|
See
a business that interests you?
Click
here
to register as a
Buyer.
Buying a business can quickly change
your entire lifestyle.
It's a fact that how you life your life is directly related to how you earn your
living. If you feel confident in your decision to purchase a business, we
at WORLD SOURCE CENTER can offer you the personal, professional experience
necessary to make the perfect business purchase.
World Source Center is
Here to Help!
WORLD SOURCE
Brokers are here to help with the confusion of buying a
business. We will guide you through the entire
buying process, assisting you with each and every step.
When you are ready to make a purchase, WORLD SOURCE Brokers will provide you with the professional assistance necessary for a smooth
and successful transaction.
We will negotiate the best deal in order to provide
an ideal business situation.
Together we can find you the business of your dreams.
What Will I Need to be Considered for SBA Loan Assistance?
Even though the SBA-qualifying standards are more flexible than other
types of loans, lenders will generally ask for certain information
before deciding to use an SBA loan program. Generally, a business will
need the following documentation to evaluate your loan request:
• Business
profile. A document describing type of business, annual sales, number of
employees, length of time in business and ownership.
• Loan request. A description of how loan funds will be used. Should
include purpose, amount and type of loan.
• Collateral. Description of collateral offered to secure the loan,
including equity in the business, borrowed funds and available cash.
• Business financial statements. Complete financial statements for the
past three years and current interim financial statements.
• Personal financial statements. Statements of owners, partners,
officers and stockholders owning 20% or more of the business.
The strength and accuracy of your financial statements will be the
primary basis for the lending decision, so be sure that yours are
carefully prepared and up-to-date.
The most important documents in your financial statements are:
• Balance sheets from the last three fiscal year-ends.
• Income statements revealing your business profits or losses for
the last three years.
• Cash flow projections indicating how much cash you expect to
generate to repay the loan.
• Accounts receivable and “payable aging,” breaking your receivables
and payables in to 30-, 60-, 90- and past 90-day old categories.
• Personal financial statements from you and your business partners
listing all personal assets, liabilities and monthly payments, as well
as your personal tax returns for the past three years.
 FACT:
More than half of new business will crumble within a few
short years of opening.
FACT:
The benefits of buying an existing
business rather than starting a new one are numerous. Everything that the business
needs to function, including suppliers, customers, and employees,
will already be in place. You will know past
years’ operation numbers and not have to guess or trust in projected
numbers.
Working with a business brokerage can make
your buying experience easier than you could imagine and also greatly
increase
your potential for success. With WORLD SOURCE Brokerage, you will quickly learn how the services that our
skilled brokers provide are invaluable.
At WORLD SOURCE Brokerage, helping you buy
a business is our only goal and we have everything available to help
you accomplish just that.
WORLD SOURCE Business
Brokers are professional negotiators and will work hard to make your
purchase as fast and rewarding as possible.
We are one of the
fastest-growing business brokering firms in the nation, and are
quickly becoming one of the most recognized and sought-after firms as
well. Our methods are innovative and designed for optimum performance
with unmatched results to suit your specific needs.
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.
-
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.
-
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.
Our Bull’s Eye Plan (BEP)
now makes it effortless to find the perfect business for your needs.
As a buyer, you may find it overwhelming to pinpoint the perfect business
opportunity. Finding appropriate industries and locations for your purchase is
a full-time job in itself, and can easily make you feel overwhelmed.
Not to worry. WORLD SOURCE CENTER
offers you the services of a Bull’s Eye Plan expert, who will help alleviate all
those tricky decisions, difficulties, and risks.
...........................................................................................................................................
The Bull's Eye Process:
1. Submit the Bull’s
Eye Plan (BEP) fee to your WORLD SOURCE CENTER broker.
2. Schedule a private
business search conference with one of our knowledgeable experts. Here, with
the help of your completed Bull’s Eye Plan Spreadsheet, our professional team
member will sit down with you and discuss the type, location, and price of the
business that you are looking for.
3. Next, your WORLD
SOURCE CENTER representative will conduct an actual search of several thousand
businesses that suit your needs. Even if the business isn’t for sale, your
Marksmen will let you know about it. Sometimes, business owners are willing
to sell their business when the price and timing are right.
4. Together, you and
your WORLD SOURCE CENTER representative will review a short list of
prospective businesses and decide on the perfect business for you.
5. Research your
prospective business, and examine it with due diligence. Our Bull’s Eye Plan
experts can even help with negotiations, legalities, and finalizing the deal.
6. Make your offer, and
close the deal!
The Results:
You will find the perfect business quicker and easier than you ever thought
imaginable!
Click
here
to register as a
Buyer.
Advantages:
Security
– know that you purchased the right business at the right price.
Effective Searching
– save time and effort by targeting the right businesses.
Experience
– we help thousands of buyers each
year, so you can feel relaxed and confident!
 Entrepreneurs
and Franchisees take on vastly different responsibilities each day...
