Colorado Helps Sell a Wheel Repair Business

Greenwood Village, Colo., United States (June 28, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Patrick Bombardiere, senior business broker, assisted in selling a Wheel Repair Business. This deal was structured around a Small Business Association loan, with a 10% seller cash-carry. The listing took five months to complete the sale and proved beneficia

How Long Will It Take to Sell My Business?

How Long Will It Take to Sell My Business?

If you're considering selling your business, one question that is likely at the forefront of your mind is, "How long will it take to sell my business?" The duration of the selling process can vary depending on several factors, but on average, it takes about 9.5 months to sell a business successfully. At Transworld Business Advisors, our average time to sell a business is 6 months, rounding o

Denver Business Broker, Taylor Bombardiere of Transworld Business Advisors of Colorado Helps Sell an Air Duct Cleaning & HVAC Business

Denver Business Broker, Taylor Bombardiere of Transworld Business Advisors of Colorado Helps Sell an Air Duct Cleaning & HVAC Business

Greenwood Village, Colo., United States (June 20, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Taylor Bombardiere, business broker, assisted in selling an Air Duct Cleaning & HVAC Business. This deal was structured around a Small Business Association loan, resulting in 100% cash at closing. “We were able to get the deal done by communicating e

Denver Business Broker, Tatiana DeMoraes of Transworld Business Advisors of Colorado Helps Sell a Well-Established & Profitable Florist Business

Denver Business Broker, Tatiana DeMoraes of Transworld Business Advisors of Colorado Helps Sell a Well-Established & Profitable Florist Business

Greenwood Village, Colo., United States (June 14, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Tatiana DeMoraes, business broker, assisted in selling a Well-Established & Profitable Florist Business. This was a full-price offer with a conventional loan which benefitted both the seller and the buyer. “The buyer was a local former schoolteacher

Unlocking Success: 3 Reasons to Work with a Transworld Business Advisor Broker

Unlocking Success: 3 Reasons to Work with a Transworld Business Advisor Broker

As an entrepreneur or a business owner, you’re always on the lookout for opportunities to expand and grow your business. Whether it's acquiring new talent or expanding into new markets, one of the most crucial steps in this process is to find the right business broker.  That's where the expert brokers Transworld Business Advisors come in. In this blog, we’ll share with you three

Denver Business Broker, Tyler Bowman, of Transworld Business Advisors of Colorado Helps Sell a Semi-Absentee Niche Manufacturing Business

Denver Business Broker, Tyler Bowman, of Transworld Business Advisors of Colorado Helps Sell a Semi-Absentee Niche Manufacturing Business

Greenwood Village, Colo., United States (June 5, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Tyler Bowman, business broker, assisted in selling a Semi-Absentee Niche Manufacturing Business. This was a cash-and-carry deal, which proved beneficial for both the seller and buyer. “It was a strategic buyer that already owned two other locatio

Denver Business Broker, Tatiana DeMoraes, of Transworld Business Advisors of Colorado Helps Sell a Specialty Cleaning Business

Denver Business Broker, Tatiana DeMoraes, of Transworld Business Advisors of Colorado Helps Sell a Specialty Cleaning Business

Greenwood Village, Colo., United States (May 31, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Tatiana DeMoraes, business broker, assisted in selling a Specialty Cleaning  Business. The deal was a 20% down, 80% seller financing structure, and beneficial for both the buyer and seller.   “It was a first time buyer who specifically wanted to

Denver Business Broker, David Wechsler, of Transworld Business Advisors of Colorado Helps Sell a Classic and Sportscar Restoration and Fabrication Shop

Denver Business Broker, David Wechsler, of Transworld Business Advisors of Colorado Helps Sell a Classic and Sportscar Restoration and Fabrication Shop

Greenwood Village, Colo., United States (May 31, 2023) – Transworld Business Advisors of Colorado is pleased to announce that David Wechsler, business broker, assisted in selling a Classic and Sportscar Restoration and Fabrication Shop. This was a cash-and-carry deal, which proved beneficial for both the seller and buyer. “It was a first-time buyer who specifically wanted to foll

Navigating the Path from Military Service to Business Owners

Navigating the Path from Military Service to Business Owners

Transitioning from military service to entrepreneurship can be a challenging yet rewarding journey.  As a veteran or military member, you have unique skills and experiences that can be applied to starting and running a successful business.  In this blog post, we will explore the benefits of military service to business ownership and provide tips for navigating the transition. Understa

Denver Business Broker, Mike Krieger, of Transworld Business Advisors of Colorado Helps Sell a Unique Turn-Key Soup & Sandwich Shop

Denver Business Broker, Mike Krieger, of Transworld Business Advisors of Colorado Helps Sell a Unique Turn-Key Soup & Sandwich Shop

Greenwood Village, Colo., United States (May 25, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Mike Krieger, business broker, assisted in selling a Unique Food Business. The deal was an all-cash structure and beneficial for both the buyer and seller.   “It was a financial buyer that wanted to enter the fast-casual dining industry," said Krieger. "T

Selling a Business to Employees: The Benefits and Challenges of an Employee Buyout

Selling a Business to Employees: The Benefits and Challenges of an Employee Buyout

Are you a business owner looking to sell your business? Wondering if you should consider an employee buyout as an option?  If you're looking for a way to pass on the reins and keep your business in good hands, selling to your employees could be an excellent choice. However, an employee buyout is challenging, and weighing the potential benefits and challenges before proceeding is crucial. In

Denver Business Broker, Patrick Bombardiere, of Transworld Business Advisors of Colorado Helps Sell a Large Co-Working Franchise Resale

Denver Business Broker, Patrick Bombardiere, of Transworld Business Advisors of Colorado Helps Sell a Large Co-Working Franchise Resale

Greenwood Village, Colo., United States (May 16, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Patrick Bombardiere, senior business broker, assisted in selling a Large Co-Working Franchise Resale. The deal was an all-cash structure and beneficial for both the buyer and seller.   “The buyer was an experienced business owner who operates another fran

How to Sell a Failing Business: Strategies for Finding a Buyer and Moving Forward

How to Sell a Failing Business: Strategies for Finding a Buyer and Moving Forward

Running a business can be challenging; sometimes, things work out differently than planned. Knowing the proper steps to take can be challenging when your business is facing financial difficulties and probable failure. However, the best option is to sell your business instead of continuing to run it. Here, we will take you through some strategies for finding a buyer and moving forward when sell

Denver Business Broker, Charley Mitchell, of Transworld Business Advisors of Colorado Helps Sell a Established a Profitable Window Covering Company

Denver Business Broker, Charley Mitchell, of Transworld Business Advisors of Colorado Helps Sell a Established a Profitable Window Covering Company

Greenwood Village, Colo., United States (May 10, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Charley Mitchell, business broker, assisted in selling an Established and Profitable Window Covering Company. The deal was 75% cash, 25% seller note, and beneficial for both the buyer and seller. "The seller was eager to retire," Mitchell said. " We found the right b

The Emotional Side of Selling a Business: Coping with the Loss and Moving On

The Emotional Side of Selling a Business: Coping with the Loss and Moving On

When you build a business, it becomes a part of your identity. Each decision you make and each hurdle you overcome is a part of your journey. So, when the day comes to sell it, it can feel like you're letting go of a part of yourself. Whether you're selling due to retirement, financial reasons, or just because it's time for a change, handling the emotional side of selling a business can be challe

Denver Business Broker, Patrick Bombardiere, of Transworld Business Advisors of Colorado Helps Sell an E-Commerce Business

Denver Business Broker, Patrick Bombardiere, of Transworld Business Advisors of Colorado Helps Sell an E-Commerce Business

Greenwood Village, Colo., United States (May 3, 2023) –Transworld Business Advisors of Colorado is pleased to announce that Patrick Bombardiere, senior business broker, assisted in selling a Profitable E-Commerce Business. The deal was an all-cash structured and beneficial for both the buyer and seller.   “The buyer was an entrepreneur who we sold a business for last year," said

Denver Business Broker, Nathan Willis, of Transworld Business Advisors of Colorado Helps Sell an IT Consulting Business in Denver

Denver Business Broker, Nathan Willis, of Transworld Business Advisors of Colorado Helps Sell an IT Consulting Business in Denver

Greenwood Village, Colo., United States (April 24, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Nathan Willis, senior business broker, assisted in selling a Managed Service Provider (MSP) - IT Consulting business.   “The buyer had ownership in similar IT businesses," said Willis. "We were able to work a cash-at-close deal,” said Willis. "The

How Veteran Small Business Owners can Benefit from SBA Loans

How Veteran Small Business Owners can Benefit from SBA Loans

Are you a veteran and a small business owner? Or are you a veteran looking to become a small business owner? Then, you came to the right place! This blog post will highlight options for veterans looking to finance their new business. You probably know the obstacles involved in establishing and managing your own business. But did you know the Small Business Administration (SBA) loan has programs d

Denver Business Broker, Alex Dvorak, of Transworld Business Advisors of Colorado Helps Sell a Carpet Cleaning Business in Denver

Denver Business Broker, Alex Dvorak, of Transworld Business Advisors of Colorado Helps Sell a Carpet Cleaning Business in Denver

  Greenwood Village, Colo., United States (April 19, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Alex Dvorak, business broker, assisted in selling a Carpet Cleaning Business in Denver.Established in 2007, this business has strong brand recognition and years in the market. “The buyer was a financial buyer, a serial entrepreneur looking to exp

Denver Business Broker, Greg Noble, of Transworld Business Advisors of Colorado Helps Sell a Semi-Absentee Vape Shop in Colorado Springs

Denver Business Broker, Greg Noble, of Transworld Business Advisors of Colorado Helps Sell a Semi-Absentee Vape Shop in Colorado Springs

  Greenwood Village, Colo., United States (April 19, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Greg Noble, business broker, assisted in selling a Semi-Absentee Vape Shop in Colorado Springs.Established in 2016, this business is located in a growing location and has a loyal client base. “The buyer was a previous business owner who recently sold

Denver Business Broker, Axel Fleischli, of Transworld Business Advisors of Colorado Helps Sell a Electrical Contracting Business in Denver

Denver Business Broker, Axel Fleischli, of Transworld Business Advisors of Colorado Helps Sell a Electrical Contracting Business in Denver

Greenwood Village, Colo., United States (April 19, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Axel Fleischli, senior business broker, assisted in selling a Denver-area Electrical Contracting Business.The business boasts over 30 years of experience in commercial electrical work in the Denver area.   “The buyer is an electrical contractor, who was

Denver Business Broker, Axel Fleischli, of Transworld Business Advisors of Colorado Helps Sell a Electrical Contracting Business in Denver

Denver Business Broker, Axel Fleischli, of Transworld Business Advisors of Colorado Helps Sell a Electrical Contracting Business in Denver

Greenwood Village, Colo., United States (April 19, 2023) – Transworld Business Advisors of Colorado is pleased to announce that Axel Fleischli, senior business broker, assisted in selling a Denver-area Electrical Contracting Business.The business boasts over 30 years of experience in commercial electrical work in the Denver area.   “The buyer is an electrical contractor, who was

Transworld Business Advisors vs. Transworld Commercial Real Estate: What's the Difference?

