BUYING A BUSINESS? The right business broker can make all the difference in finding the perfect business for you, at the best possible price.
You’re considering owning your own business. Wise choice! You are on the way to becoming your own boss and creating your own financial independence – not to mention taking advantage of tax write-offs and business perks.
Maybe you’ve considered starting your own business from scratch. While starting a new business can offer the same rewards as buying an existing business, the risks are much, much higher. After all, 80% of all new businesses fail within the first three years. Would you bet on those odds? Why take that kind of risk with your money when you can buy an existing successful business and reap the benefits?
By buying an existing business, not only can you profit from an existing customer base, experienced employees and an established name and following, you can enjoy a proven and immediate cash flow and working capital that will keep your business running. But how do you find the right business? Mainstreet Business Brokers can help you find the perfect business for your needs and lifestyle.
Here’s what we can do for you:
Educate you in the process of buying a business
Buying a business requires a significant investment of time and energy. You don’t have to do it alone. We will educate you as we lead you step-by-step through the process of researching and buying a business, working with you every step of the way.
Determine the type of businesses that fits your needs, interests and lifestyle
We are experts in matching buyers with businesses. Buying a business is not just as simple as determining the amount of income you need. The business must fit your needs, interests and lifestyle. Our business brokers will sit down with you and analyze your resources, abilities, and interests to determine the businesses that will suit you best and present these businesses to you.
Find you the right business
We will find the right business for you. Using our worldwide database of businesses for sale, our network of brokers, various marketing avenues – and our local connections – we will find a business that fits your needs, interests and lifestyle.
Help you see the value and potential of the business
For tax purposes, tax returns of a privately-owned business are usually prepared to show as little income as possible. At Mainstreet Business Brokers, we are experienced in reconstructing financial statements to provide your accountant with a more realistic view of the business. As an additional benefit, our business brokers can draw upon their experiences with other businesses and act as consultants to point out what others in the industry have done to improve their profitability.
Negotiate and structure a successful purchase
There are many ways to structure a deal. It’s not just a discussion of price, interest rate and number of years to pay. There are many accounting and tax-related issues that have to be considered. Mainstreet Business Brokers has the expertise and experience to structure the deal so that it is right for you.
Hold your hand all the way through to closing
Buying a business can be an intimidating, frightening and complex process. Mainstreet Business Brokers will lead you step-by-step through the sales process – from offering tips on researching a business, to providing the necessary paperwork, to setting up due diligence, all the way through to helping structure, negotiate and close the deal. In addition, there are always issues that can arise during the selling process. Our business brokers are experts in quickly resolving problems created by attorneys, accountants, landlords and both buyers and sellers.
Assist you in obtaining financing
Not every buyer has all the funds and working capital necessary to buy a business. Some buyers require outside financing in order to raise a portion of this money. Mainstreet Business Brokers has access to the widest network of financial lenders available today. If financing is necessary, we will find a way to make it happen.