This stat should scare the heck out of you. Nationally less than 20% of the businesses that go to market actually sell? Business sales are an incredibly emotional and inefficient marketplace with many many variables that cause deal failure. Listen to this radio interview with our CEO Andy Cagnetta to get some insight into reasons […]
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Small Business Brokers in Slate Magazine
A client of mine told a writer about his experience #buying a business from Transworld. Here is the story: After 30 years of telecom and network systems work in corporate America, John Smee was ready for a change. He’d thought plenty of times before how nice it would be to find a little operation of […]
“More to the Game than Shooting….There is Fundamentals & Defense”
At risk of dating myself one of the greatest films I ever saw was Hoosiers. For those of you unaware of the story it recaptures the journey of a small Indiana High School Basketball Team and how a Coach took them from mediocrity to the state championship with a under sized and talent deficient group […]
MBA Buyer vs the Small Business Operator
This morning I was reviewing the week and some of the people and situations I dealt with. One gentleman in particular who was buying a business for his daughter (40 year old daughter) made a comment about the lack of sophistication of the sellers. I don’t think the comment was intended as an insult but […]
‘Tis the Season for a business broker
November and December are slow times in the business sales world. Deals that are not already in the box face little to no chance of being closed out before the end of the year. That being said, there are still many many things to be done for prospective sellers and those already on the market. […]