Transworld Business Advisors vs. Transworld Commercial Real Estate: What's the Difference?

Are you looking to buy or sell a business or property? Transworld has covered you with two principal subsidiaries- Transworld Business Advisors and Transworld Commercial Real Estate. At first glance, these two entities are similar- both are under the Transworld umbrella and help clients buy and sell properties. However, there are critical differences between the two that you should know before ma

Uncertain Economy: Why You Should Sell Your Business Now

Uncertain Economy: Why You Should Sell Your Business Now

The economy has been in a state of uncertainty lately due to global events like the pandemic, political changes, and economic recessions. As a business owner or entrepreneur, it's essential to keep an eye on the economic conditions that affect your business. Do you know that the current situation could be the best time to sell your business? In this blog post, we'll discuss why you should consid

Properly Package and Market Your Business

Properly Package and Market Your Business

How challenging can selling a business be? On the surface, the prospect appears simple. First, you have a business and want to sell it, then you share that information and wait for a buyer. But the reality is both more complicated and more nuanced. Using a broker takes the pressure off you so you can focus on your business operations. Few business owners understand everything involved in selling

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

Top 5 Reasons to Work with a Business Broker

Top 5 Reasons to Work with a Business Broker

UPDATED: Dec. 13th, 2023 Whether you've dedicated years to building your business or recently stepped into the role of entrepreneur, the prospect of selling your business is a significant undertaking. To navigate this complex process seamlessly and maximize your profit, enlisting the expertise of a seasoned business broker is a game-changer.  Transworld Business Advisors stand out as indust

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

3 Tips for First Time Business Sellers in Colorado

3 Tips for First Time Business Sellers in Colorado

Updated: Sept 12, 2023 Deciding to sell your business is both exhilarating and challenging. Whether you're a seasoned entrepreneur or making your first-ever sale, this journey is filled with intricacies.  Fortunately, we have some expert recommendations to ensure a successful and rewarding experience. 1. Maintain Business Operations Choosing to sell doesn't mean it's a done deal. It's ess

Decoding Business Prices: Listing vs. Selling

Decoding Business Prices: Listing vs. Selling

Updated: Aug. 28th, 2023 If you've ever ventured into real estate, you'd notice a trend: the appraisal value isn't the final selling price. Similarly, when it comes to selling businesses, there's a nuance between the listing and selling prices.  Let's dive deep into this difference and unravel how it can shape your business selling strategy. Understanding Business Pricing: Listing vs. Sell

How to Successfully Sell Your Main Street Business: Expert Insights from Transworld Business Advisors

How to Successfully Sell Your Main Street Business: Expert Insights from Transworld Business Advisors

Updated: Aug. 17, 2023 The journey of selling a business is intricate and often extends between 6 to 12 months. With a legacy of aiding over 10,000 business owners, Transworld Business Advisors is a beacon of expertise in this field.  This guide delves deep into the core factors affecting business sale timeframes and offers insights to help you secure the best deal. DIY vs. Profe

How Inflation Impacts the Sale of your Small Business in Colorado

How Inflation Impacts the Sale of your Small Business in Colorado

Inflation can have a profound effect on various aspects of our economy. Small businesses, often the backbone of local communities, are not immune to its sway. When it comes to selling a small business, inflation can introduce both challenges and opportunities, reshaping the landscape for buyers and sellers alike. As the effects of inflation continue to remain present, more and more businesses are

Thinking of Selling Your Beauty or Personal Care Business in Colorado? What You Need to Know in 2022

Thinking of Selling Your Beauty or Personal Care Business in Colorado? What You Need to Know in 2022

Time and time again, the beauty and personal care industry has proven to be resilient during challenging times by adapting and changing to their audience. The world has reopened, and beauty-based companies continue to rebound, so you may be asking—is now a good time to sell? Selling a beauty or personal care business in Colorado is not very different than selling any type of business.

Thinking of Selling Your Construction Business in Colorado? What You Need to Know in 2022

Thinking of Selling Your Construction Business in Colorado? What You Need to Know in 2022

After a bit of a tough turn during the pandemic, the construction industry has come roaring back to life. Demand is growing, with an increase of almost 9% anticipated for 2022 for this industry segment within the U.S. market. While supply chain disruptions and shortages of skilled workers may be continuing to cause hiccups for some, the overall outlook is very positive, particularly in terms of i

Selling Your Medical Business or Practice| Transworld Colorado

Selling Your Medical Business or Practice| Transworld Colorado

Thinking of Selling Your Health Care Business or Practice in Colorado? What You Need to Know in 2022. Health care is an industry that is constantly growing and evolving as new technologies and discoveries change treatments and care. This reality is truer than ever as the world has seen during the recent COVID-19 health care crisis. If you are looking to sell your health care business, the condit

Selling Your Cleaning Business | Transworld Colorado

Selling Your Cleaning Business | Transworld Colorado

Thinking of Selling Your Cleaning Service in Colorado? What You Need to Know in 2022 Americans started 2021 by cleaning house—literally. The COVID-19 pandemic kick-started worldwide hygiene awareness and majorly boosted demand for cleaning businesses. It wasn’t just about safety—it was about peace of mind. Residential cleaners, maids, janitors, and other sanitation professionals

Selling Your Restaurant | Transworld Colorado

Selling Your Restaurant | Transworld Colorado

Thinking of Selling Your Restaurant? What You Need to Know in 2022 If you’ve been following the news over the last few years, you know that business sales are up—way up—for certain industries, including restaurants. And if you’re like many restaurant owners, you’ve been thinking about selling your business, too. It’s easy to see why. Record-setting sales (both

How Quickly Can I (or Should I) Sell My Business in Colorado?

How Quickly Can I (or Should I) Sell My Business in Colorado?

In a perfect world, every entrepreneur would have ample time to prepare their business for sale. It’s a long, often complex process the demands our full attention—and ideally, assistance from professional brokers. After all, there are many, many factors to consider: Why am I selling? Is the market ideal? Do I have my legal and financial ducks in a row? (And more.) That being said, the

Business Trends to Look Out for in 2022 | Transworld - Colorado

Business Trends to Look Out for in 2022 | Transworld - Colorado

Business Trends to Look Out for in Colorado in 2022   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 wor

Safeguarding Your Legacy: How Transworld Business Advisors Ensures You Find the Right Business Buyer

Safeguarding Your Legacy: How Transworld Business Advisors Ensures You Find the Right Business Buyer

UPDATED AUG. 21, 2023 Entrepreneurs view their businesses as more than just assets. These ventures embody dreams, sweat, and countless hours of dedication. For many, selling their business means handing over a piece of their heart. Thus, the transition should be to someone who respects that legacy. At Transworld Business Advisors, we prioritize this sentiment, ensuring your entrepreneurial

Six Ways to Improve Your Business's Value in Colorado

Six Ways to Improve Your Business's Value in Colorado

Six Ways to Improve Your Colorado Business’s Value Preparing to sell your business? You could be leaving money on the table. Your business’s value depends on many different variables: revenue, profitability, market conditions, and more. But valuation is not set in stone. Depending on your situation, there may be several things you can do to raise your business’s value prior to

Fees and Expenses to Expect When Selling a Business in Colorado

Fees and Expenses to Expect When Selling a Business in Colorado

When you sell your business, you expect to make money—not spend it. But as the saying goes, you have to spend money to make money. The question is, how much? The answer isn’t always clear. However, most brokers agree that a certain amount of due diligence is necessary when preparing a business for sale. That means retaining qualified professionals to look over your books, guide you th

Pros and Cons of Selling Your Business without a Broker in Colorado

Pros and Cons of Selling Your Business without a Broker in Colorado

Are you ready to sell your business, but still on the fence about using a broker? You’re not alone. Many business owners, especially first-time sellers, feel compelled to DIY the process, thinking it will save them time and money. Selling your business can be a long process with many tedious steps. An experienced business brokerage (plus the valuable resources they bring to the table) can m

How to Find the Right Buyer in Colorado for your Business

How to Find the Right Buyer in Colorado for your Business

Finding the right buyer for your business goes beyond getting the highest offer possible. As a seller in Colorado, you're looking for the most qualified buyer that best aligns with your values. After years of building your business, it’s natural to want a big payoff. But there are other factors, like preserving your legacy or maintaining the integrity of your company, that matter too.  