While each
career choice has its own unique advantages, it is important to first determine
which decision is best for you.
Generally
speaking, entrepreneurs have the following qualities:
- Extreme
independence
- The ability to accept high risks
- The ability to think ahead and be visionary
All
entrepreneurs should seriously consider buying existing businesses.
Here's
a few reasons why:
- Instant cash
flow
- Pre-trained employees
- Return on investment in one year
- Established credit history and relationships
- Established customer base and reputation
Generally
speaking,
franchisees have the following qualities:
- More
conservative than entrepreneurs
- Open to guidance and suggestions
- Prefers to mitigate risks
All buyers should seriously consider purchasing a franchise business.
Here's a few reasons why:
- 97% of all
franchises opened in the last five years are still open for business
- A new franchise business opens every eight minutes of every business day
- One out of every twelve businesses is a franchise
Buying An Existing Business Information
Let’s face the facts:
Buying a business can be the opportunity of a lifetime, but all buyers must
first understand the serious financial and personal commitment that is necessary
in order to be successful in the business world.
A government survey shows that
60% of new businesses fail within the first three years. But don’t you
worry – this same survey reveals that buying an existing, established business
has a much lower failure rate.
Still not sure about buying an existing business?
Take a look at some of the many advantages of buying a pre-established business:
-
You can review
actual past records, rather than projected results.
-
You get immediate
cash flow.
-
You will have
established customers.
-
You will have
established suppliers.
-
You will have
trained employees ready to work for you.
-
The seller will
usually provide the financing you need to buy the business.
 • Sit down and carefully
think about your decision to buy a business.
• Research
the different opportunities there are for business buyers.
• Check out the business listings of the locations you are considering.
• Determine how much money you can afford to pay.
• Contact and consult with your WORLD SOURCE CENTER representative to reevaluate
goals and objectives.
• Evaluate
the businesses that are being offered for sale.
• Privately tour the businesses you are interested in with your WORLD SOURCE
CENTER broker.
• Evaluate
the location and other important factors of the businesses you have seen.
• Through your WORLD SOURCE CENTER broker, place a bid on the business or
businesses in which you are interested.
• Begin the negotiation state with the help of your WORLD SOURCE CENTER broker.
• Close
the purchase.
• Get ready to own your own business!
Here are some of the most important fundamentals and
tips for buying a business
1. Buy a business that you enjoy.
2. Never pay yourself out of cash - you will need the reserves!
3. The owner of the business should always finance the purchase.
4. Commercial banks will not lend you the money to buy a small, privately-owned
business.
5. You and the owner of the business should have a good relationship with each
other.
Remember to Buy a Business That You ENJOY!
 Don't make a decision that you will soon regret - the most
important quality of a business is satisfaction, not profitability. Of course,
it is important to have a business that will make enough income, but it is so
much more important to find a business that you will enjoy running.
If you purchase a business for the sole reason of a large
income, you will undoubtedly spend long, dissatisfying days in the business, and
will most likely sell it due to not enjoying it.
Before you buy a business, think about your values and what
you enjoy doing. Imagine yourself running a particular type of business. Do
you like what you see? If you are, then this is probably the right type of
business for you.
Be Prepared to be Flexible
Make sure that you don't latch onto only ONE type of business, because it will
then take you much longer to find this "dream job". Instead, consider broad
parameters of what you are looking for, so it will be easier and more realistic
to find a business that you enjoy. Once you do this, you can begin to "fine
tune" your selection, eventually arriving at a business that you will feel
satisfied operating.
Step 1. Meet with your
WORLD SOURCE CENTER broker.
- Buyer completes buyer survey and
provides summary financial information
- Buyer signs Confidentiality Agreement
Step 2. Discuss basic information about some businesses that
interest you.
- Buyer receives Confidential Business
Profile and summary financial data.
Step 3. Arrange a confidential customer visit, if necessary.
Step 4. Arrange a buyer/seller meeting through your broker.
- Buyer signs Net Worth Statement before
meeting with seller
- Buyer receives signed SDE Statement
after meeting with seller
Step 5. If interested, make contingent offer.
- All offers are contingent upon buyers
review and approval of due diligence results at the sole judgment of
buyer.
Step 6. Negotiate and sign, with seller, the contingent offer.
Provide deposit.
Step 7. Due diligence period.
- Buyer obtains the following from Seller:
a. Tax returns (3yrs)
b. P&L/Balance Sheets
(3yrs) + Interim
c. Leases to be assumed
d. Sales Tax reports
e. Receivables aging
f. Seller Disclosures
g. Liabilities to be
assumed
h. Customer
Concentration Report
i. Certificate of good
standing
j. Contingency Removal
- Seller obtains the following from Buyer:
a. Buyer disclosures
b. Buyer credit report
c. Buyer’s detailed
financials
Step 8. Closing
- Buyer receives:
a. Customer Lists
b. Vendor Lists
c. Lease assignment
d. Non-compete agreement
e. Title to assets
f. Other information and
documents required to effect closing
Step 9. Training and transition period.
