Buying A Business
Why Should You Buy An Existing Business?
Owning a business can be your path to financial independence but starting a new business can be risky, costly, and stressful.
Buying an existing business allows you to carefully examine the business and learn how your skills, ideas, and expertise might be able to add value to what is already established.
Our team of professionals utilizes a proven, step-by-step process designed to facilitate your business purchase. We start by working with you to understand your vision and determine the outcomes you are seeking to achieve. Next, we guide you through choosing the type of business that reflects who you are, what you do best and offers the greatest opportunity for success. Buying the right business is critical to your desired success. Finally, we facilitate your purchase of the right business, while making sure you have guided with the appropriate legal, tax, financial expertise to help you create long-term sustainability and profitability.
Reduce Business Ownership Risk by 50% - 65%
Industry research indicates buying an established profitable business will reduce business ownership failure by over 50% when compared to starting a new business.
You have questions, we have over 40,000 hours of experience. Whether you’re buying a business for the first time or you’re an experienced business owner looking to expand your portfolio or buy out a competitor, Gateway Business Brokers’ singular focus is to add value in this process and increase the success of business ownership.
Our team of professionals utilizes a proven, step-by-step process designed to facilitate your business purchase. We start by working with you to understand your vision and determine the outcomes you are seeking to achieve. Next, we guide you through choosing the type of business that reflects who you are, what you do best and offers the greatest opportunity for success. Buying the right business is critical to your desired success. Finally, we facilitate your purchase of the right business, while making sure you have guided with the appropriate legal, tax, financial expertise to help you create long-term sustainability and profitability.
Advantages Of Buying An Existing Business:
Immediate Cash Flow From Ongoing Business Activities
Established Customer Base & Reputation
A Proven Business Model, Where Mistakes Have Already Been Made
Easier Financing
Training Provided By The Seller
Trained Employees
Established Products or Services
The Business Buying Process
At no cost to you, our team will help you find the right business and under the right terms and conditions. We work with both you and the seller to ensure a win-win transaction.
We provide confidential discussions that may provide you with information that could make your purchase a life fulfilling and financially rewarding experience, or save you from a potential mistake.
We have the resources, skills, experience, training, technology, systems, and proven processes to help you achieve your goals.
8 Steps To Buying a Business
- Identify the opportunity – with a thorough review of your needs to learn your likes/dislikes, skills, needs, interests, and financial ability we help identify and evaluate the right opportunity.
- Matching you with potential opportunities – once we understand the range of business types that suits your needs, we search our database an all active sources of businesses for sale to find any potential opportunities available. We also continue monitoring to make sure you are notified if any new opportunities come up.
- Manage Confidentiality – Sellers cannot risk letting staff, banks, suppliers, or competitors know they are selling. We know how to manage confidentiality, so you are not at risk of litigation.
- Understanding Value – Often the value of a business on paper is not the true value and benefit of owning that business. Our professional team can help you understand the full potential or risk of any opportunity.
- Managing the process – there are endless details in the process of buying a business. They all need to be addressed in a timely manner and in the right order. We manage the process to keep things on track and keep you fully informed along the way.
- Recommend other professionals – Your purchase will require the collaboration of a team of experts. That team may include lawyers, accountants, bankers, tax specialists, insurance specialists, business coaches, and financial planners. Our extensive network of professionals allows us to make informed recommendations when the need arises.
- Negotiating the deal – our goal is to always end up with a win-win deal for both buyer and seller. Knowing your needs and goals helps us to ensure a successful agreement.
- Financing – Often acquiring a business means there is a need for extra capital. Our financial experts stay on top of every option available to help you secure financing that best fits your needs.
How Gateway Can Help
11 Steps to a Successful
Business Purchase
Questions?
If you are thinking of buying a business, connect with one of our experts to make your search and buying experience as easy and rewarding as possible.
OUR PHILOSOPHY
Helping our clients achieve the greatest success possible requires completing a transaction beneficial to both buyer and seller. To achieve that success, we work exclusively with well-qualified individuals, delve into the unique needs of both parties and develop a strategic plan that will help generate excellent results.
COMMUNICATION PROMISE
Gateway Business Brokers places a priority on open, frequent and comprehensive communication with our clients. We promise to communicate and confirm expectations in a timely and courteous manner each and every time.
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