3 Questions You Should Ask Before Hiring a Business Sale Broker

3 Questions You Should Ask Before Hiring a Business Sale Broker

Updated: May 31st, 2023 Attention, entrepreneurs and business owners! Are you ready to take the next big step and sell your business?  If so, you know that finding the right business sale broker is crucial to achieving a successful sale. In this informative blog post, we will unveil the three most important questions you should ask before hiring a business sale broker from Transworld Busine

How to Sell Your Business in Colorado in 2021

How to Sell Your Business in Colorado in 2021

Over the past year, many owners have been working hard to keep their businesses afloat. At times, having to reinvent or resize their company to stay competitive amidst the pandemic. Now, as things are turning around, you may be asking yourself, Should I sell my business? As valuations continue to go up, and buyers remain eager to spend their money, it’s prompting to be a big year for busin

Increasing Business Value: Your People

Increasing Business Value: Your People

UPDATED: NOV. 17, 2023 In the dynamic landscape of business ownership, the distinction between working on the business and working in the business is crucial. Transitioning from the role of a business operator to a business owner can significantly impact the value of your business. This blog explores how strategic delegation and elevation in your business operations increase its qualitative valu

Navigating Business Sales: The Criticality of Recognizing Deal Breakers

Navigating Business Sales: The Criticality of Recognizing Deal Breakers

Updated: Sept. 5, 2023 Finding the right buyer for your business is exhilarating. A generous offer comes in, you nod in agreement, and the horizon looks clear.  However, many sellers soon encounter obstacles—often termed "deal breakers"—that threaten the transaction's fruition. In this blog, we’ll explain the various types of deal breakers and how to avoid them. Understan

2020 Small Business Market Report

2020 Small Business Market Report

Curious about the current business maker? Read below to learn what happened in 2020 and what we can expect in the future. Or, watch the video here.     Key takeaways of the 2020 market data: 1Many business owners waited out 2020 instead of listing their businesses for sale, we expect as businesses recover and restrictions ease, these owners will fuel the increasing market demand fo

Guide to Small Business Valuation

Guide to Small Business Valuation

Updated: Sept 26th, 2023 Every small business owner inevitably asks: "How much is my business worth?" Whether you're contemplating selling, securing capital, or satisfying your curiosity, getting an accurate business valuation can be challenging. Dive into our updated guide on the most popular valuation method: the market method. Understanding Small Business Valuation Methods Businesses can be

An Explanation of How Businesses are Sold

An Explanation of How Businesses are Sold

When I tell people what I do, most have never heard of a business broker. And I'll explain the profession as a 'realtor for businesses.' Which usually gets me a  slight nod of understanding. But it's still not enough. Small business sales represent a large part of our local economies.  Thousands of businesses are sold across the United States each year for totals in the hundreds of milli

Top Questions to Ask a Business Broker

Top Questions to Ask a Business Broker

A Guide to Identifying a Great Business Broker in Colorado Having experience as a business owner allows you the understanding of what a quality service professional can truly bring to the table. When it comes time to sell a business in Denver, identifying a Denver business broker you can trust is important to ensuring the best outcome for your business sale process. In the following article, we&r

Transaction Announcement - Niche Manufacturing Business

Transaction Announcement - Niche Manufacturing Business

Denver Business Broker, Al Fialkovich, of Transworld Business Advisors - Rocky Mountain Helps Sell a Manufacturing Business in Colorado   Denver, Colo., United States (February 27, 2020) – Transworld Business Advisors - Rocky Mountain, the number one business brokerage firm in the Rocky Mountain Region, is pleased to announce that Al Fialkovich facilitated the sale of a niche manufact

How To Tell Your Staff You're Selling the Business?

How To Tell Your Staff You're Selling the Business?

The Better Question to Ask is “When to Tell Your Staff You’re Selling the Business?” Selling your business is a momentous decision. In conversation with owners, we find they struggle with how the decision might affect their employees, since they consider their team like a family. But part of being a business owner is shouldering the responsibility of the company and having the f

6 Common Mistakes Made by First-Time Business Owners (and How to Avoid Them)

6 Common Mistakes Made by First-Time Business Owners (and How to Avoid Them)

Updated: Oct. 27th, 2023 Embarking on an entrepreneurial journey is exciting, but it comes with challenges. Jessica Fialkovich, our Co-Founder, aptly stated on the Deal Board Podcast, "Starting and maintaining a business is tough." However, with the current entrepreneurial ecosystem, especially in the Rocky Mountain region, there's never been a more opportune time to start a business. The entry b

5 Mistakes to Avoid When Selling Your Business

5 Mistakes to Avoid When Selling Your Business

Updated: July 17, 2023 For a long time, your small business has played a significant role in your daily life, so when you list your business for sale, it is essential to remember you’re not at the finish line just yet and that mistakes can still be made in the process.  With the goal of a successful business sale in mind, we’ve outlined 5 Mistakes to Avoid When Selling Your Busi

How to Maximize Your Profit When Selling a Business

How to Maximize Your Profit When Selling a Business

Building Up Your Business Valuation When Selling a Business Typically, when we meet with business owners preparing to sell their company they have financial goals in mind that they would like to meet through the sale and are wondering how to determine the value of a business. Quite a few of our clients plan to retire after they sell their business and want to contribute to their retirement fund.

Is 2020 A Good Year to Sell a Business?

Is 2020 A Good Year to Sell a Business?

Does the new year represent a great opportunity for a business sale? In a recent article for Colorado Business Magazine, our President, Jessica Fialkovich shared her insight on the trend of boomer business owners selling to retire. She goes on the mention that, “Looking to the future of small business mergers and acquisitions, nearly 9 million businesses will transition to new ownership as

Transaction Announcement - Coffee Shop Business

Transaction Announcement -  Coffee Shop Business

Associate Business Broker, Taylor Bombardiere, of Transworld Business Advisors - Rocky Mountain Helps a Business Owner Relocate After their Coffee Business Sale   Denver, Colo., United States (November 26, 2019) – Transworld Business Advisors - Rocky Mountain, the market leader in business brokerage in the Rocky Mountain Region, is pleased to announce that an established coffee shop t

Professional Support During a Business Sale

Professional Support During a Business Sale

Professional Support During a Business Sale Choosing qualified professionals and vendors to support business operations is just as important as choosing the right local professionals to support a business sale transaction. But how do you know how to choose the right professionals to help you sell your Colorado small business and whose services do you even need to retain? In this article, we will

How Do You Sell a Small Business?

How Do You Sell a Small Business?

How Do You Sell a Small Business? Small businesses come in many shapes and sizes, but one thing they have in common is that at some point the owner will need to transition from the business. Whether the owner is retiring, or they’ve become weary of running their company, selling the business offers an exit plan with a great return. But how do you sell a business? In this article, Transworld

The Buyer Qualification Process

The Buyer Qualification Process

Understanding the Transworld Buyer Qualification Process As Business Brokers we receive a lot of questions about our buyer qualification process from business owners looking to sell their company. A common question we receive from owners is, how do we find the right buyer for a business that is for sale in Colorado? For good reason, business owners are concerned with the legacy of their company a

Practical Training and Transition Strategies for Business Ownership Transfer

Practical Training and Transition Strategies for Business Ownership Transfer

UPDATED: Dec. 28th, 2023 Crafting a robust training and transition program plays a pivotal role in streamlining the process of selling your business. Developing a comprehensive transition plan becomes essential if you're new to planning a business sale.  Beyond the financial aspects, business owners often seek a legacy for their company, aiming to pass it on to a capable buyer for seamless

3 Options to Exit Your Business if Your Assets Are Worth More than Your Cash Flow

3 Options to Exit Your Business if Your Assets Are Worth More than Your Cash Flow

What can you do when your business isn't making any money and you need to get out now? Transworld has three paths to exit that can help a business owner transition out of a company and get a respite from the daily stress.   While we would love for every business owner to find success, the reality of this scenario simply isn’t possible. So what can you do if you have started a company

What is a BPO and Why Do You Need One?

What is a BPO and Why Do You Need One?

What is a BPO and Why Do You Need One? What is a broker price opinion? Simply put a broker price opinion provides a business owner with a value for their small business based on market variables, comparable sales data, and industry expertise that a buyer would willingly pay for the business on the open market. Some of the factors a business broker will analyze are the company’s financial p

How Do You Know When It's Time to Sell Your Business?

How Do You Know When It's Time to Sell Your Business?

In this article, Transworld Business Advisors will share some of the typical reasons for selling a business to help you identify if the time for you to sell is now. Introduction Our Denver business brokers have worked with hundreds of business owners to help them exit their business. Year over year we’ve seen a steady 10% growth in business owners selling to retire, but there are any numbe

Does Your Business Plan Include an Exit Strategy?

Does Your Business Plan Include an Exit Strategy?

When a business owner starts or purchases their small business, their exit strategy is often not at the forefront of their mind. But just like every other part of business operations, which are outlined in a business plan, your exit strategy should be thought out and intentional as well.   What is an exit strategy? An exit strategy is a plan for a business owner to transition out of their

What's the Best Way to Sell a Business?

What's the Best Way to Sell a Business?

Consider your exit from the start to maximize value. When an entrepreneur starts a business and becomes a business owner, they are often not thinking in terms of what's the best way to sell a business? from the very start. However, building a strategic exit into your business plan is the best way to address this question and prepare for an exit. In this discussion, we’ve described three way

How Do You Calculate the Value of a Business?

How Do You Calculate the Value of a Business?

As a business owner, it’s important to keep on top of the value of your business. Whether you’re looking to identify ways to improve its value, are thinking about selling your business, or simply want to know what your sweat equity has built, knowing the value of your business will provide valuable insight. At Transworld Business Advisors, our business valuation experts can help you de

After the Sale: Making a Plan and Building Structure

After the Sale: Making a Plan and Building Structure

Life Doesn't Stop After the Sale of Your Business While selling your business may be the end goal, life doesn’t stop after the sale - it continues on but on a vastly different course. In a recent podcast episode, Jessica Fialkovich, President of Transworld Business Advisors - Rocky Mountain shared that, “A lot of entrepreneurs are really emotionally tied to their business, basically i

Selling Your Business: How Do You Know Know When It's Time to Sell?

Selling Your Business: How Do You Know Know When It's Time to Sell?

