Entries by ADMIN

Baby Boomers About to Spark the Turn in Businesses

Pending business sales are building as baby boomers, ages 49-67, enter the twilight of their careers. First gradually, and then in a flood, mind-boggling assets from the sales will surge to heirs, savings accounts, luxury cars, vacation homes, pet philanthropic pursuits and anything else the generation fancies–reconfiguring the economy. Business brokers and estate attorneys thought […]

Cutting Costs: 10 Ways to Minimize Business Costs

Cutting costs in the business really can happen, even though it’s very easy to become negative about cost-cutting. “Everything just costs more”, a business owner will say; the subtext being, “What’s the use?”. Don’t give up. There are ways to cut costs. The first step is to identify where the money goes…and why. Then look […]

Selling Your Business: Why Won’t it Sell?

Once you have made the decision to sell, what are your odds on actually selling your business? Well, research shows that your annual sales dictate how well or not well that your business will sell. If your annual sales are $750,000 or less, your odds on selling your business are only 18%. If your annual […]

Finance a New Business

The epidemic of corporate downsizing in the US has made owning a business a more attractive proposition than ever before. As increasing numbers of prospective buyers embark on the process of becoming independent business owners, many of them voice a common concern: how do I finance a new business? Prospective buyers are aware that the credit crunch prevents the traditional lending institution […]

Are You Ready to Sell Your Business?

Thinking to Sell Your Business? If you’ve come this far, then the option to sell your business has aroused enough curiosity in you that you are taking the first step. You don’t have to make a commitment at this point; this is just you searching to be informed about the necessities of successfully selling your business. This […]

Business Broker helps Seller Concerns

Selling a business is often a first time event filled with unidentified obstacles for many business owners.  Selling a company usually involves both economical and psychological factors.  Many owners invest lots of hard work branding, nurturing and growing their business.  Once they have decided to sell, business owners will face many concerns.  An experienced business […]

Raleigh Business Brokers – Sell a Business Yourself?

Raleigh Business Brokers – Sell a Business Yourself? Many business owners are hesitant to hire a professional business broker to sell their business because the owner does not want to pay a commission.  The problem with this thought process is that the owner will often unknowingly leave a substantial amount of money at the closing […]

What’s Selling

The below provides a summary of top selling businesses according to a recent survey.  This is in response to buyers asking us “What’s Selling”?  The national survey revealed the following percentage breakdown of business sales by business types. Retail businesses 17% Food & Drink related business 14% Auto related businesses 9% Distribution type businesses 11% Manufacturing […]

Pittsburgh Business Brokers – Best Time to Sell?

Pittsburgh Business Brokers – Best Time to Sell? Many experts say that the best time to sell is when the business is better than it’s ever been.  This may be good advice, but few follow it.  Why sell when business is good?  You just suffered through a few not-so-great years and now the experts are […]

Pre-Selling Considerations

Pre-Selling Considerations – Raleigh Business Brokers TMBB, your Raleigh business brokers, sometimes asks a business owner, “Do you think you will ever sell your business?”  The answers vary widely from:  “Only when I can get my price” to “Never” to a realistic “I don’t really know” with everything else in between.  “When will you sell […]

Will Your Business Sell?

Will Your Business Sell? – Pittsburgh Business Brokers At TM Business Brokers, your Pittsburgh Business Brokers, we are often asked:  what are the odds my business will actually sell?  Well, for businesses with annual sales of $750,000 or less, research indicates that the odds of your business selling are only 18 percent.  If annual sales […]

Work on Your Books

Raleigh Business Brokers – Work on Your Books Business owners often ask us what things they should be doing to get ready for the sale of a business.  While there are many items an owner can do with proper planning, one of the major items that we at TM Business Brokers suggest is to get […]

Reasons People Sell a Business

Pittsburgh Business Brokers – Reasons People Sell a Business Individuals have any number of reasons for starting a business, but new research has found that there three main reasons owners sell their businesses.  That research found that owners whose businesses were worth more than $5 million sold their businesses to avoid tax changes, to retire, […]

Sell Your Business or Buy a Business?

Sell Your Business – Pittsburgh | Raleigh Business Brokers Selling your business or buying a business?  Either way, both culminate with a closing which is the formal transfer of a business.   This represents the successful culmination of many months of hard work, extensive negotiations, lots of give and take, and ultimately a satisfactory meeting of […]

Looming Tax Hike Motivates Owners

TM Business Brokers Raleigh say a looming increase in the capital-gains tax rate next year is fueling sales of some privately-held businesses. Many business owners—mostly founders who could gain a lot from a sale—are looking to close deals before next year, when the maximum tax on investment income is scheduled to rise from 15% currently […]

You Want How Much for Your Business?

Pittsburgh Business Brokers – You Want How Much for Your Business? Buyers of small to medium-sized companies have many questions for the business owner.  One of the first questions relates to asking price.  When the owner responds, the above question is often the prospective buyer’s first response when given the price of a seller’s business. […]

Best Time to Sell Your Business?

