The "R" Word
posted by:
Scott Hislop
Most people are afraid of paying too much for a business right before a recession, but there are several counter-points to this concept to consider. Poor recession predictability, lending climates, and a closer look at the alternative risks of continued employment during a recession may make a business purchase look much less risky.
Sep 24, 2019 12:32:51 PM
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Here Come the Gen Z’s
posted by:
Scott Hislop
Gen Z's, people between the ages of 7 and 22 in 2019, are a larger percentage of the population than Millenials, Genx's, and Baby Boomers. To sell your business to them someday, you need to go where they are, on-line, and truly listent to them.
Jul 2, 2019 6:53:53 AM
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Expect the expected
posted by:
Scott Hislop
If we focus all our attention on the really bad, we’ll probably not take any risk because of the 0.5% chance of the worst case scenario. Few, if any worst case scenarios show positive cash flow. If we are always worried about what could go wrong, chances are we won’t start a potentially profitable business. Expect the expected. Things are usually what they seem. That’s the way to bet if you’re playing the odds.
Apr 25, 2019 8:34:26 AM
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Transworld Business Advisors Reaches a Significant Milestone
posted by:
Scott Hislop
Transworld Business Advisors is marking its 40th anniversary with another huge milestone – welcoming its 200th franchisee, making it the largest franchise broker system in the world. As the world's leading Business Brokerage and Franchise Development Company, Transworld spans over more than 235 territories throughout 16 countries.
Apr 24, 2019 10:20:00 AM
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What is eos & is it right for my business?
posted by:
Scott Hislop
What is eos & is it right for my business? Minnesota is a hotbed for EOS (Entrepreneurial Operation System). Over 2000 Minnesota businesses have implemented EOS and that demand has caused a jump in the number of EOS certified implementer coaches in Minnesota to over 60. Businesses who have implemented it the right way (using an outside certified implementer) are very passionate about it and the results EOS has brought to their culture, vision, growth and bottom line.
Mar 11, 2019 5:13:02 PM
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Where is the real security in a steady paycheck?
posted by:
Scott Hislop
In light of critically analyzing job loss risks for older employees and the consequences of that job loss, purchasing an existing business looks much less risky.
Jan 15, 2019 9:38:45 AM
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Early Questions and Planning Increases Chances of Success
posted by:
Scott Hislop
Asking some of the hard personal questions and planning for life after the sale can increase the chances of a successful business sale. Don't leave unasked questions until the negotiations phase of the business sale. Planning always helps. Your Transworld Advisor can arm you with information for your personal planning and strategy post sale.
Nov 6, 2018 12:01:32 PM
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Why Don't Businesses Sell?
posted by:
Scott Hislop
Businesses that fail to close typically share several common causes. The most frequent causes are unrealistically priced and insufficient earnings to support the buyer's lifestyle after making payments for the business sale price. There are several other causes associated with inappropriate sale processes. Transworld's proven market valuation and sale processes will increase the chances of closing your business sale.
Sep 26, 2018 1:21:26 PM
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An Inside Look: Business Ownership and Vendor/Supplier Relationships
posted by:
Scott Hislop
Good relationships are key to a business’s success, and we know that best at Transworld Minnesota.
Oct 30, 2017 9:29:00 AM
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Balance Sheets, Cash Flow Statements, Income Statements, and Taxes: A Quick Overview
posted by:
Scott Hislop
Balance sheets, cash flow statements, income statements, and taxes: don't let information overload get to you when buying a business.
Oct 17, 2017 8:50:00 AM
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