As a business owner you’re often head down in your business. But when you come up for air, you may realize that you’ve begun to wear out, or you’re ready to retire. “Is it time to sell my business?” you might ask yourself. This is a great question that we will help you consider more in depth in the following article.   Selling your business is a personal choice

The Significance of Confidentiality in Business Sales

The Significance of Confidentiality in Business Sales

Each time we connect with a business owner thinking about the sale of their business, we are met with big concerns over confidentiality. The business owner does not want their competitors to know, or they don’t want their employees to know; the list of reasons in favor of confidentiality is lengthy and we don’t disagree with their importance.   It is crucial to keep the pending

Valuation Methods to Determine How Much Your Business is Worth

Valuation Methods to Determine How Much Your Business is Worth

How Much Is A Business Worth? Buyers and sellers alike are primarily concerned with how a company is valued. Unfortunately, there is not one simple explanation because valuation is an art, not a science. There are multiple methods for determining the value of a business prior to sale, and we’ve outlined them below.   First, let’s look at the four different types of value that ca

Driving Business Sales: The Key Value Drivers for Buyers

Driving Business Sales: The Key Value Drivers for Buyers

Updated: May 18, 2023 Are you ready to sell your business? Then it's time to get inside the head of your buyers! Understanding what drives their decision-making process is key to closing the deal. Value drivers are what make your business attractive to potential buyers. So how can you make sure your business stands out? Let's dive into the top key value drivers buyers look for and how you can us

Seller Financing: The Only Guide You'll Ever Need

Seller Financing: The Only Guide You'll Ever Need

In business brokerage, we talk about financing options a lot, from the latest developments in SBA lending requirements, to up and coming alternative lenders. Financing is a key piece of a high number of our transactions, and for many buyers, its inclusion is the only way to get a deal done. For deals on the small side, that are harder to finance through traditional routes, or transactions involvin

Using the Due Diligence Period Effectively

Using the Due Diligence Period Effectively

When a business owner accepts a buyer’s letter of intent (LOI) to acquire their business, the buyer gets the opportunity to perform due diligence as outlined in that LOI. The offer to purchase a business is contingent on the successful completion of the due diligence period. Due diligence is meant to open the paths of communication between the buyer and seller to discuss the business on a gr

The Transition Period: Knowledge Transfer & Training the New Owner

The Transition Period: Knowledge Transfer & Training the New Owner

Many business owners have the ill conceived image of the buyer of their business signing the APA, pushing it across the table to them, where they execute the document, and then that’s that - they wash their hands clean of their old business. Aside from most business transactions actually happening virtually these days, the prior owner of the business is not done with their business just yet!

Transaction Announcement - Horizontal Drilling Business

Transaction Announcement - Horizontal Drilling Business

Business Broker, Gary Goldwasser, of Transworld Business Advisors - Rocky Mountain Closes on a Horizontal Drilling Business   Denver, Colo., United States (February 25, 2019) – Transworld Business Advisors - Rocky Mountain (http://www.tworld.com/locations/centraldenver/), a leading business brokerage firm in the state of Colorado, is pleased to announce that a drilling company traded

Transaction Announcement - Tutoring Business

Transaction Announcement - Tutoring Business

Business Broker, Nathan Willis, of Transworld Business Advisors - Rocky Mountain Closes on a Tutoring Business   Denver, Colo., United States (February 18, 2019) – Transworld Business Advisors - Rocky Mountain (http://www.tworld.com/locations/centraldenver/), a leading business brokerage firm in the state of Colorado, is pleased to announce that an education company traded hands with

Transaction Announcement - Landscape Design Business

Transaction Announcement - Landscape Design Business

Business Broker, Gary Goldwasser, of Transworld Business Advisors - Rocky Mountain Closes on a Landscape Design Business   Denver, Colo., United States (January 29, 2019) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a landscaping and design company traded hands with the support of Gary Goldwass

What is Your Word of the Year? Motivating Mottos When Looking to Sell a Business.

What is Your Word of the Year? Motivating Mottos When Looking to Sell a Business.

What’s Your Word of the Year? Motivating Mottos When Looking to Sell a Business.   For small business owners, the new year typically brings new focus, and an emphasis on goal-setting. One of the most recent – and beneficial – trends we’ve seen? Establishing a word of the year to focus your goals, activities, and general ethos for the year ahead.   And if you&

How to Maximize the Value of Your Small Business

How to Maximize the Value of Your Small Business

Updated: May 3, 2023 As a small business owner, you have poured your heart and soul into building your company, and you want to ensure that it's worth as much as possible when the time comes to sell or pass it on to the next generation. To help you achieve this goal, we've compiled a list of seven strategies to help you increase your business's value. In this post, we'll cover the first four st

Quarter Four 2018 Market Insight Report

Quarter Four 2018 Market Insight Report

The Fourth Quarter of 2018 proves to be another record shattering year for the small business mergers & acquisitions market. Buyers are confident in the economy and their capability to take their finances into their own hands through business ownership and have found the opportunities more and more accessible. Sellers also exhibit confidence and optimism towards the market for its ability to provi

Is 2019 the Year to Sell Your Business?

Is 2019 the Year to Sell Your Business?

As we get closer to January and a fresh new year, many of us begin to take stock of the past year. We reflect on the ups and downs and look to 2019 with a glint of hope in our eyes. One thing many people think about is a career change or retirement leading them to the question, "How do I sell my business?" 2019 is going to be a pivotal year for the business for sale market, especially for business

Be a Professional

Be a Professional

As a small business, we have built our company on a number of core values that we believe represent how we want to serve our community, how we want to act as professionals, and help us guide our service offerings from a solid foundation. Transworld’s core values are Tenacity, Learn & Grow, Be a Professional, and Small Business Advocacy. Today we would like to take a closer look at Be a Profe

Seller Financing

Seller Financing

Transworld Business Advisors works in the small business mergers & acquisitions market, which means we work with a lot of family owned, main street type businesses. We love working with these types of small businesses, however these deals can be on the smaller side requiring creative financing (outside of traditional lenders) to get the business transaction done.   One way to get these deal

Small Business Advocacy

Small Business Advocacy

As a small business, we have built our company on a number of core values that we believe represent how we want to serve our community, how we want to act as professionals, and help us guide our service offerings from a solid foundation. Transworld’s core values are Tenacity, Learn & Grow, Be a Professional, and Small Business Advocacy. Today in honor of the holiday and the upcoming small bu

When is the Right Time to Sell a Business?

When is the Right Time to Sell a Business?

Wondering how to sell your business and when the right time to exit a business is are natural question for a small business owner to have. The short answer to these questions is to begin the process 1-2 years before you want to sell your company, to allow room for the sale process. There are many factors that come into play when it comes time to exit your business that you can prepare for to bette

Transaction Announcement - Environmental Mitigation Company

Transaction Announcement - Environmental Mitigation Company

Business Broker, Patrick Bombardiere, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Environmental Mitigation Industry   Denver, Colo., United States (November 1, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that an environmental mitigation business exchanged hand

Learn & Grow

Learn & Grow

As a small business, we have built our company on a number of core values that we believe represent how we want to serve our community, how we want to act as professionals, and help us guide our service offerings from a solid foundation. Transworld’s core values are Tenacity, Learn & Grow, Be a Professional, and Small Business Advocacy. Today we would like to take a closer look at our second

Sharing Financial Information With Your Business Broker

Sharing Financial Information With Your Business Broker

Preparing to sell your business can be a stressful time for many. Thinking about the return you hope to receive from the sale, the plans you have for retirement, or a new career - it can all be a little too much. But using a business broker is a great way to relieve the stress of the process when figuring out how to sell your business, and will ensure you can receive a good return on investment, a

Common Business Sale Questions Answered

Common Business Sale Questions Answered

When you’re thinking about how to sell your business, it is common to have a lot of questions about the process and what to expect like, "How much is my business worrth?" Below we’ve addressed a few of the top questions you may have to begin the conversation about how to sell your company.   Q: How do you sell a business and can I sell my business without a business broker? A:

The Final Step: Training & Transition

The Final Step: Training & Transition

Once you reach the closing table, the transaction is not quite done. There is one final step in the transaction process and that’s the training and transition period! Soon following the closing activities, the buyer and seller will present the change in ownership to the management and employees of the company. While this discussion sounds simple enough, it is absolutely integral that the buy

Our Core Values: Tenacity

Our Core Values: Tenacity

As a small business, we have built our company on a number of core values that we believe represent how we want to serve our community, how we want to act as professionals, and help us guide our service offerings from a solid foundation. Transworld’s core values are Tenacity, Learn & Grow, Be a Professional, and Small Business Advocacy. Today we would like to take a closer look at our first

How to Get Ready for a Business Exit

How to Get Ready for a Business Exit

When you begin to think about selling your business and are wondering how much your company is worth, it can seem overwhelming! Where should you start? What will you need to be ready for? How do you sell a business? So we’ve prepared a brief cheat sheet of the first few steps you can take towards your business exit.   Build Your Professional Team. There are three important professiona

The Closing Table

The Closing Table

We have finally made it to the closing table! All Pre-Closing activities such as transferring the lease, the buyer and seller statements, and finalizing the financing have been completed. Funnily enough though, most closings are completed virtually, so there is no actual closing table per say, but that doesn’t make arriving at closing any less significant!   At closing, the asset purc

How to Identify a Professional Business Broker?

How to Identify a Professional Business Broker?

Working with a qualified, professional business broker can mean the difference between selling your business at a great value or never selling your business at all. So the questions becomes, how do you identify a professional business broker to begin with? In the following discussion, we will outline a number of qualifications a professional business broker will have to ensure they are an appropri

Should I Sell my Business?

Should I Sell my Business?

Many business owners think selling their business is outside of the realm of possibility, and wonder "Should I sell my business?" for any number of reasons. The reasons could be size, industry, or even because it is a home-based business. So business owners are often surprised and delighted to hear, that, yes, their business is salable.   The idea of a business’s salability depends on

The Penultimate Piece of the Process: Pre-Closing

The Penultimate Piece of the Process: Pre-Closing

Due diligence has come and gone and the closing table is in sight. But we’re not quite there yet because a lot has to be accomplished for the buyer and seller to close on their business.   Pre-closing is when a large list of items gets buttoned up before closing, and the broker manages this whole process for the buyer, seller and their attorneys. These items can range from transfering

Beyond the Google Search: Selecting an Attorney to Represent Your Business Sale

Beyond the Google Search: Selecting an Attorney to Represent Your Business Sale

When taking on the sale of your business it is important to have a highly qualified team in place. Outside of your business broker, we recommend sellers work with a finance professional as well as an attorney. Selecting an attorney to represent the sale of your business, goes far beyond simply Googling transactional attorneys. You will want to make sure that the attorney you choose has the right e

Doing Due Diligence Justice

Doing Due Diligence Justice

In our latest discussion of the business sale process, we outlined the submission of the letter of intent by the buyer to the seller of the business. With the submission and acceptance of the letter of intent the period of due diligence begins. The length of the due diligence period is outlined in the letter of intent and can vary from business to business, but generally for a small business only

Transaction Announcement - Liquor Retail Business

Transaction Announcement - Liquor Retail Business

Business Broker & Managing Director, Al Fialkovich, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Liquor Retail Industry   Denver, Colo., United States (July 11, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a liquor retail company traded hands due to the fac

What Does a Business Broker Bring to the Table?

