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What World Source Center Offers You
The Security • The Financing • The Confidentiality

There are several advantages to purchasing a preexisting business.  Besides the immediate cash flow, you will already have many operations in place.  Everything that the business needs to function – suppliers, customers, and employees – will already be established.  Additionally, you will have an ongoing reputation and will not have to work tirelessly to work for your reputation and image. 

We may be able to assist you in obtaining financing.  WORLD SOURCE CENTER works hand in hand with ABC Finance. This means that our brokers can pre-qualify prospective buyers for financing as soon as they express an interest.  Keep in mind that over ninety percent of business purchases are financed by the sellers, which demonstrates their confidence in the ongoing business.

When you decide to sell a business with WORLD SOURCE, all dealing, meetings, and interested buyer inquiries are kept strictly confidential.  All listings on our web site will not include any identifying information.  Your business will be advertised confidentially and employees, competitors, etc.  will not be aware that it is on the market.  Once a buyer is in place, both parties will sign a Confidentiality Agreement, prohibiting the buyer from disclosing any information regarding the business operations.

It is very important not only to chose a business that you feel will be financially rewarding, but one that will be personally rewarding as well.  It’s a fact – businesses run by people who don’t enjoy that particular line of work usually fail.  Here are a few things to consider before deciding on a business to buy.

1. Is the business you are looking to buy a business that is of interest to you and one that you will enjoy running?  If not, you should highly reconsider and look instead into buying a business that you will enjoy for years to come.
2. Can you afford the business? Will purchasing this business leave you with little to no money aside from it? If the business fails, will you be financially ruined? If so, you should seriously reconsider and go for a less expensive purchase.

Before making an offer, make sure you have a lawyer or accountant thoroughly review the financial records of the business and have a good idea what profits your will be earning and how much you will be paying out.

If you are looking to buy a franchise, make sure to research the history of the franchise. Pay close attention to things such as: Have any of the executives of the franchise recently filed for bankruptcy? Will the franchisor be able to put certain restrictions on your outlet? What are the grounds for termination of your franchise? What obligations will you have to the franchisor (renewal fees etc.)?  What is the franchise’s financial history? How stable is the franchise? Figure out how many competing franchises are currently in your area. Your partner is your competitor in the world of franchises! Determine the number of terminated franchisees. Big numbers of terminated, non-renewed, or cancelled franchises are significant and should not be overlooked.

See a business that interests you? Click here to register as a Buyer.
Interested in selling your business? Click here to be a Seller.