There are several key qualities one must have in order to be a successful business broker. Honesty, integrity, and the ability to work hard are chief among those necessary qualities.
Take advantage of the business broker training offered by Vested Business Brokers…If you have those qualities along with a sincere desire to change your life, then we will teach you what you need to do in order to be a successful business broker.
Vested Business Brokers owner and CEO, Nathan Goldstein, recently spoke before a group of entrepreneurs at the Small Business Administration (SBA). This lecture is offered in 4 parts in the videos below…
Topics discussed in Part 1:
The importance of loving what you do
The factors to look for when buying a business
Advantages to owning your own business
The step-by-step process of finding, negotiating, and buying a business
Topics discussed in Part 2:
The importance of sellers being honest and accurate with buyers
The due diligence process
The importance of keeping good books and records in business
The value of business scalability
The concept of multiples and how it effects the sales value of a business
What is owner’s discretionary cash flow?
Why absentee businesses sell at higher multiples?
Topics discussed in Part 3:
How to finance the purchase of a business through the SBA or through seller financing
Why you should hire a forensic accountant when buying a business
The art of making a deal
Who pays the broker’s fee
Topics discussed in Part 4:
Advice on how to proceed through the business buying process
A creative way to keep the seller “honest”
How to get brokers to compete for your business
The importance of being a prepared buyer
The “Letter of Intent” and the “No Shop” clause
Your most important adviser
How to spot a bad deal
If you need more information on buying a business and/or you want to know more about the businesses for sale in the Vested Business Brokers’ database please feel free to call us at (877) 735-5224.
Are you thinking about becoming a business broker? If so we want to let you know about the advantages of becoming a business broker with Vested.
We have created a system and a road map that you can follow, step-by-step, to become a seasoned business broker.
We offer “Vested University” where you can learn our step-by-step process from the comfort of your own home.
After you go through out training you will NOT be nervous to go out into the field and speak to business owners who want to sell their businesses. You’ll know exactly what to say and what to do when speaking with a business owner.
Prospecting and Lead Generation…
This has traditionally been a sticking point for anyone involved in the “brokering” business. You want to build your sales funnel because that’s how you earn your living…however, building a sales funnel takes time, talent, persistence, opportunity, networking, etc.
Here’s the good news…
We WILL teach you how to build your sales funnel, and we will also build it for you by giving you access to our “in-house” call center. This call center will act as you very own professional lead machine.
That’s right…we generate leads for you!
As you can see, Vested offers a lot to business brokers in the way of value. However, it’s not possible to list all of the details of what we offer right here, right now.
In order to get more specific details we invite you to contact our Human Resources department and speak with a real person – one-on-one.
You can reach us at: (877) 735-5224. We look forward to hearing from you.
Are you ready to sell your business? As a business owner, you have got to prepare your business for sale on the market if you want it to sell quickly and for the right price. In this video, owner and CEO of Vested Business Brokers discusses the importance of preparing a business for sale…
Vested Business Brokers helps people buy and sell profitable privately held businesses.
We are entrepreneurs and we know what the kind of effort it takes to grow a business and we know what you had to do in terms of time, effort and personal sacrifice to make your business the profitable income producer it is today.
But now you’re in a position in your life where you want to sell this business you’ve spent so much time and effort to build.
At Vested Business Brokers we have successfully closed more than 1000 transactions. Our goal is to bring buyers and sellers together and ultimately we look to achieve an outcome which all parties can feel good about.
We like to say that there are no stupid buyers and no stupid sellers. All parties want to get a great deal…and we help each party feel that way in the end.
Preparing Your Business For Sale…
It all begins here. As a seller, you have got to prepare your business for sale on the market. You simply will NOT get what your business is worth if you do not prepare for sale properly.
What does this mean?
Call us today to speak to one of our Vested Business Brokers who is specifically trained by us to help you through the complete process of selling your business.
You can reach Vested Business Brokers at: (877) 735-5224
Is it better to buy an existing business or start a new one from scratch? This is a question entrepreneurs ask all time. In this video, Vested Business Brokers owner and CEO, Nathan Goldsteiin offers his opinion…
Buying a Business Vs. Starting a New One
The truth is that most businesses fail due to the following reasons:
The owners/managers don’t have the requisite knowledge base
The wrong location is chosen
When you start a new business you have no idea if it will be a success or a failure. There are just too many unknown variables in play to know for sure if your new venture will be a success.
In contrast, when you buy an existing business, you have the opportunity to “take a look under the hood” BEFORE buying. You can see whether or not the business you’re considering is a profitable one
When you start a new business you can’t do that – you just don’t have that luxury.
For this reason alone we at Vested Business Brokers strongly suggest that the smartest move is to buy an existing, profitable business.
Take Your Time When Buying a Business…
We encourage our buyer clients to take their time and do their due diligence before buying. Have your attorney and accountant analyze what you’re thinking of buying.
Letter of Intent…
Once you have done your due diligence and the business you’re looking at passes muster you need to move quickly. Lock up the business by doing a Letter of Intent (LOI). A Letter of Intent is a non binding document that will lock in the price and the terms of sale for your purchase of the business.
We want you to know that you don’t have to go through the business buying process on your own. We are experts in buying and selling businesses. It’s what we do…and have done more than 1000 times since 2001.
We wish you all the best and if you need help give us a call at (877) 735-5224.