What Does a Business Broker Bring to the Table?

It’s not uncommon to hear of a friend of a friend who sold their business without representation, but have you heard whether the deal was actually good or if their business suffered while it was for sale? Usually those details are kept under wraps and for good reason. Because the answers are likely, the deal was difficult, the sale price was much lower than expected, and, yes, the business s

What Do Business Buyers Want?

What Do Business Buyers Want?

Navigating how to sell your business can be a complex task. There are hundreds upon thousands of businesses for sale across the United States (and even abroad). These businesses come in all shapes and sizes from home-based, owner/operator companies, and franchise resales, to 200 employee construction businesses and multi-location salons. With so many options available for purchase, what are buyers

Transaction Announcement - Janitorial Company

Transaction Announcement - Janitorial Company

Business Broker, Alex Dvorak, of Transworld Business Advisors - Rocky Mountain Closes A Transaction in the Janitorial Industry   Denver, Colo., United States (June 20, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a janitorial service and supply company traded hands due to the facilitation

Transaction Announcement - Health & Wellness Business

Transaction Announcement - Health & Wellness Business

Business Broker, Patrick Bombardiere, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Health & Wellness Industry   Denver, Colo., United States (June 14, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a health & wellness company traded hands due to the support o

Submitting a Letter of Intent

Submitting a Letter of Intent

In our previous discussion of selling a business we took a moment to sit down with the seller and tour their operations. This discussion will take the process one step further to explain what happens when the buyer submits a letter of intent. A letter of intent (LOI) is a non-binding contract that formalizes the terms and conditions if the buyer were to purchase the business. The LOI pays special

Transaction Announcement - Commercial Painting Industry

Transaction Announcement - Commercial Painting Industry

Business Broker, Ross Haymes, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Painting Industry   Denver, Colo., United States (June 8, 2017) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a local painting company changed hands with the facilitation of Ross Haymes. &

Cobroking in Business Brokerage: Why It Matters?

Cobroking in Business Brokerage: Why It Matters?

Business brokers are transactional advisors - as such it is our mission to educate the small business community on how to sell a business. On the surface, cobroking may not seem like a big deal, but let me give you a little backstory. First a simple explanation of cobroking is when two business brokers collaborate on a transaction across brokerage offices, one broker representing the seller and on

Transaction Announcement - Flooring Business

Transaction Announcement - Flooring Business

Business Broker, Gregg Kunz, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Flooring Industry   Denver, Colo., United States (June 5, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a commercial flooring company traded hands due to the support of Gregg Kunz. &n

Transaction Announcement - Rafting Business

Transaction Announcement - Rafting Business

Business Broker, Nathan Willis, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Rafting Industry   Denver, Colo., United States (May 31, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a rafting & adventure company traded hands due to the support of Nathan Willis

Doing Your Due Diligence as a Business Owner

Doing Your Due Diligence as a Business Owner

While technically speaking Due Diligence is an aspect of the business sale process, it can also be used as an informative tool for business owners. As a business owner, taking a hard look at your business from a buyer’s perspective is a great way to help you get your business in a better place prior to sale, or to simply add value to your current operations.   Performing your own due

Sitting Down with the Seller & Touring the Business

Sitting Down with the Seller & Touring the Business

The last time we discussed the process of selling a business, we looked at the first buyer meeting, where the buyer met with their broker for an initial meeting and learned more about the business in question. At this point in the process, the buyer has a clear interest in moving forward with the business purchase and so it is time to be introduced to the seller.   A second meeting is set u

Selling a Business: What Does the Time Commitment Look Like?

Selling a Business: What Does the Time Commitment Look Like?

When selling your business it is normal to wonder how long you can expect the process to take from execution of the marketing agreement to the execution of the purchase agreement. And honestly, there isn’t one way to answer this question, because there are so many variables at play.   If your business is in tip top shape, with clean records, great cash flow, no daily oversight require

Transaction Announcement - Coffee Business

Transaction Announcement - Coffee Business

Broker and Managing Director, Al Fialkovich, of Transworld Business Advisors - Rocky Mountain Closes A Transaction in the Coffee Industry   Denver, Colo., United States (May 09, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a local coffee shop traded hands with the support of Al Fialkovich

2018 National Small Business Week

2018 National Small Business Week

National Small Business Week has arrived and while we like to think we celebrate small business every day here at Transworld - we can always use a good reason to cheer on the small businesses community in Colorado!   This week we will be sharing quotes about small business straight from the team members who work with them every day and have many years of experience themselves as small busin

2018 National Small Business Week

2018 National Small Business Week

National Small Business Week has arrived and while we like to think we celebrate small business every day here at Transworld - we can always use a good reason to cheer on the small businesses community in Colorado!   This week we will be sharing quotes about small business straight from the team members who work with them every day and have many years of experience themselves as small busin

2018 National Small Business Week

2018 National Small Business Week

National Small Business Week has arrived and while we like to think we celebrate small business every day here at Transworld - we can always use a good reason to cheer on the small businesses community in Colorado!   This week we will be sharing quotes about small business straight from the team members who work with them every day and have many years of experience themselves as small busin

We Are More Than Just Transaction Advisors

We Are More Than Just Transaction Advisors

We talk a lot about core values at Transworld - Rocky Mountain, because to us they aren’t just words you slap up on a website, they have gravitas. We take our core values of Tenacity, Learn & Grow, Be a Professional, and Small Business Advocacy to heart and try to embody them in our work every single day. We want to make sure we are supporting Colorado’s small business community in a h

2018 National Small Business Week

2018 National Small Business Week

National Small Business Week has arrived and while we like to think we celebrate small business every day here at Transworld - we can always use a good reason to cheer on the small businesses community in Colorado!   This week we will be sharing quotes about small business straight from the team members who work with them every day and have many years of experience themselves as small busin

2018 National Small Business Week

2018 National Small Business Week

National Small Business Week has arrived and while we like to think we celebrate small business every day here at Transworld - we can always use a good reason to cheer on the small businesses community in Colorado!   This week we will be sharing quotes about small business straight from the team members who work with them every day and have many years of experience themselves as small busin

Your Business is Listed for Sale, Now What?

Your Business is Listed for Sale, Now What?

So your business is listed for sale with Transworld - Rocky Mountain, now what? While you may think the answer is complex, our advice is actually pretty simple. Keep up with your status quo!   If you usually get to work by 7:30 AM, grab coffee and start checking emails - do just that. If you have a sales meeting scheduled for every Wednesday at 12 noon, than keep those scheduled. The idea

Transaction Announcement - Home Improvement Distribution Business

Transaction Announcement - Home Improvement Distribution Business

Broker and Managing Director, Al Fialkovich, of Transworld Business Advisors - Rocky Mountain Closes A Transaction in the Home Improvement Distribution Industry   Denver, Colo., United States (April 24, 2017) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a home improvement distribution business

Transaction Announcement - Catering Company

Transaction Announcement - Catering Company

Broker and Managing Director, Al Fialkovich, of Transworld Business Advisors - Rocky Mountain Closes A Transaction in the Catering Industry   Denver, Colo., United States (April 24, 2017) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a catering company traded hands with the support of Al Fialkov

Transaction Announcement - Dental Business

Transaction Announcement - Dental Business

Business Broker, Ross Haymes, of Transworld Business Advisors - Rocky Mountain Closes A Transaction in the Dental Industry   Denver, Colo., United States (April 23, 2017) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a dental lab business traded hands with the aid and support of Ross Haymes. &n

Transaction Announcement - Pack & Ship Business

Transaction Announcement - Pack & Ship Business

Business Broker, Chris Warfel, of Transworld Business Advisors - Rocky Mountain Closes A Transaction in the Pack and  Ship Industry   Denver, Colo., United States (April 23, 2017) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a local pack and ship business traded hands with the support of C

Quarter One 2018 Market Insight Report

Quarter One 2018 Market Insight Report

Introduction. The small business sector of the M&A market continues to grow, even following 2017’s record breaking data. In fact, BizBuySell’s survey of business brokers nationwide in December of 2017, showed that brokers expect the market to at least remain consistent if it does not continue to increase in the near future. In Transworld - Rocky Mountain’s specific service area,

The First Meeting: A Basic Company Review

The First Meeting: A Basic Company Review

After a buyer inquires about a business, has signed a non-disclosure agreement, and decides they are officially interested in learning more about the company, their broker will request a meeting with them to take the first steps towards getting to know the business for sale better.   The first meeting takes place between the broker and the buyer - the seller does not join the conversation u

Transaction Announcement - Fitness Industry

Transaction Announcement - Fitness Industry

Business Broker, Chris Cantwell, of Transworld Business Advisors - Rocky Mountain Closes A Transaction in the Fitness Industry   Denver, Colo., United States (April 12, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a local group fitness gym traded hands with the support of Chris Cantwell.

The Benefits of Using a Business Broker

The Benefits of Using a Business Broker

Business brokers have finely honed expertise they use to help you sell your small business, in addition to their real estate licensing, they hold memberships with organizations such as the Colorado Association of Business Intermediaries (CABI) and the International Business Brokers Association (IBBA). These organizations provide industry support, a vast network, continuing education, training oppo

A Buyer Inquires

A Buyer Inquires

One of Transworld’s service goals is to not simply list a business for sale, but to proactively market a business to identify a great buyer. So when a buyer eventually inquires on a business for sale, they can come from quite a few places. They may come in through our website listings or Biz Buy Sell, they can come as a referral from a trusted resource in our professional network like an att

What Is EBITDA?

What Is EBITDA?

EBITDA is an acronym for earnings before interest, taxes, depreciation, and amortization. Using a company’s EBITDA allows an experienced business broker to answer the question, "How much is a business worth?" and develop the fair market value of a business. EBITDA allows for the elimination of non-operating costs that are unique to each business, while also allowing you to focus on a company

The Seller’s Role Post Sale

The Seller’s Role Post Sale

The Question How long do sellers typically stay with their business following its sale?   The Answer The answer to this question depends on the business itself and, of course, the seller. If the business is quite a large manufacturing facility with a lot of moving parts, than the seller may stay up to a month, possibly longer. If the business is a small home based business or the buyer is

Transaction Announcement - Cleaning Company

Transaction Announcement - Cleaning Company

Business Broker, Ross Haymes, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Cleaning Industry   Denver, Colo., United States (March 1st, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a commercial cleaning business traded hands with the support of Ross Haymes.

