Why You Should Use A Broker When Buying A Business

Why You Should Use A Broker When Buying A Business

You’ve decided that you want to be an entrepreneur and you’re looking for small business for sale. Maybe you love the idea of being your own boss and growing a successful business, but don’t want to start from scratch with a brand-new business idea. Buying an existing business is a great way to avoid all of the initial investment, elbow grease, and testing the market that comes with a start-up. If you buy a business that’s been around for a while, there’s no need to reinvent the wheel. There’ll already be at least some structure in place, not to mention a track record of financial owner benefit, that you will be able to count on, as long as you keep running the business in the same manner or better than the previous owner.


Why Work With Transworld Business Advisors North Dallas Fort Worth?

If this is the entrepreneurial path for you, you’ll need someone to help you purchase a small business that's for sale. Working with Transworld Business Advisors North Dallas Fort Worth is your very best bet for not only finding a great business to buy, but for helping you get the best deal possible, and actually get to the closing table. 


Using A Broker Costs A Buyer Nothing

The most important thing for a buyer to be aware of is that you pay ZERO commission when purchasing a business with our help. In Texas, the seller pays all of the commission. If we are working with you as the buyer, then the listing broker shares the commission with us, and that’s how we get paid. You pay us nothing for all of our services, but keep in mind that we do all of our work for free, until you purchase a business. 


A Business Broker Can Assist In Doing Business Valuations

You shouldn’t attempt to buy a business without checking if the set market price reflects its real value. It’s normal for the market price to be lower than the real value. However, the market price should never exceed the business’ real value. It’s not a good idea to consider paying more than the average value of the business. This is where our business advisors come in. They are experienced in evaluating a business to show both its potential present and future earnings. Hiring Transworld Business Advisors of North Dallas Fort Worth when buying a business will thus give you peace of mind since you will know that they get the best deal.


Access To All Business For Sale

We have access to thousands of listing sites for businesses for sale listed in Texas.  We can help you purchase any business, listed with any broker here in the North Dallas Fort Worth area and beyond.


Let Us Negotiate and Be A Buffer

Having us by your side is important because we will help you negotiate the best deal possible for the business you are interested in. Once you find a small business available for sale that’s the perfect fit for you, you’ll enter a complicated negotiation process. We can tell you what you need to consider and what you should be asking for in the negotiation. Furthermore, much of the process to close and the familiarization after the closing will require the buyer and seller to have a good working relationship and to collaborate closely together, so having our business advisors by your side as a buffer between the parties during negotiations is essential. 


Your Best Interests

Some buyers tell us that they want to work directly with the listing broker because they know more about the business that’s for sale. While that might be true, at the end of the day, we are simply intermediaries, and all of the answers to questions you have about the business should be coming directly from the seller, and not from the listing broker. Our best piece of advice is to work with an advisor who understands and values your goals and interests and that's us.  We will be there every step of the way keeping YOUR interests protected.


Other Broker Benefits

Working with Transworld Business Advisors of North Dallas and Fort Worth also has other great benefits, including, but not limited to preparing all of the legal contracts for the purchase of the business and real estate (if it’s included with the sale), helping coordinate the due diligence process, referring you to great SBA lenders, licensing and permitting specialists, and closing attorneys who have a proven track record of great customer service, efficiency, and knowledge of business acquisition transactions. 


If you are looking to become your own boss and buy a business, we would love to help you achieve your dreams and goals. Contact us today, to be put in touch with one of our business advisors to help you get started.