Uncovering Hidden Gems

Hey there, near-future business owner!

I hear you. I see you. I am here for you.

If you're eager to leap into business ownership of an established money-making US small business, it's essential to approach the search process with an open mind.

Sometimes the best opportunities are hidden in plain sight.

It takes a creative and open-minded approach to think outside the box and uncover those hidden gems in the small business acquisition market.

Are you in the market for a small business acquisition but are having trouble finding established, profitable businesses for sale?

Look no further! Here are the top five places to search for hidden gems that may not be listed with business brokers:

1. Industry Trade Associations: Many industry trade associations have a membership directory that lists businesses within their respective industries. Joining these associations and browsing their directories can be a great way to find companies not listed with brokers.
2. Local Business Networks: Joining local business networks and attending their events is an excellent way to network with other business owners and find businesses for sale. Check out your local chamber of commerce, business associations, and entrepreneurial groups.
3. Direct Mail: Some business owners may not be actively looking to sell their businesses but may consider an offer if one is presented. Direct mail can be a great way to target specific companies and offer to buy their business.
4. LinkedIn: LinkedIn is a powerful platform for networking with business owners because it allows you to establish meaningful connections and build relationships over time. By engaging with business owners in your industry, you can gain valuable insights into their businesses and determine if and when they might be open to selling.
5. Online Forums and Marketplaces: Business owners and investors gather to discuss deals and opportunities in many online forums and marketplaces. Sites like BuyAndSellABusiness, Kumo, BizBuySell, and BizQuest can be great resources for finding businesses for sale.

Are you tired of searching for the perfect business listing on the brokerage market only to find no return phone calls from the business listing broker?

How about the business brokers requesting you to first and foremost provide your most recent bank statements to prove you have sufficient cash on hand before reviewing a desired business listing?

How does this make you feel?

Providing bank statements to business brokers for access to business listings is like handing over your negotiation power on a silver platter.

STOP!

Protect your financial information and hold onto your leverage power.

Your leverage is your currency in business acquisitions - use it wisely, guard it closely, and never give it away for free.

Business brokers typically represent the business seller and have financial incentives tied to the sale of the business.

They will receive up to 10% commission on the sale of the business and will strongly refer you to one to three SBA lenders of their preferred choice, who pay them, the broker up to 2% additional incentive after your loan has been funded.

More money to be earned can often mean more greed, and unchecked greed can lead to unethical practices that harm everyone involved.

In business acquisition negotiations, as a business buyer, it's crucial to prioritize integrity, transparency, and mutual respect above all else.

Don't let uncertainty or undue influence hinder you from realizing your dream of small business ownership.

Contact me today via direct message to learn how I can help you obtain a fully SBA-vetted business buyer and borrower eligibility letter and confidently navigate the business acquisition SBA lending process.

With my experience, integrity, and guidance, you can protect your leverage and achieve a successful change of business ownership financed transaction backed by the SBA, leading to a seamless transition of ownership and a bright future as a business owner.

Respectfully,

-Deb Curtis

#supportsmallbusinesses #buyandbuild #integritymatters

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Deb's commitment to your business buyer loan project success and unwavering dedication to the Small Business Administration's (SBA) lending guidelines makes her the ideal partner for individuals seeking financing for a business acquisition.

Deb's approach to business ownership transitions is grounded in mentorship and servant leadership, ensuring transparency and integrity.

Connect with Deb today for a complimentary 30-minute SBA eligibility call and take the first step towards realizing your small business ownership goals.