Why is NOW the right time to buy a business?

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COVID-19 has created quite the global crisis. There is no country, industry, or person left on the planet that can honestly say they are unaffected by this virus. Whether directly through the loss of a loved one or the loss of a job or indirectly through changes in daily life; not to mention, the economy has seen better days. That said, this does not need to stop your aspirations of buying a busin

Businesses Thriving in Houston

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The world feels a little upside down but a different perspective would argue this is the most unified the world has ever been. We are all in this together – in Houston and beyond. Now, more than ever, we have an opportunity to support local businesses in our neighborhoods. Small business owners in Houston need you and many are thriving despite the COVID-19 crisis. Although many of us are sel

Determining Business Value: 7 Business Evaluations and Appraisals

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To sell your business, you must first find its value. What does this mean exactly? A business valuation is always the first step in a multi-step selling process, and yes, a business broker can assist - but what does it entail? Because no two businesses are identical, no one business valuation serves as one-size-fits-all. There are seven common business valuations to explore. Let’s take a loo

Small Business Owners are Wise to Plan Ahead

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As a small business owner – especially one very content in their current state, it is very possible that the idea of selling could not be further from your mind. However, planning for what may come in the future has never hindered anyone. In fact, it may help you in the long run. There are certain measures you can be taking right now that do not add any major work but can be highly beneficia

What are common desires Houston buyers look for in buying a business?

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With more and more businesses entering the market every day, it might be daunting to consider joining that number. However, now just might be the time for you to sell your Houston business. The question is, how do you set your business apart from the rest? To figure that out and do so intelligently, you need to consider what a buyer is looking for when buying a business. Once you understand these

How to Buy and Merge a Business?

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A business merger is often compared to a marriage. Much like that romantic union, a business merger involves consolidating two companies into one. Often confused with an acquisition, a business merger is different because this scenario involves the creation of a new entity – while an acquisition is one company bringing another into its fold. Of course, there are a number of important questio

Conquer Your New Year's Resolution: 5 Steps to Prepare Your Houston Business for Sale in 2020

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New Year’s resolutions are inspiring – they are a great way to start the new year on the right foot. Whether you are looking to get healthier or fitter, more educated or cultured, setting up personal goals is never a bad idea. That said, you can do the same for your business. As an entrepreneur or business owner, your 2020 goal might be to sell your business. If that is the case, consi

Is 2020 the Right Time to Sell your Business?

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Houston has been seeing increasing economic growth throughout 2019 with projections of continued growth into 2020. With this strong economy, small businesses have been thriving - making it a great time to sell your Houston business. Without a doubt, your specific industry is going to affect how well your business will sell but the strong market in Houston makes 2020 a strong year to consider listi

Business is Thriving in Houston as the Fourth-Largest City

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Houston is not only the fourth-largest city in the United States, but in recent years, it has also seen economic growth when not all the rest of the country has been so lucky. In fact, the city saw some of the nation’s sharpest declines in unemployment – creating nearly 80,000 jobs in recent years. Economists attribute some of this growth to the increase in demand for the production of

Why Sellers Sell Existing Businesses

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  There are a number of reasons why someone might decide to sell their business. No matter what, rarely is the decision an easy one. A business is a major investment – and not just financially. To build a business from the ground up, one must dedicate a lot of time and make significant sacrifices. However, the decision to sell does happen often, and a transition of power is very common

7 Ways to Maximize the Value of Your Business

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  One thing is determining the value of your business, it is another to maximize that value. When you want to sell your business at the highest fair price, it has to meet certain requirements. Preparing your business long before it is listed can absolutely make a difference when it comes to maximizing the value. When in doubt, work with a business advisor to adopt these business goals to max

Why You Should Buy or Sell a Small Business This Year

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Projections indicate that 2019 and 2020 are the years to buy or sell a small business. This is due to the fact that the number of businesses sold annually has been continuously increasing for the last five years. From looming retirement to the current political atmosphere, America is seeing substantial growth for small businesses - benefiting both buyers and sellers. Baby Boomers Americans bor

7 Easy & Inexpensive Tips to Grow Your Business

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Growing your business should not feel daunting in the slightest and we understand that you don’t have a lot of money to spend when you are trying to grow your business. It is possible to grow a business inexpensively. With the following 7 easy and inexpensive tips, you can grow your business hassle-free.  1. Get Reviews! Studies have shown that 56% of consumers select a business bec

5 Factors to Consider When Planning Your Exit Strategy

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Much like building a business has several moving parts and difficult moments, so does preparing your business for a sale. When you have decided to sell, it is crucial to begin immediately preparing a succession plan. A good plan requires careful persistence and a full-proof strategy. An experienced business broker will help you organize your thoughts and intentions; they will guide you through the

Advantages of Purchasing a Business vs. Starting Own Company

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A business is like a child - it takes passion and countless hours of dedication to nurture it into something successful. The fact is, a business is a manifestation of your passions and aspirations. That being said, with countless small businesses opening daily, it is difficult to guarantee that your business will stand the test of time. However, you do not need to put your entrepreneurial dreams o

Preparing to Sell: Oil Company

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The oil and gas industry is an incredibly lucrative source of employment and contributor to the national GDP. In fact, it is considered the biggest sector in the world in terms of dollar value because it generates billions globally. This is due, in large part, to the fact that it is a highly necessary energy resource with an estimated 30 billion barrels consumed around the world each year. Althou

Preparing to Sell: Home Construction Company

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The residential construction industry was worth 600 billion dollars in 2016 with projections of continued growth in coming years. Whether you own multiple rental properties, are a new homeowner or are moving into a larger house as your family grows and needs more space, chances are you have called a home improvement company for one service or another. Whether it is roofing, flooring, plumbing or p

5 Factors to Consider Before Buying a Business

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Once you have come to the decision to buy a business, you may be both excited and anxious about the next steps. Once you have chosen the industry and perhaps even the type of business, there are a number of items to review as you move forward in the process. Here are 5 factors to consider before buying a business: 1. Business Valuation Before anything else, it is important to determine if the li

Houston's Industry Spotlight: Day Cares

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Transworld Business Advisors of Houston is active in all industries, from services to manufacturing. Child care, including day cares and learning centers, is a business industry in which many have sought to purchase or sell. Child care is a hugely important part of American life and a key contributor to the economy. According to First Research, the US child care services industry includes