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A Review of Empire Business Brokers

Posted by John Man | Business Brokers | Wednesday 25 November 2009 9:49 am

Empire Business Brokers is a network of business “brokers” who are all working to sell businesses and franchise opportunities as well as working as consultants for people who are trying to buy an already existing business or franchise. This company has over seventy offices throughout the United States, Central America, Spain and Mexico. This company is more than a simple business “flipping” operation.

The company offers individuals who are looking for a new career the opportunity to start their own Empire Business Broker office. Do not be fooled though-this is no “get rich quick” scheme. This opportunity requires a significant amount of time, energy, work and money investment to get off the ground.

Empire Business Brokers offers potential brokers training and the franchise promises that investors will realize a return on their investments within a year of opening operations. They will have access to profit centers and the consultants who work in them.

They will also have access to the always growing databases of franchises and businesses for sale as well as the database that lists the people who are hoping to find the perfect business to buy. As broker with Empire Business Brokers, you will receive training and marketing support on an on-going basis by the other successful brokers in the business.

This is not a quick decision. The start up capital is between twenty five thousand and fifty thousand dollars. Hopeful brokers need to fill out a Franchise Application Form and then begin a dialogue with one of the company’s Directors. If you meet all of the requirements you will then visit the corporate offices in Buffalo and meet with the company President as well as the company’s Directors. From there, you will begin to work on the franchise deal.

Obviously, once you have been granted permission to open your own franchise office of Empire Business Brokers, you are able to hire employees and pay them commissions on the businesses that they sell, but how you do that is up to you. You might work best as a sole proprietor.

This is not a company that you should enter impulsively-in fact, you can’t start your own brokerage impulsively, the company is not set up that way. If you can afford the startup capital and you have some sales talent and don’t mind working very hard to get off the ground, you could do very well as an Empire Business Broker. In fact, we encourage you to open your own business if you think you have what it takes.

Reasons You Should Hire A Business Broker

Posted by admin | Business Brokers | Thursday 29 October 2009 9:06 am

In fact for all business owners the business is the constant prevailing thought in their head. That brings us to the first reason why he or she should hire a business broker when it comes time to sell the business. In word, it is perspective. As a business owner you are so close to it that it is almost impossible for you to look at the business objectively, especially as a potential buyer might see it. This is probably the single most valuable quality that a business broker would bring to the table. Why is objectivity important? It is very important to objectively develop an understanding the value of a business without being jaded by the prism of day to day operational hassles, history of past issues/troubles and the usual entrepreneurial woes.

Seasoned business brokers also bring a lot of experience in the art of negotiating and deal structuring that a first time business owner has never been through. There is virtually no other area where experience plays such a vital role, than in buying a business or in selling a business. In addition if you are dealing with a franchise for sale, business brokers can provide you with loads of information of similar transactions that will help you structure a proper transaction.

Having a business broker on your side can also be of great source of psychological strength for a first time business owner. Selling a business is no more stressful than going through a personal separation like a divorce or losing a loved one. Brokers typically act as great personal coaches at time of such anxiety and strain, thanks to their experience in similar situations.

As a proud business owner, when you take the step of selling your business, hopefully you have lined up a trusty business broker to be by your by side, as you climb that ladder. If you are prospective business buyer and you are exploring options to buy a business, you should strongly consider a business broker as well for the wealth of experience they provide.

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