Sunbelt Business Advisors Network

Information may not be reliable

If you are considering entering the world of franchising, an important consideration is assessing the value of the business. All of the following factors either affect or help determine valuations of typical franchise operations.

The following is some basic information for anyone considering purchasing a business. Is may also be of interest to anyone thinking of selling their business. The more information and knowledge both sides have about buying and selling a business, the easier the process will become.

Before answering the question, it makes sense to first ask why people want to be in business for themselves. What are their motives? There have been many surveys addressing this question. The words may be different, but the idea behind them and the order in which they are listed are almost always the same.

Most prospective business buyers really don't know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries know that many business buyers end up with what is sometimes a far cry from what first captured their imagination.

In many cases, the buyer and seller reach a tentative agreement on the sale of the business, only to have it fall apart. There are reasons this happens, and, once understood, many of the worst deal-smashers can be avoided.

To find the real value of a business, we must go to its very heart: the attitude, work habits, managerial style, customer/marketplace savvy, and community reputation of the person in charge.

Statistics reveal that out of about 15 would-be business buyers, only one will actually buy a business. It is important that potential sellers be knowledgeable on what buyers go through to actually become business owners. This is especially true for those who have started their own business or have forgotten what they went thorough prior to buying their business.

Buyers buy a business for many of the same reasons that sellers sell businesses. It is important that the buyer is as serious as the seller when it comes time to purchase a business. Here are just a few of the reasons that buyers buy businesses:

41% joined the family business;36% wanted more control over their future...

Once the decision to sell has been made, the business owner should be aware of the variety of possible business buyers. Just as small business itself has become more sophisticated, the people interested in buying them have also become more divergent and complex.

Austin Businesses For Sale

Sunbelt Business Sales provides business brokerage services, mergers and acquisition assistance and business valuations. We serve business owners in Austin, Central Texas, and the Houston area, and we help buyers from all over the world who are looking to acquire a business in Austin, Central Texas or Houston. Sunbelt Austin is part of the world's largest business brokerage network, with over 250 offices throughout the U.S. and 9 countries.
Sunbelt Business Sales is the leading businesses for sale professional service firm in Austin and Central Texas. Our advisors provide business buyers and sellers with professional services, educational resources, and the highest commitment to integrity in the complex processes involved in buying or selling a business. Our experienced staff includes all former business owners, includes members of the International Business Brokers Association (IBBA), M&A Source and the Association for Corporate Growth (ACG). Sunbelt is the place to go to buy or sell your business.