Overview
Common Motivations for Buyers of Privately-Owned Businesses
First-time Buyer
If you’re a first-time buyer, buying an existing business means you’re buying an asset with a track record. The failure rate in small business is largely in the start-up phase. The existing small business for sale has demonstrated that there is a need for that product or service. Most sellers will stay and train a new owner, and some will also supply financing. Finding someone who will teach you the intricacies of running a business and who is also willing to finance part of the sale can make all the difference to your success.
Growth Through Acquisition
Many small businesses are growing faster through acquisition than through organic growth. Unlike slow and steady organic growth, growth through acquisition or merger is generally much faster and – if done right – can yield a number of almost instant benefits that can help make that rapid growth sustainable. Growth through acquisition is a quicker, cheaper, and far less risky proposition than the tried and true methods of expanded marketing and sales efforts. Further, acquisition offers a myriad of other advantages such as easier financing and instant economies of scale.
National Transaction Advisors provides buyer representation for our clients looking to buy—both as individuals and strategic buyers looking to grow through acquisition. We also understand both sides of the business transfer desk—and other key variables such as funding, valuation and business advisory services.
While there is no such thing as the “perfect” business, we know the importance of finding a business that fits your needs, talents, skills and in particular your lifestyle.
