Buying a business is one of the biggest life decisions you will ever have to make.
The Right Business For You
The Transworld Buying Process: Eight Steps to Entrepreneurship
Owning a business is the greatest way to build wealth and take charge of your own destiny.
We begin searching for the right business by gathering detailed information about you to establish your financial capabilities, your skills and experiences, and your personal life goals.
We will explain the buying process and help you understand the realities of the current marketplace.
Now the hard work finding the perfect business begins. We will help you search for your company, aid you in signing confidentiality disclosures, get you detailed information on the business, and set up showings with the seller.
We will share with you our expertise in deal structure, by helping you draft a contingent offer on a company that you would like to buy.
This period is where you fully ensure the owner's representations are accurate. Our staff will coordinate the efforts of your legal and accounting professionals and strive to satisfy all contingencies.
Final preparations will be made for lease assignments, utility transfers, financing, merchant service accounts, inventory counts and any other last minute preparations to make the transfer as seamless as possible.
Transitional training by the seller may include meetings with employees and clients, technical education, computer updating, and other essential knowledge transfer.
Many additional questions may arise during the buying process. Please do not hesitate to have us explain in detail any portion of this process. You will discover that, with Transworld's assistance, you can have a successful experience purchasing and owning your own business.