WHITE LAKE MI
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MWV Consulting An Affiliate of Empire Business Brokers CBB

providing services to oakland macomb wayne livingston & genesee counties

buy a business

A FEW THINGS A BUSINESS BUYER SHOULD KNOW

At EMPIRE we concentrate in finding you a business that you like and feel comfortable operating. You as any other potential business buyer, have the vision of being your own boss and making your own decisions.  A business should correspond to your vision so that you can be successful.

WHY ARE BUSINESSES SOLD?

Contrary to what many people believe, businesses aren't sold just because they are bankrupt.  There are very legitimate reasons why  a business owner might want to sell. Some of these are:

  • Worrisome exposure to business risks often aggravated by personal guarantee loans.
  • Tired of, or bored with the business.
  • Possible failure of the business if one or more owners become seriously ill or disabled.
  • Personal preference of the owners to  retire or simply change their lifestyle.
  • Divorce or dissolution of partnership.
  • Owner's desire to pursue other business interests which may be more challenging or less stressful.
  • Lack of sufficient working capital.

A need within the company for new skills, new resources, or a new philosophy to cope with ever changing economic forces, government regulations and competition.

Worldwide, businesses change hands every 5 years on average.

WHAT TYPES OF BUSINESS FORMATS CAN I CONSIDER FOR HAVING MY OWN BUSINESS?

  • On-going businesses: Which are companies that are functioning and have an operative history.
  • Franchises: Which have a defined business format that you can acquire, as long as you are accepted as an operator and have an acceptable commercial space from the viewpoint of the franchisor.  There are four types of franchise formats:  Individual Franchise, Multiple Franchise, Regional Franchise, and International Master Franchise.
  • Business Opportunities: In which you will not pay a royalty for operation, and will be entitled to an initial support in equipment, trademark or business systems as in the case of distributions.
  • Investments Projects: Risk capital Investments in which a part of all of the elements required to initiate the project are needed, and there is a business plan from the owner of the project.
  • Commercial Spaces: In case you want to initiate your own business, the decision of where it is going to be located is essential to the success of the company.

WHAT TYPES OF CATEGORIES EXIST SO THAT I CAN HAVE MY OWN BUSINESS?

At EMPIRE we have defined 42 business categories with over 100 sub-categories,   EMPIRE continually updates its business listings in order to offer buyers and future entrepreneurs options that best fits their tastes and preferences, as well as their investment possibilities.


CONFIDENTIALITY IS OF THE UTMOST IMPORTANCE IN OUR COMPANY!

 

Only highly screened, pre-qualified Buyers that have signed a non disclosure agreement know that your business is for sale.  This confidentiality allows you to maintain daily business operations and profits without disclosing your intentions to employees, customers, and vendors.

All Buyers are interviewed to determine their personal capabilites and appropriateness for your business...as well as their financial resources to purchase a business.  Since most buyers are first time buyers we spend the time needed to help them understand the buying process and find the right business for them.

Contact Us

Drop us a line!

MWV Consulting An Affiliate of Empire Business Brokers CBB

(248) 320-3000