*If, at any point, the
Buyer or Seller terminates the process, buyer must return all
information to WORLD SOURCE CENTER. Specific requirements can be
found in the Confidentiality Agreement. WORLD SOURCE CENTER makes no
representation or warranty as to the accuracy of this information. |
| |
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.
-
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.
-
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.
I•
f 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.
TAKE ADVANTAGE OF THIS FREE SPECIAL OFFER OF THE YEAR
Our
Marketing Strategies Help Guarantee
A Fast & Easy Sale!
 World Source Center
is here and ready to help anyone who is considering selling their business.
Thousands of people everyday view our site for all of our listings... yours can
be seen too. Simply fill out the form above...
We aggressively market
businesses, using a variety of media outlets, until the business is sold. From
Newspaper classifieds to targeted direct mailings, to our online classifieds,
which are viewed by thousands of qualified and interested buyers’ everyday, we
use every available marketing strategy.
Our team
of Internet Marketing Specialists make sure that businesses are readily
available on the first page of any favorite search engine. From GOOGLE to YAHOO
to AOL to MSN, we guarantee that no matter how a perspective buyer is trying to
find a business type, they will find your advertised listing. Our
Top notch, precise search engine marketing results in:
Your
confidentiality and the complete information about your business will be kept as
strict as you want it to be kept. At World Source, selling businesses is our
passion. Let our highly qualified and experienced brokers start the ball rolling
today.
The
selling process begins with you
listing your business on our website.
With WORLD SOURCE
you can expect the best when it comes to selling your business on our
website. WORLD SOURCE
will always:
• Use their vast backgrounds and skills in
advertising to
meet your needs
• Make your security and confidentiality a
top priority
• Work quickly and efficiently to help get
your sale finalized
"World Source made selling my business an
easy experience. Their knowledge of optimization and the World Wide Web
and their courteous team helped me find
the most suitable buyer faster than ever expected. My
confidentiality was always kept secure and I sold my shop quickly and easily."
Jennifer Ram, Owner of Elysium Salon.
Working with a business brokerage can make your buying or
selling experience easier than you could imagine and also
greatly increase your potential for success.
 With
WORLD SOURCE Brokerage, you will quickly learn how the services
that our skilled brokers provide are invaluable.
At WORLD SOURCE Brokerage, helping you buy or sell your business
is our only goal and we have everything available to help you
accomplish just that. We have all the experience and know-how to
speed up the selling process and save you precious time and
money.
WORLD SOURCE Business Brokers are professional negotiators and
will work hard to make your sale as fast and successful as
possible.
We are one of the
fastest-growing business brokering firms in the Country,
and are quickly becoming one of the most recognized and
sought-after firms as well. Our methods are innovative and
designed for optimum performance with unmatched results to suit
your specific needs.
Our Brokers Offer You
What You Need...
When
you decide to sell a business with WORLD SOURCE, all dealings, 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.
WORLD SOURCE
works hand in hand with ABC Finance. This
means our brokers can pre-qualify prospective buyers for financing as soon as
they express an interest.
WORLD SOURCE
brokers are highly experienced negotiators. Working
with a qualified WORLD SOURCE broker ensures a
smooth negotiation and alleviated worries.
WORLD SOURCE CENTER is one of the fastest
expanding business brokerages in the United States!
 We
have among the largest networks of qualified buyers that are ready and willing
to make you an offer on your business today.
With
interested buyers from virtually every industry, we are able to bring you
potential clients from all fifty states as well as Canada and abroad. We have
vast and invaluable resources available to ensure that you get the best price
for your business.
Our founders have worked as brokers for over
twenty years and WORLD SOURCE has been steadily growing for over twelve years.
It is our goal to become the world’s largest business brokerage with the world’s
best reputation.
Our
extensive network is expanding daily - with offices in nearly all major cities,
we work around the clock to help close thousands of successful deals every year.
We will bring you pre-screened, interested buyers looking to purchase your
business for a price that will leave you extremely satisfied.
No other
brokerage can provide a bigger array of buyer options then WORLD SOURCE CENTER.
-
A meeting is held
between the Seller and the Seller’s Broker (who holds a Real Estate license
where necessary and is professionally-trained). The Seller, meanwhile, is
adequately educated on the business-selling process.
-
The Seller’s
Broker fills out a Representation Agreement, which is then signed by the
Seller.
-
Upon the
Seller’s signing of the Representation Agreement, the Seller provides the
Seller’s Broker with the following:
i. A
complete listing of all equipment and assets to be included or excluded in the
sale.
ii. Profit
and loss statements, tax returns, and balance sheets of the business (covering
the last three years in entirety).
iii.