Taking Your Business to Market

Taking Your Business to Market

During the business sale process, following information collection, it is time for your Business Broker to get your listing out to the market! One of the main responsibilities of a business broker is to pair off buyers with sellers and visa versa. Though the process of how to sell your company is the same, the marketing of your business will be different depending on the specific business and its

How Much is My Business Worth and How Do I Increase its Value

How Much is My Business Worth and How Do I Increase its Value

Updated: May 10th, 2023 Time to face facts, business owners - there are plenty of things you can do to be more successful, but maybe you just haven't learned the right strategies yet.  Building more value into your company can be one of the most impactful moves, giving you a more hardy business that'll be worth more when it comes time to move on.  Don't be left behind - check out thes

Do You Have an Exit Strategy?

Do You Have an Exit Strategy?

It is never too early to begin planning for a strategic exit from your business! While we like to think we are in control, you can never know what the future holds and don't want to feel stuck asking yourself, "How do I sell my business fast?' Putting in place a sound plan to exit your business will help facilitate a faster exit when the time comes and can provide for a higher return on investment

Transaction Announcement - Retail Game Store

Transaction Announcement - Retail Game Store

Business Broker,  Chris Cantwell, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Gaming Retail Industry   Denver, Colo., United States (February 7th, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that retail game store traded hands with the support of Chris Ca

Transaction Announcement - Restaurant

Transaction Announcement - Restaurant

Business Broker,  Chris Cantwell, of Transworld Business Advisors - Rocky Mountain Closes a Transaction in the Restaurant Industry   Denver, Colo., United States (February 7th, 2018) – Transworld Business Advisors - Rocky Mountain, a leading business brokerage firm in the state of Colorado, is pleased to announce that a pizza and pasta restaurant traded hands with the support of

Information Collection

Information Collection

After Building Your Team as part of the how to sell your business process, the process begins to get real with the collection of information by your broker. The information collection step while not everyone’s favorite, provides your broker with all of the necessary information to understand your business, and get it listed for sale!   Once the marketing agreement has been signed, you

What Makes Your Business an Ideal Purchase?

What Makes Your Business an Ideal Purchase?

Add value to your company by addressing buyer preferences. While all buyers are different, there are a number of factors that make a business an ideal purchase, buyer preferences aside. As a seller, you can keep these factors in mind to help move the needle for a prospective buyer. The considerations that follow will provide some great insight into what a buyer might be looking for. Established

Building Your Team

Building Your Team

Following the preparation step of selling your business, comes one of the most integral parts of the process, building your team! Why is this step so integral, you might ask? Well, a good team can mean the difference between selling your business or not, or negotiating a good deal or not - are you starting to get the picture?   Building a team of qualified and experienced advisors will you

Preparation

Preparation

One of Transworld's core values is small business advocacy a key component of which is sharing educational information and resources with our community on how to sell your company or the benefits of buying a business to help them make informed decisions for their future. So today we will begin working our way through the 12 step process of how to sell your business, starting with Preparation. Pre

Transaction Announcement - Restaurant

Transaction Announcement - Restaurant

Broker, Chris  Warfel, of Transworld Business Advisors of Colorado Closes A Transaction in the Restaurant Industry   Denver, Colo., United States (January 2nd, 2018) – Transworld Business Advisors of Colorado, a leading business brokerage firm in the state of Colorado, is pleased to announce that a local wine and food pairing concept traded hands with the support of sell side Bro

Transaction Announcement - Restaurant

Transaction Announcement - Restaurant

Broker, Roger Smolik, of Transworld Business Advisors of Colorado Closes A Transaction in the Restaurant Industry   Denver, Colo., United States (January 2nd, 2018) – Transworld Business Advisors of Colorado, a leading business brokerage firm in the state of Colorado, is pleased to announce that a Vietnamese Restaurant traded hands with the support of Roger Smolik.   “Thi

Transaction Announcement - Vending Business

Transaction Announcement - Vending Business

Broker, Chris  Warfel, of Transworld Business Advisors of Colorado Closes A Transaction in the Vending Industry   Denver, Colo., United States (January 2nd, 2018) – Transworld Business Advisors of Colorado, a leading business brokerage firm in the state of Colorado, is pleased to announce that a healthy vending machine business traded hands with the support of Business Broker, Ch

Transaction Announcement - Sales Training Business

Transaction Announcement - Sales Training Business

Broker and Managing Director, Al Fialkovich, of Transworld Business Advisors of Colorado Closes A Transaction in the Sales Training Industry   Denver, Colo., United States (January 4th, 2017) – Transworld Business Advisors of Colorado, a leading business brokerage firm in the state of Colorado, is pleased to announce that a local sales training business was traded to a new owner with

Preparation

Preparation

One of Transworld’s core values is small business advocacy a key component of which is sharing educational information and resources with clients and our community to help them make informed decisions for the future of their business. So today we will begin working our way through the 12 step process of selling a business, starting with Preparation.   Preparing for the sale of your bu

How Much is My Business Worth?

How Much is My Business Worth?

The start of 2018 brings with it a certain amount of introspection into the status quo. It is also the time of year many small business owners review their business plans and develop plans for the new year. All of this review may bring about questions like, "How much is my business worth?" or "How much can I sell my company for?" These are great questions to ask whether you are looking to grow you

The Financial Documents Needed to Sell Your Business

The Financial Documents Needed to Sell Your Business

It is our job to help prepare a seller and their business for the sale process and part of this discussion is identifying the records and documents we will need to substantiate the business and answer the question for our seller, "How much is my business worth?" At the start of working with a seller it is necessary to evaluate their business and provide a valuation of its worth as a starting poin

Championing Your Small Business: The Transworld Business Advisors Commitment

Championing Your Small Business: The Transworld Business Advisors Commitment

Updated: Sept. 19, 2023 Every day in business brokering, we converse with many individuals. This includes budding professionals delving into the intricacies of selling, fellow brokers, astute attorneys, and ambitious entrepreneurs on the cusp of their next venture. Amid these extensive interactions, one might wonder who we truly represent. Without a doubt, our allegiance lies with your small busi

Planning the Sale of Your Business: Why and How

Planning the Sale of Your Business: Why and How

UPDATED: Oct. 16th, 2023 For many entrepreneurs, the excitement of building a business overshadows planning an exit strategy. However, preparing for an eventual sale can be crucial for multiple reasons, even from your company's inception. Why Planning Early is Essential Life is unpredictable. You may want to retire earlier than expected, or maybe your children decide not to step into your shoes

Is 2018 the Year to Sell?

Is 2018 the Year to Sell?

As we start our journey through the holiday season, beginning with Thanksgiving tomorrow, many adults begin to reflect on the status quo. Am I where I wanted to be at 45, 55, 65…? Am I making enough money to continue to support my family, pay for college, and save for retirement? Is 2018 the year I would like to sell my business and retire to spend time with my family and to travel? How muc

Who is Qualified to Sell My Business?

Who is Qualified to Sell My Business?

UPDATED: Nov. 9, 2023 Are you an entrepreneur contemplating the sale of your business or seeking a qualified professional to handle the process on your behalf? Selling your business is a momentous decision, particularly if a substantial portion of your wealth is tied to it. To ensure a successful business sale, you must assemble a top-notch team of professionals well-versed in the industry who ca

Confidentiality & The Sale of Your Business

Confidentiality & The Sale of Your Business

When we sit down with a new seller and begin to discuss their situation and the exit goals they have, one of their main concerns usually has to do with the confidentiality of their sale and the best way to sell a business. The seller may be nervous that they could lose customers or employees if they hear they plan to sell. Some sellers have concerns over competitors finding out their trade secrets

Common Seller Questions Addressed

Common Seller Questions Addressed

Most professionals looking at how to sell a business have never been through the process before, so they naturally have quite a few questions about how to sell a business and how to find out how much a company is worth. So today we will be addressing some of the questions we hear quite often from our sellers to hopefully ease your mind. How do you sell a business? I have been thinking about sellin

#12 Buying and Selling a Business in Colorado: Training and Transition

#12 Buying and Selling a Business in Colorado: Training and Transition

The work of closing a transaction is not quite complete following the actual closing activities, as described in blog eleven of our series. There is one final step in the process of how to sell a business and that is training and transition! The Training and Transition period takes place the day of, or soon after Closing. The Buyer and Seller, in concert, hold a closing meeting with management and

Should You Sell Your Business at Its Peak?

Should You Sell Your Business at Its Peak?

Knowing when to sell a business is half the battle. As business owners, we want to reap the benefits of our businesses doing well for as long as possible. However, when you are planning a strategic exit it might be smart to sell at the peak of your business's performance. Although that seems counterintuitive it can be an ideal time to sell your business because of the three reasons we have outlin

#11 Buying and Selling a Business in Colorado: Closing

#11 Buying and Selling a Business in Colorado: Closing

Finally following our discussions of Pre-Closing in blog ten of our series on how to sell your company we have made it to Closing! Closing is that monumental step that everyone pictures in their mind when thinking about buying or selling a business. It brings up that great image of contracts being signed with fountain pens and keys jingling as they are exchanged. In actuality, most closings are do

What Makes a Business Salable?

What Makes a Business Salable?

