Buying A Business

1. Research the Market

Before you buy a business, you should research the market to determine the type of business that is right for you. Consider factors such as the size of the business, the industry, the location, and the competition.

2. Find a Business

Once you have identified the type of business you want to buy, you should begin searching for potential businesses. You can search online, attend business broker events, or contact business brokers to help you find the right business.

3. Evaluate the Business

Once you have evaluated the business, you should negotiate the price with the seller. Consider factors such as the condition of the business, the market value, and the seller’s motivation.

4. Negotiate the Price

Once you have negotiated the price, you should secure financing for the purchase. You can use a loan, an investor, or your own funds to purchase the business.

5. Secure Financing

Once you have evaluated the business, you should negotiate the price with the seller. Consider factors such as the condition of the business, the market value, and the seller’s motivation.

6. Close the Deal

Once you have secured financing, you should close the deal. This involves signing the purchase agreement, transferring the ownership, and transferring the assets.

7. Manage the Business

Once you have purchased the business, you should manage it. This involves setting goals, creating a business plan, and managing the day-to-day operations.

Why Franchising Might Be A Better Option

Buying a business is better than starting a new one because you are buying an operation that is already running and profitable. This can be more expensive because you will have to purchase the business at a multiplier of at-least 3-4x what it brings in annually in cashflow.

With a start-up, you are starting from nothing, and buying a business, you are starting with something as far a revenue is concerned. The common denominator in both these options is you are all alone to build it yourself, no guidance.

The option you might want to consider is Franchising. Just like buying a Subway, you can be part of a larger more successful world recognized and proven business.

Here at ActionCOACH we are looking for individuals who want to become Business Coaching Firm owners. You don’t have to start from scratch because we have over 29 years of systems and processes. We offer a franchise partnership model that allows new partners to start their own firm in their own territory(s).

We have a new membership model that is working really great now. It’s cost effective for businesses owners and it allows new partners to coach groups of businesses at one time. Because of this, it takes about 80 Business members for a coaching firm to generate $1,000,000 in annual revenue. This can happen within your first 12-18 months of business.

This is a firm, so you are not the Technician or a Business Consultant who is solving their issues hands on, you are advising and coaching them to help with long term business growth. Dont worry about experience because we provide you the system, our name, and intellectual property. You leverage ActionCOACH, not yourself. You are in business for yourself but not by yourself.

You can also scale this as wide and far as you want, and even hire coaches and be a passive owner. You can even sell the business just like any other business. To find out more, fill out the form below and one of our Business Development Specialists will be in touch with answers to your questions.

Find Out How To Go Into Business For Yourself But Not By Yourself..

29 year old Small Business Coaching Franchise which gives you the opportunity to operate in Exclusive Territories all over the USA.