Finding The Right Business!

There are different ways to find and purchase a small business. You might seek out business brokers that specialize in selling small businesses; you can search the Internet, look in the Newspaper Classified Advertising under business for sale, ask friends or even drive around searching for a business.

Here are some additional resources:
The Yellow Pages
The Public Library
Business Opportunities Advertisements
Trade Magazines
Trade Organizations
Suppliers
Bank Trust Departments.
Accountants
Commercial Real Estate Firms
The Secretary Of State
Attrneys
Place Your Own Advertisement

And finally, you don't have to limit your search to businesses that have been listed for sale. Should you find a business that you might be interested in owning, seek out the owner and let him/her know your interested purchasing the business.
You will find there are many small businesses out there for sale. There are also many great deals. Finding them is not the problem. I´ve found thousands in my 25 years as a Business Broker. The big problem is making sure they do what they say they do.

Using a Professional Business Broker to discover businesses for sale, reduces the buyer´s time and effort to do that work, and also reduces the loss of enthusiasm caused by failures and rejections. The Professional Business Broker also finds businesses that the buyer might never locate through his/her own efforts. Moreover, if the buyer is not sure of the type of business being sought the broker can make suggestions. Here, however, I must warn you: not all brokers are good judges of buyers´ qualifications. The problem, therefore, is you could waste time pursuing an unsuitable business.

In my next blog I be sharing my thought regarding "Finding The Right Broker".

About the Author:

Bob Macek is a business consultant specializing in small mid-size businesses. He has been a Professional Business Broker since 1982.
If you have questions regarding the purchase or sale of small, mid-size companies contact Bob at: bob@probizusa.com

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