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It's a New Year - Make Your Entrepreneurial Dreams Happen

Have you set a New Year's resolution for 2017 yet? Oftentimes, I see friends, family, and colleagues setting goals for ways to make their lives better in some way or to change a habit they've been meaning to let go of. While that's all great, I see resolutions a little differently. First, I ask myself this question: 

Where Do I Want to be This Time Next Year? 

It's a New Year - Let's Make Your Entrepreneurial Dreams HappenIt's open-ended enough where you can focus on nearly any area of your life. If you want to be doing exactly what it is you're doing and living exactly the way you're living, then keep doing what you're doing. If your mind wanders to dissatisfaction in your career or personal life, it might be time to start assessing your current situation and decide if that's good enough or not. 

While I consider myself a happy and fortunate entrepreneur, I can always identify areas where I want to grow and learn. Setting goals and creating action steps toward them helps me achieve greater things than I ever thought possible. If the place you'd like to be next year is a little more entrepreneurial, let's take some time to think about it. 

If You Want to Be a Business Owner ...

You've come to the right place. I wasn't born a business owner. I made numerous decisions (some good, some less so) and enlisted the help of others who were experts in areas where I wasn't. Being a business owner was a dream of mine, a dream that I made into reality. Now, I'm in the business of helping others become business owners.  

Many of the entrepreneurs of tomorrow are the working class of today. Most already have the passion, drive, and work ethic to run a business. More often than not, what they lack is experience in valuation, brokering, due diligence, and closing. And that is precisely where I come in. 

Transworld Business Advisors of Minnesota Can Help

At Transworld Business Advisors of Minnesota, we specialize in guiding individuals on their path to entrepreneurship. And your dream of buying a business could be a lot closer to becoming a reality than you think. If the place you'd like to be next year is different from where you are now, let's talk about goals. 

Your Goals Are Just The Beginning   Talk to a Business Advisor

Related Posts

The SBA Will Pay Your New Business Loan For Six Months

Why You Should Buy That Business Now There are renewed benefits to using an SBA 7A Business loan to purchase a business.  But you  may have to act quickly to take advantage of it, because they money is expected to run out before the September deadline.  The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (The Economic Aid Act) was signed in to law on December 27th, 2020.  Included in this legislation:

What Is Your Business Attractiveness Score?

What Makes A Business Attractive To A Buyer? Buyers purchase businesses for a return on their investment.  Seller's base the business value on past performance, while buyers place the value on the future potential profits and risk level to achieve them.  When the seller puts themselves in the buyer's shoes, it will be easier for them to understand what buyers are looking for and why, and be better prepared for a successful transaction.  Read on to find out what buyers are looking for and what steps you can take as a business owner now, to prepare yourself and your business for a sale in the future.  

Small Business Valuations: How To Increase The Value Of Your Business

To sell your small business, there are some very crucial steps to take before the listing. For one, it is very important to understand your business’s value in the marketplace.  Obtaining a valuation allows you to thoroughly understand a business’s financials and their value in the marketplace, and give you an understanding of the price at which you should list your business for sale. Before that decision is made, a BOV can give you an inside look at what is working and what might not be.

Your Goals Are Just the Beginning

Talk to one of our Advisors today about next steps.

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