Bizbuysell Q2 2019 Days On Market by Deal Size

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While the median sale price for the businesses sold on BizBuySell in Q2 hit $270,000, 13% of those businesses closed for higher than $1 million. Owners of those businesses experienced a longer sales process (around 200 days) but were rewarded with a final sale price closer to asking. In fact, businesses over $1 million sold for roughly 98% of asking price, a much higher number than the 91% average

Q2 2019 Small Business Values

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According to BizbuySell.com, "In more good news for small business owners, businesses sold in the second quarter of 2019 closed for a record-high median sale price of $270,000. This represents a significant 13% jump from the same time last year and is a nice bump from the first quarter of the year, when the median sale price stood at $225,000. The rising sale price is a direct result of improving

Bizbuysell Q2 2019 Top Performing Markets by Sales

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At the local level, Baltimore led all markets in Q2 growth (minimum 25 transactions), more than doubling the number of sales reported compared to the same time last year. Other areas that experienced an increased number of transactions include Portland (up 71%), Seattle (up 35%), Austin (up 32%) and Dallas (up 31%). Tampa transactions decreased the most among qualifying markets, declining 34% yea

Bizbuysell Q2 2019 Industry Breakdown

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Bizbuysell reports that "Breaking the data down by industry, the service sector appears to be driving the national increase in sale prices. Service-oriented businesses had a 17% increase in revenue this quarter, allowing owners to sell their business for 22% more than the same time last year. Interestingly, retail businesses saw a similar 20% revenue increase, but it only translated to a 5% growt

Raleigh Business Valuations Are An Art, Not A Science

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Business valuation experts Andy and Jessica talk about the worth of a small business from the buyer's and seller's perspectives. Business valuation is an art and it can be approached through different methods, highlighting the assets, the earnings, or the market. As a buyer or a seller, you need to educate yourself about business worth, to understand how it operates under different varia

Raliegh Business Valuation Rules of Thumb

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Andrew and Jessica have talked on previous episodes about valuation; one of the methodologies is the market method which compares past sales, multiples of earnings and percentage of sales to the sales price. It is one of the most reliable approaches for valuation and what eventually comes out of these data points are rules of thumb. These rules of thumb are backed up by statistical analysis of dea

Increase the Value of Your Raleigh Business For Sale

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Andrew and Jessica, along with two amazing guests, Kerry Cole, Executive director of Becca Cosmetics, and Corey Saban, founder of Videobolt.com, are presenting inexpensive and even no-cost strategies to grow your following in social media and make your business grow and even increase its value. Social media is a great tool to connect with customers, keep the engagement with them and really promote

12 Fatal Mistakes While Selling Your Raleigh Business

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There are different experiences that sellers have when selling their business; Jessica and Andrew have seen 12 serious mistakes that can be made in this process and they address how to prevent them. Selling a business is not easy and having a great team, including a lawyer, an accountant, and a great intermediary are vital to assure a successful deal. There is a lot that great entrepreneurs don�

Selling A Raleigh Business With Real Estate?

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If you are looking to purchase a business where real estate plays a major component in the acquisition, this episode brings lots of valuable information. Andrew and Jessica bring John Wahl, a lending expert from Live Oak Bank, who talks about financing real estate as part of the business acquisition; also John Devries explains the cases of businesses that rely upon the real estate such as storage

Raleigh Veteran Owned Businesses Part 2

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The Deal Board podcast is hosted by Andrew Cagnetta, CEO of Transworld Business Advisors, and Jessica Fialkovich, President of Transworld Business Advisors Rocky Mountain. Transworld Business Advisors is the top business brokerage firm as well as an international franchisor through its partnership with United Franchise Group. Veterans' owned businesses are a huge contribution to the economy.

Raleigh Veteran Owned Businesses

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The Deal Board podcast is hosted by Andrew Cagnetta, CEO of Transworld Business Advisors, and Jessica Fialkovich, President of Transworld Business Advisors Rocky Mountain. Transworld Business Advisors is the top business brokerage firm as well as an international franchisor through its partnership with United Franchise Group. Veterans' owned businesses are a huge contribution to the economy.