The most recent
available interim profit and loss statement, sales tax returns, and balance
sheet.
iv. Real
and personal property leases.
v.
Copies of all licenses, patents, contracts, loan documents, and agreements
(e.g., employee benefits).
vi.
Any environmental
reports.
vii.
Copies of all other
documents needed in order to present an honest and accurate description of the
business to prospective buyers.
-
During the Representation Period, the
Seller is required to update each aforementioned document when any material
change has occurred.
-
The Seller agrees to the Seller’s Broker
publishing, advertising, or distributing information about the business to
prospective buyers, cooperating brokers, and landlords. Seller also consents
to Seller’s Broker contacting landlords or any other relevant persons
regarding any additional information about the business.
-
Seller’s Broker creates a narrative of
the business. The Representation Agreement is then submitted to the WORLD
SOURCE proprietary database, and a Business Profile is created. Seller’s
Broker introduces the business to other brokers during office meetings, which
are held weekly.
-
Seller’s Broker develops an advertising
strategy, and the Seller’s Business Data (SBD) (which has been matched against
buyers in buyer’s respective queues) is added to web sites in a way so that
the general public is unable to identify the business.
-
Buyers in queue and those who have
responded from the advertisements will have their financial histories and
backgrounds evaluated to determine if they are qualified to buy the business.
If qualified buyers are interested, they will be shown the Business Profile.
If further interest is then shown, the Seller’s Broker will arrange a meeting
with the Seller.
-
If buyer decides to make a reasonable
offer, the buyer’s broker will present the offer and secure a deposit.
-
The Seller’s broker will then present
the offers to the Seller. Seller and Seller’s Broker will review each offer
and decide whether to accept it or counter it.
-
Once an offer is accepted, the Seller’s
Broker will arrange a meeting between the Seller and the buyer where the
Seller’s and buyer’s Disclosure Statement can be discussed, questions can be
answered, and the statement is signed by both the Seller and the buyer.
-
Once the Seller’s and buyer’s Disclosure
Statement is completed, due diligence begins.
i.
If the due diligence
shows the business to be as originally presented, the buyer will sign the
Conditions Removal.
ii.
If the due diligence does
not show the business to be as originally presented, the offer can be
renegotiated or the offer can be cancelled and the buyer’s deposit check will be
returned to the buyer.
iii.
If the due diligence shows
the buyer to be as originally presented (financially capable, good credit,
etc.), the seller will sign the Conditions Removal.
iv.
If the due diligence does
not show the buyer to be as originally presented, the offer will be canceled and
the buyer’s deposit check will be returned to the buyer.
-
Once both the buyer’s and Seller’s
Conditions Removals are signed, the Seller’s Broker will prepare to close the
deal.
-
Seller's
Broker secures the following:
i.
Representation
Agreement.
ii.
Purchase Agreement and
counteroffers.
iii.
Both Conditions
Removals.
iv.
Seller’s name, personal
address, Social Security number, sales tax number, and federal tax
identification number (if a corporation).
v.
Buyer’s name, personal
address, Social Security number, and federal tax identification number (if a
corporation).
vi.
Deposit check from
buyer.
vii.
Leases (e.g., amount of monthly rental, security
deposit, assignment, new lease, etc.)
viii.
Estimated closing date, date of possession by
buyer, and pro-ration date.
ix.
Insurance investigation; determination of whether
the buyer will assume Seller’s insurance or acquire new insurance.
x.
Taxes (requests the Seller’s property tax bill for
pro-ration).
xi.
Required licenses; determination whether they are
transferable.
xii.
Names of officer(s) authorized to sign a Corporate
Resolution authorizing the sale of the assets or stock (if buyer and/or Seller
are a corporation).
-
Purchase price will be allocated in the
following manner:
i.
Good will; fixtures and equipment; leasehold
improvements; covenant not to compete; licenses where applicable; Furniture,
Fixtures & Equipment (FF&E); Inventory.
-
Asset sale through an escrow company:
i.
Receives opening escrow instructions.
ii.
Prepares escrow instructions.
iii.
Gathers signatures and deposit money (no escrow
processing will begin until the deposit check clears).
iv.
Orders publication and recording while notifying
county tax collector.
v.
Orders UCC, tax liens and judgment search for state
and county.
vi.
Requests demands from existing lien-holders.
vii.
Receives claims.
viii.
Before the legal published closing date, does
estimation of closing costs (including estimated inventory), and requests funds
to close escrow from the buyer.
ix.
Prepares closing instructions one day before the
close of escrow.
x.
Gathers signatures on the closing instruction on
the date of close of escrow.
xi.
Disburses funds and paperwork.
-
Stock sale through either an escrow
company, the Seller’s Broker, or a “neutral” attorney.
i.
Orders UCC, tax liens and judgment search for state
and county.
ii.
Arranges for signature changes on banking accounts,
name changes on liability accounts, and preparation of new stock certificates.
iii.
