Buy a Business, or Start a Business…. That is the question.
There are some businesses that come up for sale, and the question is, is that buyer better off just starting from scratch? This is the question most sellers come asking the brokers at Impact Business Brokers of Oklahoma. It’s the number one question on everyone’s mind when they come to us or begging google searching “Businesses For Sale Tulsa”. You are probably thinking at this point, “Does anyone want to buy my business? Is my business even worth selling?” This s a common question, more than you even know!
Is my business worth selling?
Let me give you an example. Take a donut shop down the street. What if said donut shop was open for 6 months before the owners went bankrupt unable to pay the debt accrued from heavy expense cost from start up. There is some value in the fact that the kitchen equipment is already set up. But typically within 6 months, a breakfast spot hasn’t had a chance to catch on too much, and actually build a loyal customer base.
In this case, why wouldn’t the buyer just go save $20,000.00 – find a donut recipe that is pretty good – and open up shop down the road. These are things you need to seek consultation from an objective Oklahoma Business Broker here at Impact Business Brokers of Oklahoma!
With all of our business valuations (that we provide for free by the way) we determine what type of businesses for sale Tulsa you have. At the end of the day, your business is worth profit times 2.5 plus assets. Sometimes there may be a little goodwill in your company. This can be in terms of things such as:
Brand is a funny thing. Brand is the perceived value your buyer has for you and the product or service you offer. Does the website look good? Are photos decent. Do we look outdated or do we like what we have become? Sometimes, a brand has a good…..
Reputation. If a brand has a good reputation, there is sometimes value in that. A good example of a solid reputation is a company with exceptional reviews. This can be reviews on Yelp!, Google, Facebook, video reviews and so much more!
Sometimes there is opportunity in businesses. For example, say the city just got a multi-million dollar grantto pour into economic expansion. Guess what, if you are a business owner offering a quality product or service, your business will thrive in opportunities like this. Sometimes there is value in opportunity your business could have!
There are all things that are sometimes difficult to monetize. Ultimately, the value is in the mind of the buyer. You can’t every definitely say exactly what your business is worth. It ultimately comes down to – what is someone willing to pay?
Sometimes as a Buyer – Maybe You Shouldn’t Start From Scratch!
Sometimes the question becomes, should I just start from scratch. At Impact Business Brokers, we encourage you not to reinvent the wheel when you can. There is value in selling a business, even if the sale is small in monetary gains, it is still great to go through a brokerage firm as both a buyer, and a seller. You get options while searching for businesses for sale Tulsa!
Contact a Oklahoma Business Broker – What Does This Help When You’re Looking to Buy a Business!
- Make More Money
- Save More!
- More Options
- Consultative Wealth Services
- The More the Merrier!
Simply learn more by going to https://businessbrokersoklahoma.com/ or dialing 918.216.0520 and speak to a member of our prestigious team of business brokers.
Businesses For Sale Tulsa | Different Business Buying Options
Why Does Buying a Business Make Sense?
Buying a business makes sense for a multitude of reasons. At Impact Business Brokers, we go above and beyond to make sure we give you different business buying options. If you are looking to buy a business, we encourage you to look into all of the ways you can monetize ownership in a business, limit capital gains in a way that is less risky for all parties, and even work something out where all parties get what they want.
At Impact Business Brokers, we are all about the win-win in business. We never want to do anything that doesn’t align with what fits you as the buyer, or the seller. We represent all businesses for sale Tulsa and parties equally and fairly. We want to make sure to create a business acquisition plan that makes sense. We go through all of the different buying options when you are either looking to expand your current business, or you are looking to own a business for the first time!
Buying a Business Makes Sense Because…
- You Don’t Have to Reinvent the Wheel
Saving money on processes is great! At Impact Business Brokers, we offer consultative services to get your business ready to sell. We offer insight into ways to make your business worth more. We offer free consultative and no contract solutions. If we don’t sell your business, we don’t get paid. We believe fair is fair here at Impact Business Brokers of Oklahoma!
- Build Off of Existing Momentum
Oftentimes, owners find themselves in life situations, where the business the momentum is gaining no longer aligns with their life. When that happens, the next aspiring entrepreneur can build off the existing momentum and energy a business inevitably carries! You never know when you are one more conversation away from a major sell. There are things to consider when you have a base and you are looking to build off momentum, and reap the benefits of hard work, and perfect timing!
- Learn From Others – Their Accomplishments AND Mistakes.
Buying a business also makes sense, because you can learn from others. You can see what accomplishments, and mistakes others have made. You can learn, and you will be more successful because of that! When it comes to people’s accomplishments, look at what they were doing right. Where did they get most of their customers. How did they grow? We can help!
Contact Impact Business Brokers!
At Impact Business Brokers, we offer a free valuation whether you are selling your business, or if you are looking for businesses for sale Tulsa, you can schedule your free consultation with on of our brokers. You can see our information and research us on our website at https://businessbrokersoklahoma.com/. Don’t forget to read our Google Reviews. Call for your free valuation and see our consultative services when you dial 918.216.0520. You can begin the consultation process, at this point, you have nothing to lose. We don’t charge. It’s a simple meeting to see if it is even a good fit. We know the process can sometimes be emotional.