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A Business Advisor vs. a Realtor - What Advantages We Can Provide

Business advisors and realtors are both professionals in their given sectors of industry, often overlapping duties during the acquisition of a business. But after the acquisition or sale of a business and its property, the commonalities cease to exist. Here are the key differences between a business advisor and a realtor, and why these differences should matter to you.

What is a Business Advisor?

A business advisor is an expert consultant, who specializes in providing information to business owners that assists them in effectively running their organizations. These professional business consultants work to identify problems, dissect issues, and resolve areas of concern in business dealings, to effectively help a business expand and grow.

What is a Realtor?

Here are the key differences between a business advisor and a realtor, and why these differences should matter to you.A realtor is a professional individual who performs as an agent of the sale or purchase of buildings or land, better known as real estate. Realtors include agents across a multitude of different real estate occupations, such as property managers, residential and commercial real estate brokers, and sales professionals.

When to Choose a Business Advisor Over a Realtor

The key difference that separates a business advisor from a realtor is the specialization of their services. Business advisors, or consultants, providing information across a wide range of business decisions and actions. Realtors represent the sale and purchase of land or buildings.

For business owners, understanding this difference is vital in the running of your business. Before contacting a realtor on the purchase or sale of land or building space for your business, you should consult a business advisor for buying a business advice. These professional consultants have experience in the realm of acquiring or selling real estate and can assist you in making a sound decision on whether or not a specific piece of real estate is worth your investment, or if a piece of land which you are selling has the potential to set at a higher price point.

Only after communicating and discussing your options with a business advisor, should you interact with a realtor on the possibility moving forward with the sale or acquisition of real estate. When purchasing real estate, a realtor works diligently to find you a property that will best serve the specific needs of your business.

The Advantages Transworld Can Provide as Your Business Broker

The professional consultants at Transworld Business Advisors of Minnesota serve as an effective business broker by uniting sellers and buyers. Transworld recognizes the continuing changes and challenges that purchasing or selling a business creates. As expert business brokers and advisors, we provide entrepreneurs and business owners with insight into business possibilities and opportunities that otherwise may have been overlooked.

For more information, or for further buying a business advice, talk with a Transworld consultant today.

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Ten Steps To Selling Your Business

Our Sellers except us to achieve the highest and best offer for their business while taking the least amount of their time away from it as possible. That is because the absolute best use of their time is to continue to run and grow the company.  If revenue or profits begin to decline, buyers will walk away or decrease their offer. Transworld's philosophy can be summed up in a ten step, how-to strategy that culminates with the sale of a company. This proven method has been used to sell hundreds of businesses.  Here are the steps. Step1 Comprehensive Business Analysis and Feedback As your business broker, the first thing in our how-to strategy is to analyze your operation, finances, market potential and industry trends. We take that information and advise you on steps to prepare your business for sale, and  generate a business profile that represents your company in the most attractive way possible. Step2 Sale Structure We identify the best possible price range to sell your company. This is based on solid facts, the condition of the market, projected growth, sales potential and the sale of similar businesses within your industry. Transworld’s experts apply sophisticated, time-proven valuation techniques to ensure that your price is appropriate for the current market condition. The price must not be too high or too low. Yet, it must represent an attractive investment potential for the buyer. Step3 Confidentially Network The Business For Sale During the selling process, we utilize the latest technology to present your company to other business brokers and strategic buyers all over the world. This greatly multiplies the effort in your favor. With Transworld Business Advisors, you have literally thousands of industry professionals confidentially representing your company to buyers.   Step4 Confidentially Advertise To Buyers Our aggressive marketing program ensures your confidentiality and provides maximum exposure for your company. Your listing is placed in various industry databases, Internet sites, and publications which are constantly updated. We spend more money in advertising and marketing for buyers than anyone else in our industry. Step5 Control The Information Flow We organize all necessary documentation and release information only as needed. We use limited information when advertising to maintain confidentiality. Buyers are pre-qualified and required to execute a confidentiality agreement before receiving any sensitive business information. Step6 Create Competition For Your Company We attract thousands of buyers, creating competition for your business. Buyers are qualified for financial ability to meet the offer, and we engage you with only the most qualified buyers. Once you meet the best of the buyers, we urge them to prepare and present all offers. We can continue to engage potential buyers on your behalf as negotiation on an offer is in process and have another interested party ready to go should a buyer change their mind. Step7 We Negotiate For You To Achieve The Best Price Appropriate negotiation is crucial to achieving your best price and terms. We have the expertise to establish sound and resourceful negotiating techniques on your behalf. Transworld has trained all of its agents in the art of negotiating through curriculum that we have created specifically for our industry. Never negotiate without planning, expertise, or from a position of weakness. Step8 We Provide Exceptional Support To You Through The Due Diligence Process We take pride in our exceptional service. Only half of the job is finding the right buyer who will pay your price and meet your terms. The other half is getting that buyer to the closing table. We quarterback the deal, work with the accountants, lawyers, banks, landlords, and other third parties that could jeopardize the success of the transaction. We realize that you depend on us to guide you through the sale of your business. We make the transition simple and easy for you. We know when an opportunity for you may arise and are always there to take advantage of it. We also know when someone is trying to kill your deal or is being unreasonable and how to handle those situations. Step9 We Are There From Beginning To The Closing We help manage all administrative procedures, licenses, inventory counts and lease assignments that may be required. Transworld works closely with your advisors to ensure a smooth transition. Using the latest technology, we strive to be ready to work on your behalf to get the deal done! Step10 We Are There For The Transitional Phase And Beyond! Because we are in the business community, you may want to consult us from time to time after the sale. We will provide you with the assistance after closing. Transworld will always remain in your corner! Schedule Consultation Now

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