Business Broker Fayetteville NC

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Business Broker In Fayetteville, NC Are you looking to sell your Fayetteville, NC business or are you looking to buy a business in the Fayetteville area? One of the first steps you will want to take is contacting a Fayetteville business broker. Fayetteville, NC, located in Cumberland County is the fifth-largest city in North Carolina and its metropolitan area is ranked as North Carolina&rsquo

Jeep Patent Firm Retains Transworld Business Advisors Of Raleigh As Business Brokers

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Raleigh, NC Business Brokers: Steve Wright has announced that Transworld Business Advisors, Business Brokers, has been retained by North Carolina Patent Firm to represent their  Jeep patent sale. Transworld Business Advisors of Raleigh has assisted with business valuation and appraisal, confidential business marketing, vetting of qualified buyers as well as representing the seller in sale

12 Steps To Selling Your Business

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The 12 Steps To Selling Your Business Selling a business is much different than selling one's house. There are 12 basic steps that are taken to successfully complete the divestiture of one's business. Step 1 To Selling Your Business Client Interview – Unfortunately, not every business is salable. New Competition, lost revenues and profits, bad books and a plethora of other re

Companies That Sell Businesses

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Companies That Sell Businesses When people perform a Google search for companies that sell businesses they are typically searching for business brokers. Many of these are looking for information about the process of buying and selling a business, business valuation or advice on selling a business. More often than not, those searching are relieved to find out that there are companies that se

Raleigh Business Valuation | Transworld Business Advisors Of Raleigh

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Raleigh Business Valuation   Q: I want to buy an existing hardware store. The owner said to make him an offer, but I'm not sure of the best way to determine the worth of the business. If you found the perfect business in the perfect location, would you have any idea of the business value?   A: There is a multitude of approaches to value a business. There's no "corre

Transworld Business Advisors Has Been Retained By A Raleigh, NC Accounting Firm

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Raleigh, NC Business Brokers: Transworld Business Advisors, Business Brokers, has been retained by a Raleigh, NC accounting firm to represent their business sale. Transworld Business Advisors of Raleigh has assisted with business valuation and appraisal, confidential business marketing, vetted qualified buyers as well as represented the seller in sale negotiations. Business Sale Facts: &midd

Business Valuation Raleigh NC

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Business Valuation Raleigh NC Transworld Business Advisors of Raleigh understands the business valuation process specifically as it relates to the Raleigh market. Last year alone, Transworld Business Advisors helped nearly 2,000 business owners exit their businesses and one of the first steps is an accurate business valuation. How Much Is My Raleigh Business Worth? A great question isn'

Transworld Business Advisors Sells Iconic Raleigh Tutoring Business

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Raleigh, NC Business Brokers: Transworld Business Brokers is excited to announce the successful sell of an iconic, Raleigh tutoring business. Transworld Business Advisors of Raleigh helped assist with business valuation and appraisal, confidential business marketing, vetted qualified buyers as well as represent the seller in sale negotiations. Business Sale Facts: ·     

Transworld Business Advisors of Raleigh Retained by Exemplary Raleigh Bakery

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Raleigh, NC Business Brokers Announcement: Steve Wright has announced that Transworld Business Advisors, Business Brokers, has been retained by one of Raleigh’s most recognizable and successful bakeries for the sale of their business. Transworld Business Advisors of Raleigh has assisted the business owners with business valuation and appraisal, confidential business marketing, vetted qua

Transworld Business Advisors of Raleigh Retained by Raleigh Business Condo Business

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Raleigh, NC Business Brokers: Steve Wright has announced that Transworld Business Advisors, Business Brokers, has been retained by NC business condo business to represent their business sale. Transworld Business Advisors of Raleigh has assisted with business valuation and appraisal, confidential business marketing, vetted qualified buyers as well as represent the seller in sale negotiations.

