Post about "offices"

Are Only Bad Businesses For Sale?

There are many legitimate reasons to sell a good businessAs a business broker in Thailand, or anywhere for that matter, the first question we are often asked after presenting a business for sale is: “If this business is so great, why would the owner be selling it?” It’s a good question; so let’s explore why someone would sell a good, healthy, and profitable business.Obviously we have all seen less-than-desirable businesses for sale or businesses that aren’t making enough income for the owners. But there are also many businesses up for sale for reasons completely unlinked to profitability, growth, potential, and overall business health. Business transfer industry statistics have proven, time and time again, that the number one reason a business owner is selling a business is boredom or the loss of the original excitement and challenge in their business.Remember that most business owners, especially those who started their business from scratch, are born entrepreneurs. This means that they love the challenge and excitement of a new venture and strive to make the business reach a certain level of success. Often, when this business reaches that level, the business only requires minor management to keep it going successfully, and the challenge and excitement are no longer there for the owner; thus that original luster that inspired the owner is lost. They become bored and begin to look for new challenges.This is a great situation for you, the business buyer, to walk into as you are getting a business that has been built to a level where it’s successful. Now you can come in and take over the helm, allowing the seller the freedom to go out and find that new venture. It’s a win-win situation.Many of us, including sellers of good businesses, have families and other influences in our lives that pull us in different directions. Sometimes the health of the seller, a death of a family member, a divorce, or the birth of a new child can also be a catalyst for a business owner to make the decision to sell. This again can create a win-win situation that allows you as the buyer to get into your dream business, while allowing the seller the freedom needed to attend to other parts of their lives that are often times more important than their business.Currently, we are all facing a global economic recession which has also changed many aspects of our lives. Being that a business can often be one of the most valuable assets in a business owner’s life, a need for cash can also prompt him to make the move from owner to seller. This can happen for many reason and means that a buyer can often get a good business on great terms. In times like these, liquid cash is highly valuable. Savvy buyers know this and should be able to use the opportunity to strike a good deal on a great business that may have not been possible before.We must all remember that everyone has different needs and motivations. As Bangkok-based business brokers, we strive to offer the most desirable businesses to our buyers by only representing businesses we would consider buying ourselves. We realize that most buyers are looking to supplement or increase their income, equity, and net worth through the acquisition of these profitable businesses; and it shows in our Thailand business-listing inventory. Whether you are a buyer looking for a solid business and/or a new challenge or you are a business owner with a good business to sell, we at Elite Business Group are happy to help you reach your goals.For more information or to view business opportunities and Thailand’s best businesses for sale, please call us at +66(2)-658-5588 or visit www.elitebusinessthailand.com