Business ownership is a unique venture. It gives the owner the opportunity to be in control and work for themselves. But most importantly, it is the chance to work in an industry you love, or produce a product or provide a service you feel strongly about. This is all fine and dandy until it comes time to exit your business and you wonder if it was all worth it in the end; is your business truly sa

#10 Buying and Selling a Business in Colorado: Pre-Closing

#10 Buying and Selling a Business in Colorado: Pre-Closing

In part nine of our series on how to sell your company, we walked through the Due Diligence period. Now it might seem that the next natural step is the Closing period, but there is a lot of work to complete between now and Closing! So we have made room for a step in the process called Pre-Closing. It is during this step that a whirlwind of work is finished so that the buyers and sellers can be tak

#9 Buying and Selling a Business in Colorado: Due Diligence

#9 Buying and Selling a Business in Colorado: Due Diligence

The letter of intent was submitted in part eight of our blog post series on how to sell a business and now comes the time for due diligence. The due diligence period is outlined in the letter of intent and is a time for the buyer to explore the business in question. The length of time for due diligence varies, but generally, a week or two for small businesses is all that is required. During this p

The Complexities of the Liquor License Transfer in Denver

The Complexities of the Liquor License Transfer in Denver

Learn About Transferring a Liquor License in Denver Working in business brokerage, Transworld is used to performing a number of i dotting and t crossing activities. But recently there have been some changes to the regulations governing liquor license transfers that we sought professional help to better understand. Enter Peter Nemkov, a private practice attorney with Nemkov and Bonifazi, PLLC who

Identifying the Right Attorney for a Business Transaction

Identifying the Right Attorney for a Business Transaction

Updated April 12, 2023 Business transactions, no matter how small or big, require legal assistance. If you are a startup owner or an entrepreneur, you need to invest in the right business attorney to smoothen out the legalities of your business transactions. Selecting the right attorney can be daunting, but failing to do so could cause you more trouble. In this blog post, we will discuss tips on

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Reputation

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Reputation

Part 3: Reputation When business owners are preparing to sell their businesses, there are many ways they can make themselves attractive to buyers. As we represent many current and new business owners in Colorado, we have compiled the top five ways sellers can make themselves attractive to buyers. In Part 3 of our series, we will focus on Reputation. A business's reputation is not only vital to t

#8 Buying and Selling a Business in Colorado: The Letter of Intent

#8 Buying and Selling a Business in Colorado: The Letter of Intent

In our last post in our buying and selling series, the buyer participated in their second meeting and review of the company with the broker and seller. The buyer is now ready to submit a letter of intent (LOI) to the seller with the help of their broker. The LOI will outline the ideal specifics of the deal structure inclusive of the following information: The price the buyer is willing to

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Cash Flow

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Cash Flow

Part 1: Cash Flow When business owners are preparing to sell their businesses, there are many ways they can make themselves attractive to buyers. As we represent many current and new business owners in Colorado, we have compiled the top five ways sellers can make themselves attractive to buyers. In Part 1 of our series, we will focus on Cash Flow. When business owners are preparing to sell their

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Organizational Structure

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Organizational Structure

Part 2: Organizational Structure When business owners are preparing to sell their businesses, there are many ways they can make themselves attractive to buyers. As we represent many current and new business owners in Colorado, we have compiled the top five ways sellers can make themselves attractive to buyers. In Part 2 of our series, we will focus on Organizational Structure. The way a business

Why You Should Use a Business Broker to Sell Your Business

Why You Should Use a Business Broker to Sell Your Business

Updated: May 31st, 2023 Selling a business can be a tricky and complicated process, and that’s why most business owners choose to use the services of a business broker.  A broker facilitates the sale of a business to ensure that all the parties involved including the buyer and seller are satisfied with the transaction.  As a business owner, you need to consider using a business

How Long Does It Take to Sell a Business?

How Long Does It Take to Sell a Business?

How long does it take to sell a business? I can say, without fear of contradiction, "It depends." It depends on the market: At this very moment, the market for business sales is warm to hot. The economy is improving, especially in Colorado, but it will not stay that way forever. Currently, money for business acquisitions is cheap. Baby Boomers are leaving the corporate world in droves, and m

What Financial Records Will I Need to Share to Sell my Business?

What Financial Records Will I Need to Share to Sell my Business?

Feel confident in sharing financial records with your business broker. In our regular discussions with sellers, inevitably the question of, "What financial records will I need to share to sell my business?" arises. In my experience sellers are cautious about with whom they share their financial records and at what point in the process this will take place. To begin allaying the Seller's trepidati

Is my business salable? Can I sell my business? Should I sell my business?

Is my business salable? Can I sell my business? Should I sell my business?

Is my business salable? Can I sell my business? Should I sell my business? These are questions every business owner ponders and they may even keep them up at night. But they don't have to! By the end of this discussion you will be able to deduce whether your business has what it takes to be sold. While there are many variables that intersect and create an opportunity for sale (or not), at the end

How Do I Get My Business Ready for Sale?

How Do I Get My Business Ready for Sale?

How can you get your business ready to sell? First, we need to answer this question, "How soon are you planning to sell?" If you want to start the process right away, then we will stick to the basics. #1. Get your financial reports in shape. Buyers typically want to see at least three years of financial data. When we list a company at Transworld, we will ask for three years of tax returns, plus

Is 2016 the Year to Sell Your Business?

Is 2016 the Year to Sell Your Business?

Reports for small business sales in 2015 hit the internet this week. According to BuyBizSell.com's Insight Report, "While the number of businesses that changed hands decreased slightly [in 2015], key financial indicators reached all-time highs, indicating a healthy, more balanced market." Does that mean that 2016 is going to improve even more? Is 2016 the year to sell your business? We have some

What Does a Business Broker Charge?

What Does a Business Broker Charge?

What Does a Business Broker Charge? Understanding the Ins and Outs Understand the fees involved with selling your company using a Denver Business Broker. Updated: April 10, 2023 As a business owner, you likely put in effort and time to ensure the success of your business venture. However, when it comes to selling or buying a business, it can be a challenging process. This is where a business br

What Records Should I Make Available to a Potential Buyer?

What Records Should I Make Available to a Potential Buyer?

Yes, this is business, but for you, the small business owner, it feels personal. Your business is special, important and it is yours. So when it comes time to revealing sensitive information to a total stranger (the buyer), it is natural for you to be cautious. It is true, that potential buyer is a stranger. It is someone who probably doesn't know you and someone who most certainly is not privy t

So You've Liquidated Your Business, Now What?

So You've Liquidated Your Business, Now What?

Avoiding common mistakes after selling your business can be a challenge. People tend to make decisions through their own lens of experience, and chances are if you have started or run a business and are now selling your business, you may want to do it again. What do you need to consider before redeploying your assets into a new venture? There are three keys to a successful transition from business

How Can I Prevent My Employees/Customers/Vendors from Knowing I'm Selling my Business?

How Can I Prevent My Employees/Customers/Vendors from Knowing I'm Selling my Business?

Why keeping a business sale confidential is critical to the sale process. The question boils down to confidentiality. Maintaining confidentiality is critical to the business owner while they sell their business. After all, the process of selling a business typically takes several months from start to finish, which is a lot of time for the reputation or profits of a business to become marred

How Long Does it Take to Sell a Business (Part 2)

How Long Does it Take to Sell a Business (Part 2)

We received a lot of feedback from our first post on how long it takes to sell a business. So to follow up our Managing Director, Al Fialkovich, has answered a few of the questions we received here:   Based on businesses you've sold and the market, can you give us an average length of time it takes to sell a business? Typically, the industry average to sell a business is 9.5 months.

The Baby Boomer Seller Tsunami: How it Affects the Value of your Business

The Baby Boomer Seller Tsunami: How it Affects the Value of your Business

No one can argue that the impending baby boomers retirement will affect how business markets operate currently. And it will be no different for mergers and acquisitions and small business sales. In the current market, it is estimated that approximately 30,000 - 50,000 business sales occur every year. With the wave of baby boomers planning to exit their businesses, however, SME Research predicts th

How Long Does It Take To Sell A Business?

How Long Does It Take To Sell A Business?

How long does it take to sell a business? I can say, without fear of contradiction, "It depends." It depends on the market: Right now the market for business sales is warm to hot. The economy is improving, especially in Colorado Currently, money for business acquisitions is cheap. Baby Boomers are leaving the corporate world in droves, and many are looking for Career 2.0. It depends on th

What is Seller Financing?

What is Seller Financing?

"Financing. Where do I get it?" It's one of the most frequently asked questions we encounter with potential business buyers and, perhaps, the one with the biggest number of answers! At Transworld, we specialize in walking buyers through different financing options. Some options are well-known, like SBA Loans, Conventional Loans, and the use of private investors. Other financing options may not be

How Much is My Business Worth?

How Much is My Business Worth?

If you are a business owner contemplating selling your company, chances are your first question is "How much is my business worth?" This logical inquiry into a company's worth is the number one concern of most of our sellers and is of the utmost importance to any qualified potential buyer. So how should you go about finding out the true valuation of your company when preparing for a sale? Un

Independent Contractor Resources

Independent Contractor Resources

As we represent many current and new business owners in Colorado, we understand that independent contractors can be a benefit and a detriment to a business, particularly during a business sale. We have created a three-part series that will describe independent contractors, how they affect a business sale and how to make sure you are following regulations to avoid penalties or problems during a sal

How Independent Contractors Can Affect the Sale of a Business

How Independent Contractors Can Affect the Sale of a Business

As we represent many current and new business owners in Colorado, we understand that independent contractors can be a major influence on a business and particularly a business sale. We have created a three-part series that will describe independent contractors, how they affect a business sale and how to make sure you are following regulations to avoid penalties. In Part 2 of our series, we describ

Introduction to Independent Contractors

Introduction to Independent Contractors

As we represent many current and new business owners in Colorado, we understand that independent contractors can be both a benefit and a detriment to a business and particularly during a business sale. We have created a three-part series that will describe what independent contractors are, how they affect a business sale, and how to make sure you are following regulations to avoid penalties or pro

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Industry

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Industry

When business owners are preparing to sell their businesses, there are many ways they can make themselves attractive to buyers. As we represent many current and new business owners in Colorado, we have compiled the top five ways sellers can make themselves attractive to buyers. In Part 2 of our series, we will focus on Industry. We all know industries experience ups and downs. Factors that might

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Culture

Top 5 Ways a Seller Can Make Themselves Attractive to a Buyer: Culture

When business owners are preparing to sell their businesses, there are many ways they can make themselves attractive to buyers. As we represent many current and new business owners in Colorado, we have compiled the top five ways sellers can make themselves attractive to buyers. In Part 2 of our series, we will focus on Culture. When a buyer is looking to buy a business he/she wants his/her cultur

A Guide to Seller Financing

A Guide to Seller Financing

What is Seller Financing? Financing is a difficult topic to address and one that comes up frequently in the brokerage business. The sheer number of options and varying business conditions makes each financing situation unique. At Transworld, we specialize in working with buyers to find the optimal financing option for their specific situation. Some of these options are well-known, like paying cas

The Baby Boomer Seller Tsunami: Why 2016 is the Year to Sell

The Baby Boomer Seller Tsunami: Why 2016 is the Year to Sell

Preface Baby Boomers was the namesake given to the large generation of babies born following World War II, between the years of 1946 and 1964. In 2016 this generation is made up of people between the ages of 52 and 70. As the Baby Boomer population grew into adulthood they became known for their wealth, social activity and physical fitness especially when compared to past generations. This was a g

Common Questions: The Prospective Seller's Edition

Common Questions: The Prospective Seller's Edition

When meeting with prospective clients looking to sell their businesses, there are a handful of questions we are frequently asked. Because we hear them so often, I thought addressing them here with our readers would be useful! Please keep in mind though the following question and answers may not be all inclusive, they will provide an adequate starting point for those considering the sale of their b

Planning For a Business Sale: When is the Right Time?