Before the legal published closing date, does
estimation of closing costs (including estimated inventory), and requests funds
to close from the buyer.
iv.
Gathers signatures on the closing instruction on
the date of close.
v.
Disburses money, stock certificates, and paperwork.
-
Tax releases are required before the
Seller can receive all of the proceeds, including a Certificate of Payment of
Sales and Use Tax from State Board of Equalization.
Q: How will WORLD
SOURCE market my business?
A: WORLD SOURCE’s
database of buyers is always growing and we already have thousands of
pre-screened, qualified people interested in purchasing businesses. We will
match your business for sale with one of these interested parties. If your
business is not compatible with one of our interested buyers, your listing will
appear confidentially on WORLD SOURCE’s “For
Sale” section of our website, which is visited by thousands everyday.
Q: When will I start receiving offers? How
high will they be?
A: It is not uncommon to start getting
offers on a new business listing almost immediately after
WORLD SOURCE begins advertising it. Usually,
the beginning offers will be under what you expected. This is normal. Buyers
will always try to get the best price and see how low you will go. Our
well-trained negotiators will keep up bargains with well-suited buyers until a
fair price for both parties is agreed upon. Finalization of sales will be sped
up by you having up-to-date business records available for the buyer to review.
Q: How long will it take to sell my
business?
A completed sale of a business can usually
be expected within a 2-6 month period. This of course depends on a variety of
determinants, the main issues being price, flexibility, market conditions, and
desirability of the business for sale.
You've successfully ran your business, and now
you're ready to leave.
Don't worry about the selling process - leave that
up to us. With extensive experience in mergers and acquisitions,
accounting, tax matters, and business law, the WORLD SOURCE CENTER team can make
your selling experience easy and rewarding.
WORLD SOURCE will advertise your business
without anyone knowing that it is for sale. All buyer inquiries and
meetings are confidential, and the Confidentiality Agreement assures that
prospective buyers won't disclose any proprietary information on the operations
of your business.
WORLD SOURCE
brokers are extremely experiences in business
financing. Working hand-in-hand with ABC Finance, your brokers
can pre-qualify prospective buyers for financing as soon as they express an
interest.
WORLD SOURCE
brokers are highly experienced negotiators. Working
with a qualified WORLD SOURCE broker ensures a
smooth negotiation and alleviated worries. Our brokers negotiate business
sales terms every day and know what's right for you.
To ensure your complete selling satisfaction,
your World Source Broker will:
1. help you identify the goals you can
realistically expect to meet upon selling your business
2. market your business confidentially, so that your employees, customers, and
competitors are unaware of your pursuits.
3. screen potential buyers before presenting them to you.
4. Arrange meetings for you to speak with potential buyers.
5. Help you negotiate with potential buyers.
6. Make sure that every aspect of your sale is successful.
 If you
are planning on selling your business or looking to upgrade its value
beforehand, it is well-advised to have it valued with an independent
business appraisal.
The appraiser will offer an
unbiased opinion of a fair market value of your business.
WORLD SOURCE has
close ties with ABC financial as well as numerous institutions in Canada and
abroad. Working hand-in-hand with these renowned business appraisal
organizations guarantee that the appraisals will be accepted by leading banks
and other respected lending institutions.
The type of appraisal
and cost will be determined by the type of business, yearly revenue that your
business generates, main reasons for the valuation, and other factors.
An experienced WORLD
SOURCE broker will help determine which type of appraisal is best tailored to
your needs and help you prepare the necessary requirements.
Q: How will WORLD SOURCE CENTER advertise my business?
A: As soon a you agree to have WORLD SOURCE CENTER advertise for you,
your business will be marketed in our extensive database of qualified buyers.
We advertise through many different methods, including the Internet, our own
website, and several other business listing websites. This ensures that
your business is seen by hundreds of thousands of potential buyers.
Additionally, we will run confidential, general advertisements in local
newspapers .
Q: Will the selling process take very long?
A: There are many different factors that decide how long it takes to
sell your business - your asking price, whether you will finance the buyer, the
industry that your business is in, and the current market conditions. Most
businesses take 2 to 6 months to find the right buyer and negotiate the terms of
the purchase.
Q: Will I be protected on the financing that I provide the buyer with?
A: To ensure your protection, a promissory note and security agreement
will be prepared for you by your closing escrow agent. Additionally, your
agent will file a UCC-1 financing statement with your state and local agencies.
Q: For how long will I need to train the buyer?
A: Most sellers provide 2 to 8 weeks of hands-on training, and an
additional 2 to 8 weeks of telephone consultation. Properly training the
buyer is in your best interest if you are financing the buyer.
Q: When should I inform my employees about my desire to sell?
A: We feel that it is best to inform your employees about your
intentions immediately before or after the sale is complete.
Q: Does WORLD SOURCE CENTER financially qualify each potential
buyer?
