There is no denying the importance of social media in business today. Anyone looking for social media ideas for small businesses needs to take advantage of market research and industry trends to expand their reach. But what are the most effective ways to use social media to benefit the economic growth of your company? Let’s explore how to develop a business effectively with the assistance of
If it's your first time involved in buying or selling a business, there may be some terms with which you're not familiar. Some of them are very important and having an understanding of what they mean will be very helpful. So, with that in mind, we are sharing common terms used in business buying and selling. EBITDA EBITDA or earnings before interest, taxes, depreciation, and amortization, shows
Read More “Common Terms Used in Business Buying and Selling”
The value of a smooth transition cannot be overstated. The owner transition process is one of the most important value drivers when selling a business. For many buyers, how ownership and knowledge are transferred can significantly impact the perceived risk and value of the business. Effective transition management is crucial for business continuity and can significantly boost the multiple
Read More “Maximizing Business Value Through Excellence in Owner Transition”
The Structure of the Sale is Important When evaluating the potential sale of a business, the structure of the sale is a critical component that significantly influences the value. The flexibility and adaptability of a business owner can dramatically enhance the attractiveness of a deal and its ultimate success. Importance of Flexibility in Sale Structure One key aspect in driving value through
The Ultimate Guide to a Successful Business Sale Maximizing your business’s value before a sale is essential. But that doesn’t happen without a little effort. That is why strategic planning matters. It enables you to present your company to potential buyers in the best possible light. Meticulously organize your business sale in advance by: Reviewing your financial reco
Read More “The Ultimate Guide to a Successful Business Sale”
Financial Performance and Growth are Important to Buyers. While buyers consider many factors when purchasing a business, the majority (42%) say financial performance is the most important, followed by growth potential at 26%, and location third at 15%. In a recent article from BizBuySell, "Combination of financial performance and growth potential. For me it has to be able to pay itself off in ab
Read More “Financial Performance and Growth are Important to Buyers.”
In the dynamic landscape of business ownership, staying ahead of trends is crucial. As an entrepreneur looking to become a business owner, understanding the current market trends can significantly impact your success. If you are looking to improve your entrepreneurial skills in the coming months, there are some key trends you should be aware of that are shaping the buying of businesses. B
Thinking of selling your business? It’s a big decision, but it is a pivotal first step toward realizing the next step in your career, whether that means retirement or starting another venture. No doubt, you’ve spent considerable time weighing the pros and cons. Selling a business is a significant undertaking that requires careful planning, strategic thinking, a keen understanding of th
Different Ways to Finance a Business Acquisition Some entrepreneurs don't start their journey as business owners from scratch. In fact, many entrepreneurs begin their business ownership by acquiring existing businesses. However, how do they obtain the necessary funds for such a purchase? Apart from using cash, there are several methods accessible to finance the acquisition of a busi
As a business owner, you have dreamed about what your business would become, the legacy you might leave, the income it would provide, the good it would do and now you need to think through your Exit Plan. Transworld has been in the business of selling businesses for over 40 years. We look forward to getting to know you and learning about your specific business. Establishing a relationship
Have you ever wondered what goes into the sale of a Legacy Business? This 43 year old pool business was one we were quite proud to bring to market and sell. If you are considering selling your Legacy Business, reach out to our team today. We would love to meet you personally and see how we might best assist you. Selling a Legacy Business For 43 years, this
Muchos empresarios exitosos sueñan con seguir creciendo (ingresos personales adicionales) y expansión. ¿Cómo puede un empresario exitoso dedicar tiempo adicional, financiar, solucionar problemas, mantener su negocio principal provechoso y, al mismo tiempo, añadir dos, diez, o cien nuevas ubicaciones? La Historia De Su Empresa Cada empresa
Read More “6 Razones Por Las Que DeberÃas Franquiciar Su Negocio”
An interview with business owner Rally de Leon. Rally was the owner/operator of the Chick-fil-A at North Hills in Raleigh, NC. In this interview, Rally shares his insights on how to know when it’s time to exit your business and how to make that exit well. Rally: Sometimes we can overstay our welcome. I can think of, I'm sure we all can think of athletes that s
Read More “How did you know that it was time to exit your business?”
¿Cuáles son los pasos para comprar un negocio? Recuerde esto - cuando compres el negocio, es suyo. Siempre es mejor hacer el trabajo difícil cuando estás haciendo la debida diligencia en el principio en vez de arreglar los problemas cuando ya has comprado el negocio. Recuerde estos nueve pasos cuando vaya a comprar un negocio. El
A Trip To Bethlehem: A Lesson In Customer Service The review above is, of course, completely fictious. Unfortunately for Joseph and Mary there were no such things as Google reviews. Their only recourse they had was to tuff it up and make the best of a very difficult situation. The Bible, however, affords us an example of one of the worst customer service stories in history. That
I am ready to sell my Business but... what about the Tax implication? When it comes to selling a business, there are a few key things to understand about capital gains taxes. Capital gains are profits that are made from selling a capital asset such as a business. The gain or loss is calculated as the difference between the original cost and the sale price. Capital gains taxes ar
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%)
Chef Alan Lichtenstein of The Little Hen is a first-time restaurant owner — at age 68 by Michael Klein, Posted: May 14, 2021 - Original article here on The Inquirer At 68, an age when knees, shoulders, and fingers don’t bend quite as they used to amid the demands of a bustling kitchen, here comes chef Alan Lichtenstein, opening his first restaurant. var jscVer
Preparing For A Buyer/Seller Meeting by Steve Wright Ph.d So, you are thinking about buying a business? Did you know that over the next 15-20 years that an estimated 15 trillion dollars of business assets will be transferred through business sells? The primary driver of the business transfer tsunami is the aging and retiring of baby boomers. There are approximately 12 million baby boomers th
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”
Five Traits of Raleigh Business Owners Very few people meet with the number of small, medium and large business owners as we do. On average we meet with 3-5 business owners in the Raleigh business market each day and over time you can imagine how this number adds up. Raleigh business owners are a robust and venerable group. While each has their own unique story, the traits they share are rich an
Raleigh A Top Ranked Women-Owned Business Destination There are 11.6 million women-owned businesses, employing nearly 9 million people and generating more than $1.7 trillion in revenue in the United States. In the last 20 years, female-owned businesses in the US has more than doubled. Specifically, the number of female-owned businesses has risen from 21,996 in 2002 to more than 45,000 in 2017. D
Read More “Raleigh A Top Ranked Women-Owned Business Destination”
Buy A Business In Raleigh? Considering one of the businesses for sale in Raleigh? Businesses for sale in Raleigh are growing in consideration for the incredible number of people moving to The Triangle each year. The ability to work, but without the hassle of someone telling you what to do is becoming more enticing to many. The thing is, finding a well-paying job that allows you to naviga