TM Business Brokers Raleigh – Best Time to Sell Your Business? The best time to sell your business is when the business is better than it’s ever been.  This may be good advice, but few follow it.  Why sell when business is good?  You just suffered through a few not-so-great years and now the experts […]

Pittsburgh | Raleigh Business Brokers – Preserving the American Dream…

Pittsburgh | Raleigh Business Brokers – Preserving the American Dream… The tenets of this dream – owning a home, getting an education, having a job or owning a small business, and achieving financial self-sufficiency – are being crushed by regulations that are killing small businesses and the community-based financial institutions that support them.  The American […]

Pittsburgh | Raleigh Business Brokers – Small Businesses Fear Fiscal Cliff

Pittsburgh | Raleigh Business Brokers – Small Businesses Fear Fiscal Cliff A recent survey indicates many business owners do not believe the country will avoid the tax increases and deep spending cuts that are set to take effect at year-end unless Congress and President Barack Obama agree on a new deficit-reduction plan.  A survey of the 833 […]

Pittsburgh | Raleigh Business Brokers – Selling Your Business?

Pittsburgh | Raleigh Business Brokers – Selling Your Business? Millions of companies are sold or transferred annually.  To most business owners, the sale of a business is a first time experience and for most a once in a lifetime event.  Accordingly, sellers should have your Pittsburgh | Raleigh Business Brokers – TM Business Brokers on your side. […]

Steps Sellers Can Take to “Sell My Business”

Steps Sellers Can Take to “Sell My Business” – Pittsburgh | Raleigh Business Brokers A potential Seller inquired yesterday “what steps can I take to increase my chances of selling my business?”  We are often asked this question.  As our first reply, we always recommend using your professionals at Pittsburgh | Raleigh Business Brokers In addition to […]

Pittsburgh | Raleigh Business Brokers – Cashing Out?

Pittsburgh | Raleigh Business Brokers – Cashing Out? Business owners have more options than they realize when it comes time to sell or “cash out”.  The following article summarizes several.  Taking the wrong approach could have serious financial consequences for both the entrepreneur and the company.  So it pays to know the pros and cons […]

Financing Availability / Applying for SBA Loans

Financing Availability / Applying for SBA Loans A recent survey of 260 business brokers across the nation revealed the following: 68.8 percent said that financing availability has not improved since 2011.  That percentage is virtually unchanged from August 2011, when 67.8 percent of surveyed brokers said financing had not improved from 2010. Respondents were not […]

Pittsburgh | Raleigh Business Brokers – Americans Love Small Business

Pittsburgh | Raleigh Business Brokers – Americans Love Small Business The following statistics support why we have so many buyers looking to purchase small and medium-size businesses. Almost nine in 10 adults (88 percent) have a favorable view of small business, compared with the two-thirds (67 percent) who have a positive view of major companies, […]

Pittsburgh | Raleigh Business Brokers – “Why Waiting to Sell Your Business Might Backfire”

Pittsburgh | Raleigh Business Brokers – “Why Waiting to Sell Your Business Might Backfire” The following Wall Street Journal article is a good supplement to our prior post today regarding “The Economy Stole My Retirement”.  This second article summarizes some reasons why a business owner may not want to wait sell a business.  Your decision […]

Wireless Business for Sale – $630,000 Cash Flow

Wireless Business for Sale – $630,000 Cash Flow Presented by:  Pittsburgh | Raleigh Business Brokers – TM Business Brokers Location : Pennsylvania Seller Financing Available Asking Price:  $1,900,000  Gross Revenue:  $1,800,000 Business Description Multi-location and well-established niche wireless related operation.  Solid management in place in all locations.  The business is experiencing very positive growth trends with continued growth potential of […]

Health Insurance for Small Business

Pittsburgh | Raleigh Business Brokers – TM Business Brokers, via Tony McDaniel,  recently requested LinkedIn recommendations for health insurance for the raleigh small business owner. Following are the recommendations: 11 comments to TM Business Brokers post William Blackmon • Now this is a great questions. I am all ears as I wish to learn more about what services are […]

Featured Business for Sale – $2,200,000 Cash Flow

Featured Business for Sale – $2,200,000 Cash Flow Presented by:  Pittsburgh | Raleigh Business Brokers – TM Business Brokers Growing Lead Generation Company : Mid-Atlantic, North East (Relocatable) Seller Financing Available Asking Price:  $5,900,000  Gross Revenue:  $3,500,000 Business Description Growing Mid-Atlantic based Lead Generation Company for Sale.  Full-service one-stop shop for all lead generation services.  Dynamic business […]

Pittsburgh | Raleigh Business Brokers – Buyer Profiles

Pittsburgh | Raleigh Business Brokers – Buyer Profiles TM Business Brokers report a variety of business buyers are seeking small to medium sized companies.  Just as small business itself has become more sophisticated, the people interested in buying businesses have also become more divergent and complex.  The following are some of today’s most active categories of business […]

Raleigh Business Brokers – Buyers Want to Know?

