Transworld Business Advisors Blog

07/07/2017

What is a Franchise Business?

Are you a visionary entrepreneur who wants to be your own boss, but you're not willing to take on the risk of starting your own business from scratch? Franchising can be a great alternative if you want the support of a franchise company in the start-u
07/07/2017

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,
07/07/2017

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
07/07/2017

Why You Should Use a Business Broker to Sell Your Business

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 an
07/07/2017

How to Buy a Business in Colorado

The New Year brings many resolutions; one of the top every year, however, is a change of career. To some, that may mean changing a job, but to others, it may mean entering a new business or becoming an entrepreneur for the first time. As, small business b
07/07/2017

Transworld Hikes to Raise Funds & Awareness for Junior Achievement

This past Friday our Transworld Denver team and other fellow entrepreneurs climbed one of Colorado's famous 14ers (14,000-foot mountains for you non-locals!) to raise funds and awareness for Junior Achievement of Rocky Mountain. The Charity Ascent wil
07/07/2017

How Much Does a Franchise Cost?

There's an old saying, "You have to spend money to make money." In a franchise business, you can spend as little as $10,000, and still make money. Once you've decided that you want a franchised business the next step is to determine what i
07/07/2017

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, c
07/07/2017

The Who, What, When, Where and Why of Franchising

Franchising. You hear about it. You read about how successful the country's top franchised businesses are (Subway, Supercuts, Denny's) but is buying a franchise a good option for you? Let us take a second to break down the who, what, when, where a
07/07/2017

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

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 t
07/07/2017

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 aga
07/07/2017

Buying an Established Business: The Choices

Thinking about starting a new business can be overwhelming. Starting your own business involves developing an idea and turning that idea into a successful business plan and then actually building the business from the ground up. Not to mention forming a c
07/07/2017

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 cau
07/07/2017

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, in
07/07/2017

An Overview of Seller Financing in a Business Transaction

Almost 90% of business owners have never sold a business before. So if you are beginning your research on how to sell your business, and haven't got a clue where to start, you are not alone. One of the many terms thrown around in discussions of a busi