A: No. While we do usually ask for personal financial
information from the buyer, we do not verify that the information is correct.
Aside from a credit report on the buyer that we can run, it is your
responsibility to qualify the buyer. We have some SBA forms that will help
you obtain the appropriate financial information from the buyer.
Q: Is there anything I can do to help sell my business?
A: Yes. Some ways that you can help sell your business
include keeping normal working hours, making sure that your financial records
are accurate, keeping the business clean and tidy, being accommodating with
buyer meetings, and providing us with necessary information in a timely manner.
Start your
Business Broker Career Now!
(In less than one minute you
will have a new career!)
A REWARDING
PROFESSION -
Business brokerage is an exciting and
dynamic profession. The road is filled with challenges that constantly
call upon your business acumen to overcome the hurdles that may
interfere with a sale. If you thrive on helping people meet the
challenges of buying or selling a business, this opportunity offers
you the chance to really make a difference.
.........................................................................................................
The business brokerage industry allows you to
be an independent business person with an income potential that is
limitless, as well as providing an excellent lifestyle. However it
also requires hard work, discipline, the ability to work with people
and a desire to help them. We sell dreams, and the rewards obtained
from matching a prospective buyer to a business are both rewarding
intrinsically as well as financially.
.........................................................................................................
Information on
Joining the team
Be part of the daily challenges of the
business brokerage industry. Bring buyers and sellers together and
make the American dream come true. You will work as an independent
broker with the support of our office. If you love business, this
profession will be both fun and rewarding.
Contact us to see how we can offer
you a career in an exciting and dynamic profession that has tremendous
financial opportunities!
Want to have an exciting
career making big money with a premier Business Brokerage Firm?
Want the tools and ability to start your own business with unlimited
growth potential? The flexibility to control your own schedule & hours,
the leisure to work from the convenience of home with the potential of
unlimited career growth & unlimited income? Then Business Brokering is
where it’s at…
Incredibly High Earning
Potential with Incredibly flexible Hours
Perks of becoming a Business Broker… First of all the competitive Business
Brokerage industry is one of the most lucrative career ventures one can
make. The income potential is limitless and top power brokers can walk
away with over a million in commission on a single sale. In short,
flexible working conditions, high demand for services and the potential
for high earnings make real estate an ideal job or career choice. Business
Brokering is a fast growing industry and World Source is leading the way
Who
is World Source? World Source Brokerage has emerged as one of the premier
business Brokerage firms in all of the country. World Source is a major
player in the competitive Brokering industry. We provide a wide range of
professional services throughout the U.S.A and beyond.
Anyone Can Make Money with
this Amazing Career Opportunity
Who
can benefit from joining the World Source team?? Anyone! Anyone who’s
looking to start a career in a money making industry with no signs of
slowing down! Business Brokering will always be around. People will
always be purchasing and selling business. And with the increasing amount
of retirees and new business operators, business brokers are more in
demand than ever.
Even if you just want a supplementary income - Stay at home moms (or dads)
for instance might consider becoming a World Source “pajama broker”. That
means just what it says! Work from the comfort and convenience of your own
home with all the resources you need to…
1.
Manage listings
2.
buy/sell businesses
3.
Research Properties
4.
Talk to perspective buyers/sellers
Furthermore - In house brokers will have the best resources a broker
today can have and the option of working from any of World Source’s NY
offices.
Telecommunication advancements have made researching businesses online
simple and easy. With World Source brokers just a phone call away and
answers to any and all of your questions available to you 24 hours a day,
you can do the majority of your work as a broker out of the office… even
from the comfort of your own bed or couch. You make your schedule work for
you and fitting your career around your life instead of your life around
your career is finally doable.
It’s Easier than Ever to
Become World Source Broker & Change Your Future Today!
With no licensing required, all you need to become a successful broker is
the comprehensive training you will receive directly from our experienced
brokers and the world source training manual. This step by step “Brokers
Bible” will provide all the tools and marketing strategies to get your
lucrative new career going in no time. Start making big money now! Become
a World Source Business Broker!
Start
Your Hot New Career as a Business Broker Today
Becoming a Business Broker means beginning a
successful and rewarding new career - with the opportunity to make big
money while working as little or as much as you want to. World Source
Center is one of the fastest-growing business brokering firms in the
country. Our methods are innovative and designed for optimum performance
with unmatched results to suit the specific needs of business buyers and
sellers alike. We are quickly becoming one of the most recognized and
sought-after brokering firms available.
Due to our rapid expansion we are offering a once in a life time
opportunity to become part of the World Source Team and embark on a
fulfilling and lucrative career as a world source broker or sales
associate with the potential of earning unlimited money, now. With a 50%
commission for each sale you make, just think how much money you can earn!
Ø
Immediate Income Potential!
Ø
Be Your
Own Boss!
