Are You Ready to Buy A Business?
Do you dream of owning your own business?
Would you like to grow your existing business?
Buying a business can be a complicated procedure, from finding the right business to working out all the details to ensure a smooth transfer of ownership.
While there is no such thing as the “perfect” business, a business broker knows the importance of finding one that fits your needs, talents, skills and lifestyle.
We can introduce you to many different types of businesses with the knowledge and experience to walk you through the entire acquisition process.
If you're a business owner struggling to find employees, grow your business, improve your brand presence and operations, acquiring a competitor or merging with an industry leader could help you realize your growth and transition goals in less time, and with less risk, than you might realize.
For Personal Buyers
Going into business for yourself is a big step, one that can be full of apprehension and fear. Almost 90 percent of buyers have never owned a business and most end up buying a business that was different than what they were looking for. These buyers had the opportunity to explore the marketplace and subsequently found a more fitting business than what they envisioned. Often, the seller helps finance a portion of the sale and stays on for a transition period.
Most buyers are seeking the following objectives when purchasing a business:
- Pride in the service or the product
- Lifestyle change
- Flexibility
- Income
- Control of own destiny
- Recognition
- Security
- Privacy
- Status
- Strong customer and employee base
As you begin your search, keep in mind that running your own business is more than a job; it is a lifestyle change and one you want to be in alignment with your personal values and goals.
For Corporate Buyers
If you currently own a business, you have a strategic advantage over personal and financial buyers due to economies of scale.
Are you frustrated trying to find the employees, customers and suppliers you need to manage, maintain or grow your business? Have you considered an acquisition or merger that would align your growth ambitions with a like-minded owner or one that wants to scale back and exit over time?
You may be thinking you don't have a large enough cash reserve to acquire another company. That's where we come in. We will work on your behalf to structure a merger that satisfies both the seller and the buyer with a cash investment and seller loan that works for both sides.
Most corporate buyers are seeking to obtain the following objectives when considering the purchase of a business:
- Increased market share and customer base
- Ability to diversify products or services
- Access to new technologies or intellectual property
- Increased economies of scale
- Ability to enter new markets or geographic regions
- Reduction of competition
- Synergy and cost savings from combining operations
- Increased bargaining power with suppliers and customers
- Ability to acquire skilled personnel
- Potential for increased profitability and shareholder value
We'd love to hear from you if you're considering whether buying a business is right for you.