Business brokers are continuing to be successful and the industry is continuing to grow. More…
Business brokerage is a booming industry. At Transworld, we (and our franchisees) are experts in several key niches of the market. The long and short of it is that for business owners who are looking to sell or scale up their businesses, our Transworld brokers are invaluable to the process.
#1. Businesses in need of buyers
When a business owner decides to sell their business, the process is both delicate and complex. Businesses are bought and sold every day, but it’s rare to see a “For Sale” sign in the window of any business. One of the reasons business owners don’t like to advertise these sales is the risk of upsetting or worrying their employees, who may feel fearful or insecure if they were to learn of a change in ownership.
#2. Handling sensitive information
Another reason business owners need to be discreet is that selling requires them to divulge sensitive financial information they might want to keep private. In these cases, the broker acts as a medium between the business owner and prospective buyers. They help these these parties find each other, and then help to facilitate the sale. In this way, business owners are able to be discreet when their enterprise changes hands.
#3. Businesses looking to expand
Another valuable service offered by Transworld is our franchise consulting. For our Transworld owners who opt to become franchise consultants, helping independent businesses break into franchising is their specialty. The franchise industry is nearly a $4 billion business, and we can help small business owners expand by changing their business model to accommodate franchise locations. This service is another important way that business brokers help strengthen the businesses they work with.
As you can see, business brokerage is important and highly in-demand. Because we sell our services to businesses rather than individuals, Transworld franchisees have a reliable pool of customers in their territory. Businesses are always looking for ways to grow, and our brokers are equipped to find ways to help them do just that.
When you franchise with Transworld, we’ll teach you everything you need to know about the business brokerage industry. Reach out to us today for more information!