As
a World Source Business Broker or Sales Associate you will have the luxury
of making your own hours and setting your own goals. You can keep your day
job and earn extra money on the side, perfect for stay at home moms or
students. You can be as ambitious as you like with your new career, the
harder you work, the more sales you will get.
At
world Source we will provide you with everything that you need to succeed.
Our comprehensive training manual & CD with
all the information you will need to learn the ropes and become a
successful broker or sales associate. Learn how to talk to business
owners, valuate their businesses and get their business listed fast.
ü
A ready to use 4-step marketing strategy plan
ü
Live and online support from our experienced
brokers whenever you need it.
ü
Legal forms
ü
Accounting help
ü
Personalized business cards
ü
A Big Competitive Advantage by being a World
Source broker!
World Source is offering this business opportunity to a few motivated
people in your territory of the U.S. This is not an opportunity to miss.
BECOME A WORLD SOURCE BROKER
WORLD SOURCE has worked
diligently to bring together qualified buyers and enthusiastic sellers,
resulting in thousands of successful transactions. WORLD SOURCE
Brokerage is an innovative industry leader, and the expertise we provide
our franchisees is of tremendous value. We offer in-house technical
support, graphic design and public relations, as well as the
professional assistance that ensures success. There is no better time to
get involved with this exciting and prosperous line of work.
Business brokers are in high
demand for the majority of business sellers looking to get the most out
of their sale. The qualified brokers at WORLD SOURCE can provide you
with everything you are looking for in a broker, while also offering
services that will save both time and money for all buyers and sellers.
WORLD SOURCE is always looking for new brokers and our ever-expanding
network of offices may have a place for you. We are seeking capable
persons looking to join the WORLD SOURCE team.
If you
are interested in a position with our brokerage please read below to see
if a career with WORLD SOURCE is right for you.
-
Do you have the qualifications needed to
become part of the WORLD SOURCE team? – click
HERE
(link goes to Application Page)
-
If you are interested in learning more
about WORLD SOURCE and our career opportunities – click
HERE
(link goes to Career
Opportunities)
-
To read about the experiences of working
for us from some of our top brokers – click
HERE
(link goes to Broker
Testimonials)
FRANCHISING SECTION
Looking to expand your business quickly?
Franchising may be for you! Franchising your business can build residual income
through royalties, eliminate lengthy hiring processes, and build a secure
business with financial security. At WORLD SOURCE, our franchise experts can
help branch your business out into a franchise with minimal funding and maximum
growth potential.
WORLD SOURCE brokers have the knowledge,
expertise, experience and tools to successfully develop your existing company
into a successful franchise. We will guide you through the development,
agreements, legal issues, and financing to make your business a financial
success.
Looking to buy
a franchise? WORLD SOURCE will help you pick the right one suited for you skills
and needs. Running a franchise is now easier than ever - the ongoing support
and financing from the franchisor is always there, so you’ll never be alone.
Let our experienced franchise specialists help you get started with a franchise
purchase today. We can help you uncover what type of business will be the most
lucrative and satisfying for you to invest in.
There are
different entry-levels to consider when becoming a franchisee. Different
agreements carry different benefits and costs. Which one is right for you?
-
Single Unit Franchisee – The
Franchisee owns and operates one unit.
-
Multi Unit Franchisee – The
Franchisee owns and operates more than one unit of a franchise, most often in
the same geographic area. Multi unit franchise purchases usually come with a
reduced initial per unit fee.
-
Area Developer Franchisee – The
Franchisee owns a large territory and the goal of developing individual
franchise locations within the territory. The franchisor will sometimes
require the franchisee to open a certain number of units within a specified
timeframe. Area developer opening franchises at
reduced franchise and royalty fees
-
Master Region or Master Franchisee –
The Master Franchisee owns the right to a large area with the intention of
developing a number of units, also usually within a certain time frame. The
difference between an Area Developer and a Master Franchisee is that the
Master Franchisee also has the right to sell franchises and profit from the
sales.
The franchise industry is
growing at a tremendous rate. According to the International Franchise
Association (IFA):
- Nearly 50% of all domestic retail
sales in 2000 were from franchised businesses.
- By 2001, there were 767,483
business establishments in all domestic franchise systems (either owned by
franchisors and franchisees).
- In 2001, franchises employed almost
10 million people, with direct output close to $625 billion, and a payroll of
$230 billion.
- A new franchise opens every 8
minutes of every business day.
- In a study by Arthur Anderson &
Company of 366 franchise companies, nearly 97% were still in business after 5
years.
- Franchising is a field of expanding
economic opportunity in which each and every person can play a part based on
talent, initiative, and dedicatio
WORLD SOURCE CENTER has a deep understanding of the franchise business - all
of our offices are owned and operated by franchisees! As one of the
fastest growing business brokerages in the nation, we have come to understand
how to succeed in the ever-expanding franchise industry.
