Your Business is Worth a Broker! As you can see from the US Census map above, North Carolina was one of the top states as a home destination for many people across the country over these last two years. Lower crime and greater safety creates an environment where businesses and communities thrive. Guidant Financial talked with business owners and found that in 2022 the majority (58.98%)
Before anything else, preparation is the key to success. - Alexander Graham Bell Being prepared is something of a virtue that most of us have been taught since we were children. Our childhood storybooks were full of fables that praised preparation and exposed the folly of procrastination. As we grew into adulthood, however, we learned all too hard that those childish ta
A Confidential Information Memorandum A Confidential Information Memorandum (CIM) is a marketing piece designed to help business owners when they are ready to sell their business. A Confidential Information Memorandum helps buyers understand the following aspects when they are considering the purchase of a business. General Business Overview Real Estate /
3 Reasons Why Some Businesses Never Sell According to the largest business sales network in the US, “Only 30% of listed businesses will actually get sold.” Practically speaking, this means that out of today’s 45,000 US-listed businesses, only 13,500 will actually end with business owners being paid and ownership being transferred to a new owner.* What makes the whopping
Business Valuations: Understanding The Art & Science In his best-selling book, Outliers, author Malcom Gladwell details hours of interviews and research on what it takes to master complex skills and processes. According to Gladwell’s research, it requires 10,000 hours of practice and application to acquire the skills that set one apart as a proficient. While it may not require exa
Read More “Business Valuations: Understanding The Art & Science”
Facts About Selling a Business Selling a business can be a very long and challenging process. Most business owners aren’t equipped to handle the demands and expectations of listing, negotiating, and closing a business sale. This is compounded even more when you consider the fact that the national average of businesses actually selling is around 30% according to a study cited
Selling Your Restaurant Business We recently sold the Great Harvest Bread Company in Cary, NC. The owners of this business (husband & wife team) both worked in the business and they had built an amazing business that was very profitable. Selling a restaurant can be one of the most difficult of all business sales and COVID hasn't made restaurant sales any easier. Fortunately, this business
Selling Your Accounting Practice We recently sold one of Raleigh's oldest (35 years) and largest accounting firms. The owner of this firm said that she had always wanted to own her own business and provide the best professional services to her clients and for 35 years she and her team did this exceptionally well! Finding the buyer for this business sale was pretty easy although the deal structur
Selling A Construction Business Our team recently sold a large and well-known Raleigh construction business. With over 10,000 completed jobs in the Raleigh market and one of the best reputations in the industry, this business attacked buyers from across the country. We actually went to market and closed on this business within four months. It was a fast sell for the following reasons: Great B
So you are considering selling your Raleigh business? Selling your Raleigh business is a huge decision and one that shouldn’t be taken lightly. Many consider selling or buying a house as the largest financial decision that people must make but actually selling your business in much larger. The key priority is selling one's business for the highest profit. Selling Your Raleigh Business? Bu
Best Time To Sell Your Raleigh Business? There is an old adage that most everyone in business has heard, “Buy low, sell high.” This reason this quote has been around for centuries is because it’s true. This adage is especially true if you are considering selling your Raleigh business. The Impact Of The U.S. Economy Most everyone remembers 2008 and the recession. Jobs w
Selling Your Senior Care Business We recently sold a senior care business in Wake County and we were elated to match a perfect buyer with the perfect seller. Both the buyer and the seller are incredible people and the sales process proved this out as they both navigated the nuances in ways that showed preference to others in many ways. This established and profitable senior care business was one
Are You Considering The Sell Of Your Business? We recently sold a service business in the Raleigh market. This info sheet may provide you with a few high-level details on this business. While the flyer doesn't tell the entire story, it provides a glimpse of a highly profitable business that sold in a very short time. This particular business is a franchise so all the usual franchise ap
Are You Considering Selling Your Pool Business? We recently sold a 45-year-old North Carolina pool business. This pool business is part of the exclusive pool guild of international pool builders which basically means that it is considered one of the top 100 pool builders in the world. COVID really provided some exceptional challenges to the sale of this pool business for several reason
Tax Aspects of Selling Your Business The following article written by Heather Huston of BizFilings Is one of the most well-written and robust articles that I have read. Heather's expert analysis and carefully constructed article gathers' timely information for those selling a business as well as other professionals in this field. Great work Heather!!!When you sell your business
7 Tax Strategies to Consider When Selling a Business Barbara Weltman is an attorney, author and professional advocate of small businesses. Recently the SBA ask Barbara to help craft the following article to assist business owners. The article that you are about to read is wonderfully crafted and the content is superb. The SBA provides amazing helps like this article and much more to business
Before Selling a Business, Consider The Tax Implications If you are not following Quarterly and reading their article you should. The following article is just a sample of the incredible content that they are providing to their readers. With most tax rates at historic lows, owners of middle-market companies thinking of selling their business could save significant tax liabilities. However, 2
Read More “Before Selling a Business, Consider The Tax Implications”
How are Capital Gains Handled in the Sale of a Business? ••• Table of Contents What are Capital Gains - and Losses? How Capital Gains Tax Works Selling Business Assets in Business Sale Selling a Corporation or Partnership What to Do Before You Sell Your Business JEAN MURRAY wrote an
Selling a Business: Tax Implications Inc. recently published an article that I want to share with you concerning the tax implications of selling a business. Tax season is in full swing and it's time to take another look at the tax implications of selling a small business. As a seller, you are required to pay tax on the gains earned from the sale of your company. But if you ha
Time To Sell Your Business? Arguably, there is never a wrong time to sell your business. There will always be interested buyers – the only caveat is the selling price, depending on the market and the health of your business. However, you may be in a position where you would like to sell sooner rather than later. Here are six signs that it’s time to sell your business. Are you