Planning For a Business Sale: When is the Right Time?

The simple answer to this question is from day one. Most business advisors will recommend you start with an endgame in mind, whether it is 5, 10 or 30 years down the road. Even if you, as the business owner, think the plan may change, it is best to plan from the start and keep in mind that you may need to re-evaluate your plans every few years. For discussion purposes let us use 10 years as our t

How Attractive is Your Business to Potential Buyers?

How Attractive is Your Business to Potential Buyers?

UPDATED: Feb. 15, 2024 At Transworld Business Advisors, we specialize in turning the dream of selling your personally crafted business into a reality. Whether deeply committed to selling your business or still on the fence, understanding the key factors that make your business attractive to potential buyers is crucial. Contact Us Now Diving Into Profitability and Beyond While profitability is

RE: Business Owners - Don't Stop Doing What You Do Best

RE: Business Owners - Don't Stop Doing What You Do Best

You have worked tirelessly to grow your business. You have helped your business grow from a one person, owner/operator operation to a nice sized, 10-employee company. Now you have reached a point where you feel it is time to move on. It is the prime time to sell your business; it is successful and enjoys a solid customer following. So you decide to meet with a local business broker and begin the

The Five Cs: The Real Benefits of Using a Business Broker

The Five Cs: The Real Benefits of Using a Business Broker

Selling a business can be a time-consuming and often frustrating process. Many business owners have thought about or have even tried selling their business but to no avail. They recognizetheir need for help but are unsure of where to seek said help to support the process of selling their business. There are innumerable tales of the business owner who sold their business for far less than they shou

Preparing for Exit: Write Your Own Story And Ending

Preparing for Exit: Write Your Own Story And Ending

Launching a business is like writing a story, with the owner as the author and the opportunity to define and shape how their business develops and grows a "choose your own adventure." This story includes how the owner will eventually transition from the business, essentially writing their own ending. Ideally, the business owner has substantial control over how and when their business fulfills its

5 Value Factors for Your Financial Services Firm

5 Value Factors for Your Financial Services Firm

When it comes to selling a business within the financial services sector, the evaluation and process of selling that business are treated differently than other industries. Depending on your firm's specialization, the value could be determined by gross revenue, EBITDA, accounts under management and/or many other factors. Here we have compiled five important, factors that will concern savvy buyers

Unlocking the Gridiron of Wholesale Business: The Basics of Success

Unlocking the Gridiron of Wholesale Business: The Basics of Success

UPDATED: NOV. 2, 2023 Legendary coach Vince Lombardi once said, "It's all about the basics - blocking and tackling." If Coach Lombardi were with us today, he might be inclined to sing the praises of the wholesale business, where mastering the fundamentals can lead to long-term success. Wholesale businesses are like the unsung heroes of the business world, often operating behind the scenes. They

Size Matters

Size Matters

When it comes to selling a business, size does matter. The data shows that there is a direct correlation between the total sales of a small business and the price it can command when it is sold. The chart below shows the trend of the average transaction price for companies, expressed as a multiple of Seller Discretionary Income (SDE). The chart depicts that larger companies consistently outperform

How Long Does it Take to Sell a Business?

How Long Does it Take to Sell a Business?

There are many factors that play into the length of time a business stays on the market between its official listing date to the moment of its contract close. Timing, especially, plays a big role in this area. It is important to put in solid preparation efforts prior to listing a business for sale otherwise it may needlessly sit on the market for longer than anticipated. Making sure the business i

The Importance of Free Cash Flow

The Importance of Free Cash Flow

To discuss the importance of Free Cash Flow, within a business, I would first like to set the scene using the story of Joe Smith, CEO of Good Investments as an example. Joe Smith just received some financial statements from his Secretary showing 5 million dollars in revenue for the quarter. Upon the first review of these statements, he is feeling pretty good about the success of his company! Now

How to Select an Attorney to Represent the Sale of Your Business

How to Select an Attorney to Represent the Sale of Your Business

Choosing the right representation can make or break a business sale transaction. So you have decided to sell your business and have already signed with an accomplished broker, what should your next step be? Selecting an attorney to represent the sale of your business will give you the upper hand during the deal making process. Selling your business can be complicated, add to this the stress of p

7 Reasons to Choose Transworld for the Sale of Your Business

7 Reasons to Choose Transworld for the Sale of Your Business

Price Option: We analyze the market and perform a Price Option of what your business can likely sell for within the current market. We use reputable proprietary data sites to focus on a specific industry and current conditions to provide an optimal asking price. Market Reach: We market your business to over 300 different websites across the country. Our marketing efforts go far beyond

You Wouldn't Hire a Car Salesman to Sell Your Business

You Wouldn't Hire a Car Salesman to Sell Your Business

In rural markets, it might make sense for the person that would sell your home to also sell your business, because there simply is not another option. But living and working in Denver, if a person says that they can sell both your home and your business, I would run, not walk, to the mountains! There really should be no overlap between the services provided by a real estate agent or commercial bro

A Look at Due Diligence

A Look at Due Diligence

Due diligence is a very interesting step in the process of selling and buying a business that follows the acceptance of an offer. At Transworld, our offers are always non-binding during the due diligence period. This means that the buyer or seller can walk away from the deal at any time for any reason. Following the due diligence period comes the signing of the Asset Purchase Agreement (APA) which

Preparing for a Successful Transition

Preparing for a Successful Transition

When a business owner considers selling their business, it is likely due to one of the following reasons. Some may be tired and frustrated with the day-to-day operations of their business. Some have a desire for more free time to spend with family or manage their life obligations. Others are struggling with their finances and feel like they are in over their head. Some wish to move into reti

Seller Financing: The Key to Getting Smaller Deals Done

Seller Financing: The Key to Getting Smaller Deals Done

Question: How am I going to make your life easier? Answer: Seller Financing! This exchange was repeated many times during my first broker training class at the Transworld headquarters. Our instructor, a veteran business broker with over 30 years of experience, kept repeating these statements - drilling them into our head. But alas it worked, because I still remember it clearly years later.&nb

What Are Buyers Looking For in a Business?

What Are Buyers Looking For in a Business?

It is not outside the realm of possibility that a buyer approaches Transworld having access to cash and an interest in buying a business, but without a particular business in mind. This type of buyer is typically someone who has previously owned a business and were successful in developing the business and they want to replicate this process with a new venture. There are also buyers who are lookin

The Art, Relevance and Importance of Matching Suitable Buyers and Sellers

The Art, Relevance and Importance of Matching Suitable Buyers and Sellers

Interviewing buyers is an important step in helping to better understand the motivation, goals and objectives of the buyer and to help screen some business options for them to consider. This process includes the discussion of many of the following important issues: Delving into the buyer's previous industry and career background. Types of businesses and industries that interest the buyer curre

To Sell or Not to Sell: Is 2017 the Right Year For You?

To Sell or Not to Sell: Is 2017 the Right Year For You?

As we ring in 2017 now is as good a time as any to begin a personal and professional evaluation of your business. Here I will share a few questions you can ask yourself to begin the discussion. Are you ready to sell your business? Do you still enjoy working the day-to-day or has the routine become monotonous or worse - stressful? Are you ready to move on to a different industry, career path or ma

#1 Buying and Selling a Business in Colorado: Preparation

#1 Buying and Selling a Business in Colorado: Preparation

In the coming post, Transworld will be addressing the first step of the Transworld buying and selling process as part of a twelve part series breaking down our entire process piece by piece. In this series, each post will take on one step of the process and detail it clearly so our readers can best understand our service offerings. During this series, we invite you to refer back to some of our pre

Is 2017 the Year to Sell?

Is 2017 the Year to Sell?

All signs are pointing towards yes! As the reports containing 2016's numbers are becoming public it is obvious the business sales market is in a stable place and trending upward. Our first indicator up for discussion is the U.S. market's average sale-to-asking price ratio, which is at 92%. What this means is that the market has reached a place of balance, where the fair market value of a business

#2 Buying and Selling a Business in Colorado: Building Your Team

#2 Buying and Selling a Business in Colorado: Building Your Team

Welcome back for part two of our Buying and Selling a Business in Colorado series. Now that you are prepared to sell your business we can move on to building your team. This step of the process while not as involved as many of the other steps is one of, if not the most important step of the process. Continue reading to find out why! Assembling your team of advisors will poise you and your bu

Keep Calm and Carry On

Keep Calm and Carry On

It is time to sell your business. Your first move is hiring a broker. What's next? "Keep calm and carry on!" That is to say, you should stay the course - continue operating business as usual. This may seem counterintuitive, because you're selling your business, and that is a big step, but this is actually great advice. Currently, your business is doing well, your customers are happy and your brok

#3 Buying and Selling a Business in Colorado: Collection of Information

#3 Buying and Selling a Business in Colorado: Collection of Information

Now that you have built your advisory team we can move onto the collection of information. This may seem like a daunting task, but it is well worth the effort since all of the information will be put to use to work for you in selling your business. Once engaged, your business broker will begin to collect information in order to develop the pitch book, marketing plan, and market price opinion

How Much is My Business Worth?

How Much is My Business Worth?

Moving towards selling a business is a true undertaking, one that brings up a lot of questions. But the one big question is, "How much is my business worth?" This question can be difficult to answer, especially if you are unfamiliar with the business sale process. The truth is that there isn?t necessarily one way to place a value on your company. There are many factors that play into the final nu