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
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 an essential metric, it'
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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 continuity. This is where
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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
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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,
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 industry leaders, offering inval
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
Read More “Can A Real Estate Agent Sell a Business: Real Estate Agents vs. Business Brokers”
When purchasing a business, financing options abound, from cash transactions to 401(k) rollovers. This comprehensive guide delves into the advantageous realm of Small Business Administration (SBA) loans, shedding light on the qualification and closing processes. Join us as we demystify the steps in securing an SBA loan and provide valuable insights into making your business owners
Read More “Unlocking Success: Your Comprehensive Guide to Financing a Business with an SBA Loan”
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
Are you apprehensive about paying the entire purchase price for a business upfront? Don't worry—contemporary financing options are available that provide flexibility and make business ownership more accessible. Let's explore these options briefly: Contact Us Now Seller Financing ("Seller Carry") This is a prevalent practice, with approximately 90% of small business transactio
Read More “Modern Business Purchase Financing Options: A Quick Guide”
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 value and broaden your poten
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
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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
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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 can provide you with inva
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.
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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 don't manufacture the p
Read More “Unlocking the Gridiron of Wholesale Business: The Basics of 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
As the golden hues of October give way to the cooler tones of impending winter, it's time to reflect upon the crescendo of this month's theme: "Planning For the 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 Understan
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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 barriers are minimal, and n
Read More “6 Common Mistakes Made by First-Time Business Owners (and How to Avoid Them)”
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. Circumstances like needi
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
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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
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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. Contact Us Now Understanding Small Business Valuation Methods Businesses can be valued usi
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
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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 business. Our Unwavering Com
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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 Busines
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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 essential to keep your busi
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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. Understanding Deal Breakers Typi
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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. Selling At its core, the
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
Read More “ Understanding Business Valuation: Deciphering Your Company's Worth”
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 journey is honored. T
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
Read More “The Fundamentals of Business Selling: A Guide for First-Time Sellers”
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. Professional Business Broker:
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
Read More “The Power of the Little Guy in the Business World”
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
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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 Business to avoid costly mis
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 an
Read More “Is Now the Perfect Moment to Sell Your Business?”
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
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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
Are you an entrepreneur wondering how to sell your business or looking for a qualified professional to sell your business on your behalf? Selling your business can be a significant decision, especially if a substantial amount of your wealth is tied up in it. To ensure a successful sale, it's crucial to select a quality team of industry-familiar professionals that can provide you w
Dallas, TX, United States (June 14, 2023) – Transworld Business Advisors of Dallas / Fort Worth Central is pleased to announce that Ryan Eastwood, business broker, assisted in selling a Long-Standing Retail Business. This deal was cash-and-carry structured, benefiting both the seller and the buyer. “Buyer was a strategic buyer who owns other businesses," Eastwood said. "I en
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
Read More “Unlocking Success: 3 Reasons to Work with a Transworld Business Advisor Broker”
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 broker in case you w
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
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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
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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 use them to drive sa
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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
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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
Read More “The Emotional Side of Selling a Business: Coping with the Loss and Moving On”
Dallas, Texas, United States (May 8, 2023) – Transworld Business Advisors of Dallas / Fort Worth Central is pleased to announce that Brian Martin, senior business broker, assisted in selling a Salon Suite Rental. The deal was an all-cash structure and only needed 30 days to close. “The buyers were two friends looking to purchase the business together," said Martin. "The seller
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 strategies on
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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
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Dallas, Texas., United States (April 19, 2023) – Transworld Business Advisors of Dallas / Fort Worth Central is pleased to announce that Dustin Audet, business broker, assisted in selling a High-End Custom Home Builder.Established in 2017, this unique boutique custom construction company is based in a popular mountain community focused on detailed high-end homes. “The buyer was a prev
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 bef
By Christopher Sparks | Transworld Business Advisors 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?