Reasons for Selling a Business? Transworld Business Advisors is the market leader and the largest business brokerage in the world. We specialize in selling businesses of all kinds and with over 40 years of experience, and as a certified exit planning advisor, we have the knowledge and expertise to help you sell yours! Reasons for Selling a Business Retirement The most common reason for selling
Steps To Selling A Business When I tell people what I do, most have never heard of a business broker. And I'll explain the profession as a 'realtor for businesses.' Which usually gets me a slight nod of understanding. But it's still not enough. Small business sales represent a large part of our local economies. Thousands of businesses are sold across the United States each year for to
Almost every business owner ponders at some time: what is my business worth? Maybe it is in preparation to sell the business, raise capital, or just because you are curious. And you may think the formula and the answer are fairly simple, but unfortunately, that Is not always the case. Depending on the purpose of the valuation, businesses are valued in different ways. These different me
Selling Your Commercial Real Estate And Business We recently sold a large commercial real estate property and business. Due to unforeseen life events, the seller needed to sell this business and real estate within a pretty tight time frame. After touring the real estate and assessing the hurdles that might prevent a quick sale, we went to work marketing and locating the perfect buyer for this bus
Read More “Selling Your Commercial Real Estate And Business”
When Should You Think About Selling Your Small Business? There are many reasons why small companies are put up for sale. Some of the more common reasons can actually have little to do with the company’s general performance. For example, many small business owners discover that they need to sell for health reasons or personal concerns, such as divorce or partnership issue
I grew up on Lake Lanier in Gainesville, Ga. We were always on the water skiing, fishing or just riding around with friends. It seemed like we’d always have boating troubles to which my dad would proclaim, “The two best days of having a boat is when you buy it and when you sell it.” Owning a business can be thought of the same way, “I am happy when I started
Selling your Business Post COVID-19? This incredible and unique situation may have you wondering if you should wait another year or 2 to sell your business, not necessarily. If you are concerned with what 2020 has done to your P&L and Balance Sheet, your concerns are valid. However, what happens after will determine if your bu
How To Sell Your Raleigh Business Selling a business is nuanced and difficult. This is why the majority of business owners use the professional services of a firm like mine. My husband 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
THE LIFE CYCLE OF YOUR BUSINESS What is the Sigmoid Curve and why should you care? If you are a business owner, you are the only person in your organization that has a thumb on the pulse of your business's life cycle. The Sigmoid Curve is a model for consistent business growth.
THE LIFE CYCLE OF YOUR BUSINESS What is the Sigmoid Curve and why should you care? If you are a business owner, you are the only person in your organization that has a thumb on the pulse of your business's life cycle. The Sigmoid Curve is a model for consistent business growth.
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
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
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
Read More “Bizbuysell Q2 2019 Top Performing Markets by Sales”
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
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 variables, keep
Read More “Raleigh Business Valuations Are An Art, Not A Science”
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
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
Read More “Increase the Value of Your Raleigh Business For Sale”
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't
Read More “12 Fatal Mistakes While Selling Your Raleigh Business”
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
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. Vete
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. Vete
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
Our Raleigh business brokers work to sell your business for the highest price. Let us show you how it works! Contact one of our Raleigh business brokers for a business valuation. swright@tworld.com
Read More “How Do You Sell Your Business For The Best Price?”
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
Read More “Jeep Patent Firm Retains Transworld Business Advisors Of Raleigh As Business Brokers”
Selling My Raleigh Business View our current business listings.
Valuations For Raleigh Businesses View our current business listings.
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 reasons keep
Position Your Business To Sell If you are wanting a complete business valuation from one of our Raleigh business brokers contact us today. swright@tworld.com
Read More “Raleigh Business Valuation | Transworld Business Advisors”
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
The first step to creating a business exit strategy is knowing your business valuation. Contact one of our Raleigh business brokers today for a free business valuation. swright@tworld.com
Read More “Raleigh Business Exit Strategy | Transworld Business Advisors”
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 "correct approac
Read More “Raleigh Business Valuation | Transworld Business Advisors Of Raleigh”
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
Read More “Transworld Business Advisors Has Been Retained By A Raleigh, NC Accounting Firm”
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't it?
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: ·
Read More “Transworld Business Advisors Sells Iconic Raleigh Tutoring Business”
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
Read More “Transworld Business Advisors of Raleigh Retained by Exemplary Raleigh Bakery”
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.
Read More “Transworld Business Advisors of Raleigh Retained by Raleigh Business Condo Business”
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 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
Read More “505 Raleigh Business Buyers Since January 1, 2019”
Business Owner’s Exit Strategy That Makes "Cents" by Steve Wright Ph.d Let’s start by stating the obvious: · Every business owner will at some point exit their business. · Every business owner wants to see their business prosper after their departure. · Every business own
Read More “Business Owners: Exit Strategies That Make Cents”
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-
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
Read More “1 In 5 Business Owners Will Consider Selling Their Business This year”
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
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? 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
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 Raleig
Read More “Raleigh Restaurant Owners On Fayetteville Street Share Concerns”
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 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&
Read More “Top Four Mistakes Raleigh Business Owners Make When Selling Their Business”
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 wife
Read More “Selling A Raleigh Business? Don't Make This Mistake”
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