Selling Baby Boomer Businesses

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Selling Baby Boomer Businesses by Steve Wright Ph.d Baby Boomer business owners comprise over 50% of all businesses owned in the US. The first wave of Baby Boomers is now entering their 70’s (age), moving the sale of their businesses to a front-burner conversation.   Baby Boomers (1944-1964) are the wealthiest living generation representing 77.3 million or 25% of the U.S. populatio

505 Raleigh Business Buyers Since January 1, 2019

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505 business buyers have contacted our Transworld Business Advisor Raleigh office since January 1st of this year. This is a significant number, especially if you are a business owner located in Wake County. Vetting Raleigh Business Buyers When a business buyer contacts our Raleigh office concerning our current listings, they are required to fill out two forms: A Confidentiality Form and a Buy

Selling My Business: 3 Things I Wish I Knew

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Selling My Business: 3 Things I Wish I Knew by Steve Wright Ph.d Every day we meet with business owners thinking about selling their business. After years of sacrifice, personal investment, and long hours they have made the decision to exit their business. Selling a business is both an economic and an emotional decision. One owner that we are working with has owned his local business for fifty-

1 In 5 Business Owners Will Consider Selling Their Business This year

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There are many reasons that a business owner might wish to sell their business: Retirement Poor Health Burn Out Boredom Other Business Interest   Steps To Selling A Business Selling a business can be difficult and nuanced. Getting a correct valuation, confidential marketing, vetting buyers, negotiations, due diligence (attorneys, accountants and landlords) and

Finding A Business Broker

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Finding A Business Broker Experts estimate that over $10 trillion dollars of business transfers will take place by 2030 in the US. Business owners decide to sell their businesses for various reasons: health, retirement, burnout, boredom, family issues, and the list goes on. One of the first steps business owners take is finding and securing a trusted business broker to assist them with the confi

When Should I Sell My Business?

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Do you remember the amazing business books, Good To Great, Built To Last and In Search Of Excellence? These books used terms like “great, enduring and excellence” to describe their amazing featured businesses. Jim Collins, the author of Good to Great has a new book called, “How The Mighty Fall.” Maybe you have read it. Here are just a few of the featured, great books. 1.&

Should I Sell My Business?

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Should I Sell My Business? by Steve Wright Ph.D with Transworld Business Advisors Should I sell my business? A great question isn’t it? Should I sell my business is a great question that only a seasoned business owner can fully understand. Every business has a story, a beginning, middle and an ending. Honest business owners will tell you that these stories are full of tribulation, sweat e

Raleigh Restaurant Owners On Fayetteville Street Share Concerns

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Wahlburgers is closing their downtown Raleigh location after just seven months of operation. The franchise started in 2011 and the Raleigh location seemed to be a no-brainer for their gourmet burgers. The Wake County Sherriff's office placed a "Do Not Enter" sign on their front door this past Friday.  Nine months ago Mark Wahlberg shared his excitement about his burger joint coming to R

Best Time To Sell A Business

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Best Time To Sell A Business Selling a business can be one of life’s most challenging decisions. So much sweat equity has gone into building your business and there are often times, strong emotional attachment. Many times people (non-business owners) will compare a business sale to that of selling a home. They are nothing alike and those who seem to think they are alike are simply misinfor

Top Four Mistakes Raleigh Business Owners Make When Selling Their Business

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TOP FOUR MISTAKES BUSINESS OWNERS MAKE WHEN TRANSITIONING A BUSINESS The following article first appeared in the April 2016 edition of Wealth Planning Update, published by Wells Fargo Bank.  We think it is worth reprinting for our readers. At some point, nearly every business owner faces a business transition. As the business often represents the single largest asset on many owners&

Selling A Raleigh Business? Don't Make This Mistake

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Selling A Raleigh Business? Don't Make This Mistake   My wife and I learned first hand of the difficulties associated with selling a business when my mother in law prepared to sell her thriving florist. After forty years of loving her work, her customers and her community it was time to finally retire. Coming to this decision was no simple task but the truth is – it was time. My

Sell A Business In Raleigh

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Sell A Business In Raleigh   An estimated 4,500 individuals are looking to sell a business in Raleigh, NC each year. Researchers estimate that over 10 TRILLION DOLLARS in business assets will be transferred by 2025 as baby-boomers look to retire. The largest transition of business ownership in the history of the world is now upon us as boomers retire and younger generations abandon traditio