With 2014 right around the corner, now is the time to think about what direction you want to take your business. Whatever your business ventures may be, Sunbelt Atlanta would like to lend you a hand as you make some big changes in the coming year. This is the time to buy or sell your business. As an up-and-coming business owner, what are you going to do?
Buying Ins and Outs
Are you an entrepreneur? Buying a business and being your own boss is the most ideal scenario for entrepreneurs like you. As 2013 draws to a close, you may be looking toward purchasing a business to ring in the new year. This is an important time to be ambitious, because buying a business involves risk.
At Sunbelt Atlanta, we encourage you to consider exploring the greater Georgia area, in search of an already existing business to purchase. We all like new things, but an existing business would be a wise investment for the following reasons:
- Established reputation – If you purchase an already existing business, that business has already made its mark. They likely have social networking pages, a website, and several business partners. In addition, a preexisting business will have employees who are already trained, customers who are loyal, and an immediate source of revenue.
- No hassle – You have significantly less paperwork to worry about if you buy a preexisting business. Licensure, insurance, certification, and permits are already squared away, which means you simply transition these to yourself as a new owner. You also avoid having to assign your employees to extensive training. When you take your executive seat, you need only concern yourself with moving along, not how to start.
- Reduced risk – Purchasing a brand new business, from its property to acquiring clients, is a process that requires a lot of time and money. When you purchase a business that has existed for a while, it is already established in the corporate world. Be sure, of course, to know everything about the business, such as its valuation, before committing to it.
Selling Ins and Outs
Like purchasing a business, selling one also involves risks. Don’t worry: We at Sunbelt Atlanta are here and ready to teach you the process of selling your business. Our professionally trained staff will serve as your business broker, and someone will teach you personally every step that goes into selling your business. We will publish and advertise your business, and evaluate prospective buyers to assure that your business is left in good hands.
Do Not Hesitate
This is the time of year when business owners everywhere make big changes in their line of work. Company owners, business brokers, and striving entrepreneurs are working around the clock to establish themselves in 2014. Do not miss out on this opportunity to get your name out there. Let us at Sunbelt Atlanta help get your business ventures on the road.