With thousands of buyers coming to us for business opportunities, we have
found that nearly all qualified buyers are looking for the same thing in a
business - the ability to be bank financed, have a pre-established marketing
campaign, and provide training and support for the growth of the business.
Does this sound like the same qualities that you are looking for? If the
answer is yes, you should strongly consider buying a franchise.
We are consistently being contacted by franchisors who are looking to expand
their market. They know that the WORLD SOURCE CENTER name is a name that
they can trust and feel assured to bring qualified buyers to the table.
Because of this relationship we have with franchisors, we constantly pre-screen
new franchises to determine if they have the opportunity for excellence that we
demand for our buyers.
Still unsure about what it takes to buy and operate a franchise? No
need to worry - we are here to provide you with all the guidance and support
that you will need - free of charge.
There are 5 key steps that are
taken once WORLD SOURCE learns of your interest in franchise opportunities:
- Through a question-and-answer
process between you and the Broker, we will obtain detailed information about
you and your background regarding business ownership. Together, we will also
discuss your goals for the business.
- Using the information that you have
provided for us, we will develop a customized model for you to evaluate
potential franchise opportunities.
- We will present several franchise
opportunities to you that fit your preferences as noted in the customized
model.
- If you are interested in any of
these companies, we will introduce you to these franchisers so that you can
begin to learn more about them.
- You will conduct a thorough
investigation of the franchises that you are interested in. We will help you
throughout this process. If, after your research, you decide to purchase a
franchise, we will help you find sources for financing, franchise attorneys,
CPAs, and any additional help that you might need.
PROGRAMMER: in the back
end of
www.worldsourcecenter.com the other programmer made a special
FAQ's section which organizes itself. Take a look!!!
|
FAQ
|
|
|
| 1 . What
are the advantages of buying a franchise? |
| 2 . Will
I make a lot of money owning a franchise? |
| 3 . How
do I advertise on your site? |
| 4 . What
are the costs of advertising? |
| 5 .
Changing or updating account details |
| |
| 1 .
What are the advantages of buying a franchise?
|
| Franchises have a much higher success
rate than independent businesses. That is because franchises come
with a pre-designed, proven formula fo success. Franchisees enjoy
the continuous support for the franchise, including tips on
marketing, training, and management. |
| Back
To Top |
| |
| 2 .
Will I make a lot of money owning a franchise?
|
| Fortunately, potential franchise owners
have an easy and accurate way of finding out their potential for
success. Franchisors will always supply prospects with a complete
listing of all franchisees' names and phone numbers. Prospects are
expected to call as many franchisees as they need to get all of the
answers they need for questions regarding profit, advise, surprises,
the franchisor, etc. |
| Back
To Top |
| |
| 3 .
How do I advertise on your site?
|
| "If youre a professional advisor
specialising in buying or selling businesses such as an agent,
broker or intermediary and would like to list your businesses,
please complete the registration form and follow the online process.
Once registered, youll be issued with a username and password. This
will allow you to sign into an account maintenance page where youll
be able to track and maintain your listings. Brokers register here"
|
| Back
To Top |
| |
| 4 .
What are the costs of advertising?
|
| "The costs of advertising on our site
vary, depending on the country you are based in, the number of
businesses you are looking to list and (in some cases) the types of
businesses you represent. For further information, please contact
our Customer Services team who will be able to advise you on the
best package or service for your business. Contact Customer Services
Alternatively, please complete our registration form and follow the
online process. Brokers register here" |
| Back
To Top |
| |
| 5 .
Changing or updating account details
|
| "In order to change or update your
account details you will need to sign in to your account with your
username and password. Once youve signed in you can track and
maintain your adverts, update your details and upgrade your
advertising. Sign into your account Forgotten your username or
password?" |
| Back
To Top |
| |
|
Bruce and Jay Oberlender have been involved in
the real estate business for over twenty years. Beginning as young
entrepreneurs, they quickly discovered a passion for business
management while also recognizing the importance of the buyer-seller
relationship. The two brothers soon became involved in property and
real estate management, closing the deals on some of Manhattan’s
largest properties. Today, WORLD SOURCE CENTER is among the
fastest-growing business brokerages in the United States,
with hundreds of franchise offices around
the world.
OUR PRINCIPLES
1.
Hard Work
At
WORLD SOURCE, you can expect your
broker to work his or her hardest to ensure that your transaction is
as smooth and successful as possible.
2.
Time and Money Management
We
believe that nothing is more valuable than your time and money when
buying or selling a business. That is why we choose brokers who we
are proud of to get the job done quickly and efficiently.
3.
Honesty
At
WORLD SOURCE, the client always
comes first. That is why we will treat you with the respect and
honestly that you deserve.
4.
Support
We are committed
to providing you with our most genuine and useful support, while
still giving you the freedom that you desire.
5.
Open-Mindedness
While we feel
confident in our capabilities as brokers, we still believe that the
customer has the right to be an integral member in the buying and
selling process. |
| |
|
