BlogThe GTA Business Broker
The GTA Business Broker Blog is for awareness among business sellers, investors and buyers about the value we provide and why they should work with us.
Ways to sell a business - Selling To Your Key Employees - ESOP Once a business owner decides to sell their business, the most difficult choice is how? The choices are many, a fire sale, liquidation, passing it on to heirs, or selling to the key employees of the...
Buying a pre-existing business has its benefits. There are chances that you could inherit a good location and hordes of repeat buyers. But it is important for you to realize if it is the right business for you. You need to consider if it is a business that you would be able to run for a long time or whether it would fizzle out when you eventually get bored?
Selling your business is a tough decision. It’s your hard work that went into creating it, making it work, and getting people to work for you. It becomes close to your heart, however, a time comes when a business can no longer remain yours, either it has to be passed on to the next generation or sold off. Because it’s not being profitable anymore, or there is too much competition, or the debts are too many and the incoming is not able to manage them, or the owner wants to get into a new line of business. This feels like a personal loss to any business owner. And not researching the best ways to sell a business or pass on adds to that loss.
People are always looking for opportunities to make their lives better. Franchising opportunities offer a chance at financial freedom and success. However, the path of finding the right franchise that fits your passion and profile can be a difficult one. It requires determination, focus, objectivity and giving attention to detail. Finding the right franchise – here are 3 tips that all franchise candidates should use before evaluating and selecting franchise opportunities.
Franchising offers the opportunity of hitting the ground running rather than building a business up from scratch. You do not have to worry about developing effective business plans or building a brand name. The franchisor is responsible for the grunt work. But do not see a franchise as a turn-key business where you open up your doors and do nothing else. One crucial thing that makes it all come together is choosing a franchise location any brand.
Franchising - All About Franchise Franchise according to the dictionary means “Granting authorization to someone to sell or distribute a company´s goods or services in a certain area or certain places”. Read All About Franchise to know more about franchising and...