How to find a Professional Advisor that is right for you? Written by Jim Brown
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Education - A good business broker should have a sound knowledge of finances and preferably have accounting qualifications. Specialize - The broker must specialize in businesses and not be involved in real estate or commercial property. Credentials - The broker must be licensed or approved to sell businesses under regulations in your state. Facilities - The broker should have office facilities available for meetings and to which you are able to direct inquiries by telephone when necessary. Be available - The broker must be available by phone, even if it is just his mobile, so that you can clear queries that arise immediately. Alive - The broker should have sufficient energy to be able to give time to help find your business quickly. In this regard age will come into it because on one end a broker that is young will not have experience or maturity to handle assignment properly, and a broker that is too old will not have stamina or energy to do job quickly. Easy to get along with - Your broker must be someone that you believe you can put your trust in because you will be working with him or her quite closely in future. He or she must have credibility and bring across to you a sense that you can rely on him or her to secure a good business at best price in shortest amount of time.Finding a good business broker is difficult, but you definitely need one to help you in your business search. If your accountant or attorney cannot refer you to a business broker that is "right" for you, ask your banker or other advisors for a referral. Your family and friends are also excellent resources. © 2002-03. GlobalBX. http://www.globalbx.com. All rights reserved. Buy a Business or Sell a Business on GlobalBX. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Lists businesses for sale, business brokers, and franchise opportunities.
Jim Brown is Director of Marketing at GlobalBX, http://www.globalbx.com. Buy a Business or Sell a Business on GlobalBX, a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Lists businesses for sale, business brokers, and franchise opportunities.
| | How do you choose the right franchise from the start?Written by Jim Brown
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After you have read offering circular, ask franchisor for a list of franchisees that you can contact. Current franchisees are a great resource and can give you detailed insight on how company is really doing, what to consider before and after you get into business, and other critical information. You should visit franchise stores and corporate headquarters to uncover any information that will help you make your decision. Assemble a team of professional advisors, including a franchise attorney and an accountant. They can help you answer technical questions and will be a useful resource throughout research process. © 2002-03. GlobalBX. http://www.globalbx.com. All rights reserved. Buy a Business or Sell a Business on GlobalBX. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Lists businesses for sale, business brokers, and franchise opportunities.
Jim Brown is Director of Marketing at GlobalBX, http://www.globalbx.com. Buy a Business or Sell a Business on GlobalBX, a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Lists businesses for sale, business brokers, and franchise opportunities.
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