Raleigh Business Brokers – Buyers Want to Know? Buyers often seek profitable companies that they like and can see themselves running on a daily basis.  During their search, buyers have many questions that they want answers to, some of which include the following: What is the required capital investment? What is the annual net increase […]

Building a Sellable Service Business – Pittsburgh | Raleigh Brokers

Building a Sellable Service Business – Pittsburgh | Raleigh Brokers To build a sellable service business – you need to set up your company so that it is no longer reliant on you according to Pittsburgh | Raleigh Brokers – TM Business Brokers. This can be easier said than done, especially when, like a PR consultant or […]

Pittsburgh | Raleigh Business Brokers – Why Sell?

Pittsburgh | Raleigh Business Brokers – Why Sell? Selling a business is an emotional process for many reasons.  The owner’s family may have owned the business for several generations.  The business owner may have started the company and spent a lot of years, sweat and tears building it into a successful, profitable business.  Accordingly, “seller’s remorse” is […]

Exclusive Webinar – Building a Sellable Business

Building a Sellable Business – TM Business Brokers – Raleigh | Pittsburgh Do you want to sell your business?  Thinking about selling your business at some point over the next couple of years?  Or, do you know someone that may be interested? We will be hosting an exclusive webinar about Building a Sellable Business for Business Owners […]

Protect your Business Value – Raleigh | Pittsburgh

Protect your Business Value – Raleigh | Pittsburgh Business Brokers Warren Buffett famously invests in businesses that have what he calls a protective “moat” around them – one that inoculates them from competition and allows them to control their pricing. Big companies lock out their competitors by out-slugging them in capital infrastructure investments, but smaller businesses […]

What’s Your Sellability Score – Pittsburgh Business Brokers

What’s Your Sellability Score – Raleigh | Pittsburgh Business Brokers Ever dream of selling your business for big money and retiring to the good life?   You may not be as far from turning that dream into a reality as you think.  Find out how your business would stack up if you really tried to sell […]

Pittsburgh Business Brokers – Ten Steps for Sellers

Pittsburgh Business Brokers – Ten Steps for Sellers   1. Place a reasonable price on your business.  Since an inflated figure either turns off or slows down potential buyers, rely on your Pittsburgh business brokers – TM Business Brokers to help you arrive at the best “win-win” price. 2. Carry on “business as usual.”  Don’t […]

Pittsburgh Business Brokers – Mistakes Sellers Make

Pittsburgh Business Brokers – Mistakes Sellers Make   • Business owners neglect to run their business during the sales process. – The owner of a business with sales under the $20 million range can get so involved in the selling process that they neglect the day-to-day operation of the business. • Business owners don’t understand the […]

Business Brokers in Raleigh Expansion

Business Brokers in Raleigh Expansion TM Business Brokers announces its’ latest new office facilities in Raleigh, NC.  The new location expands the company’s geographical service area, and is designed to accommodate our fast-growing business brokerage operations by helping business owners sell a business and buyers purchase a business not only in the Raleigh, Durham and […]

Pittsburgh Business Brokers – New Hire

Pittsburgh Business Brokers – New Hire TM Business Brokers, LLC announces the recent hiring of Jim Livingstone.  With Jim joining our team of Pittsburgh Business Brokers, he brings over 25 years of business experience working with small to mid-sized companies, both as an advisor and as an owner. He has extensive experience in accounting, tax, […]

Sell a Business – Tasks to Do

Sell a Business – Tasks to Do Before you sell a business or decide to go to market, owners should consider completing the following items: Remove any items not included in the sale of the business.  That family heirloom portrait behind the counter of Grandfather Smith, founder of the business, should be removed. Remove or […]

Pittsburgh Business for Sale – Buyers Look For?

Pittsburgh Business for Sale – Buyers Look For?   Your Pittsburgh business for sale is just what the buyer has been looking for.  The buyer has reviewed your financial statements and has made an offer contingent on several items.  You’ve reviewed the offer and it looks fine, so what’s next?  The contingencies in the deal […]

Pittsburgh Business Brokers – Why use Us?

Why use Pittsburgh Business Brokers – TM Business Brokers? When you make the decision to sell your business, you are taking a giant step that involves the emotions as well as the marketplace, each with its own set of complexities.  Those sellers who are tempted to undertake the sale of a business on their own […]

Sell My Business – Am I Serious?

Sell my business – am I serious? There are three good questions to consider before selling your business. First, “Do I really want to sell my business?”  If you’re really serious about selling your business and have a solid reason (or reasons) why you want to sell, it will most likely happen. Second, “Do I […]

Sale of a Business in Pittsburgh – Now a Good Time?

Timing is everything.  Are you considering the sale of a business in Pittsburgh?  We have  pent up demand of buyers seeking businesses for sale in Pittsburgh! Tips for a fast sale of a business in Pittsburgh Have up-to-date financial information available Prepare a current list of fixtures & equipment Maintain normal business hours Spiff up […]