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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 finding the right attorn
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Understand the fees involved with selling your company using a Dallas / Fort Worth Central Business Broker. 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 broker comes in. A business broker will help you navigate the proces
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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
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 these foolproof tips for incr
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As a business owner, you have likely spent hours, days, months or even longer agonizing over whether to sell your business. While in a perfect world the hard part would be over, the reality is making the decision to sell is simply the first step in a complicated process. Fortunately, there are ways to simplify the experience. To start, it’s a good idea to ha
Whether you’ve spent a lifetime operating your business or have just recently taken the reins, when it comes time to sell, you want the experience to go well. And by going well, people typically mean without a lot of headaches, and, of course, with a tidy profit. Achieving those goals becomes much easier when you enlist the aid and support of an experienced business broker or advisor. Trans
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
Read More “I'm Ready to Sell, Where do I Start? Steps to Selling your Business”
You’ve made the decision to sell your business. Congrats! There’s no doubt that a lot of stress is wrapped up in deciding to sell, but there’s also a great deal of excitement. As a result, it can be very easy, especially for first-time sellers, to forget that selling a business is a multistep process, requiring careful planning to maximize your potential returns. We’ve got
Read More “3 Tips for First Time Business Sellers in DFW Central”
If you’ve ever bought a house, you know that the appraised value isn’t what the house typically sells for in the end. It isn’t even what the sellers will use as the listing price in most cases. Most houses sell for a price that is more (or less) than what the seller asked for it. The same holds true for a business being sold. Why aren’t the listing price and the selling pr
Read More “What's the Difference Between the Listing Price and the Selling Price?”
Homebuyers are familiar with the mantra—location, location, location. Well for a business owner looking to sell their business, there’s an equally important phrase to remember—timing, timing, timing. But if you are looking into selling your business, what does that mean for you? And exactly how long will the process take? This graph represents the average number of months to
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
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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 DFW Central is not very different than selling any type of busines
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
Thinking of Selling Your Health Care Business or Practice in DFW Central? 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 con
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Thinking of Selling Your Cleaning Service in DFW Central? 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 profession
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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
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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
Read More “How Quickly Can I (or Should I) Sell My Business in DFW Central?”
Business Trends to Look Out for in Dallas Fort Worth Central 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, a
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For many entrepreneurs, selling a business is about more than money—it’s about passing down a legacy. After years of hard work, it’s only natural to want to see your creation in the hands of someone who shares your passion. However, finding that perfect “someone” can be a challenge. Not everyone that can buy your business should buy your business. As veteran brokers,
Read More “How to Identify Trustworthy Buyers | Transworld - Dallas Downtown”
Six Ways to Improve Your Dallas 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 se
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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
Read More “Fees and Expenses to Expect When Selling a Business in Dallas Downtown”
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)
Read More “Pros and Cons of Selling Your Business without a Broker in Dallas Downtown”
Finding the right buyer for your business goes beyond getting the highest offer possible. As a seller in Dallas Downtown, 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
Read More “How to Find the Right Buyer When Selling Your Small Business”
If you decided to sell your business in Dallas Downtown, you now have two options: Do-It-Yourself or work with a business broker. In today’s climate, it takes a lot more than just sticking a for-sale sign in your window. The truth is, as a business owner, your time is better spent running your company; not dealing with prospects or negotiating deals. Hiring a broker may be your ideal optio
Read More “3 Questions You Should Ask Before Hiring a Business Sale Broker”
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
Read More “How to Sell your Business in Dallas Downtown in 2021”
You’ve heard the term working on the business versus working in the business, or, said another way, moving into a business owner role versus a business operator role. The business operator handles all the day-to-day operations, while the business owner works outside of the business by focusing on its growth and vision. To increase the multiple of your business sale from a qu
Selling a Business: Deal Killers You found a buyer for your business, they make a great offer, you accept, and everything should be smooth sailing after this, right? Many times, that is the case, but often sellers run into the dreaded “deal killer” before the sale can close. So, what is a Deal Killer? Due diligence is essentially a type of inspection
Curious about the current business maker? Read below to learn what happened in 2020 and what we can expect in the future. Key takeaways of the 2020 market data: The federal stimulus packages offering reduced loan fees and coverage of certain payments continue to increase the demand of businesses for sale, both by buyers and lenders. Many business owners waited out 2020 i
Almost every business owner ponders at some time: what is my business worth? And you may think the formula and the answer is fairly simple, but unfortunately, that Is not always the case, whether the valuation is in preparation to sell the business, raise capital, or just because you are curious. Depending on the purpose of the valuation, businesses are valued in different ways. These differ
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 millions, i
