Tuesday, July 29, 2014

The Weirdest Products On ABC's Shark Tank

Florida business broker ideas

ABC's Shark Tank is in its fifth season -- and still going strong. The reality show challenges entrepreneurs, and small business owners to pitch a product or business concept compelling enough to get attention from "the sharks." In other words, the contestants come on the show hoping a small group of successful millionaires and billionaires will invest in their company to help get it off its feet. What are some of the most unique business investment opportunities featured on the show?

The Solution To Americans' Biggest Struggle

People from all across the country have been struggling with the same thing for years and years. Whether they get lost in the dryer or stolen by mysterious creatures while you're asleep, everyone loses their socks -- and usually just one sock in any given pair. One company, Throx, is out to change the world. Throx sells socks in groups of three, instead of pairs, solving Americans' age-old dilemma.

Make Fights With Your Spouse Even Worse

In special cases, the sharks will purchase businesses outright, acting without a business broker. Business brokers, intermediaries, or business transfer agents help negotiate the value of a company -- a luxury entrepreneurs on Shark Tank typically do not have. With or without a business broker, the sharks were not interested in buying a business selling stuffed elephants for $60. Of course, it's a special stuffed elephant. "It's a stuffed elephant that's crammed into a plexiglass case with a metal cover. When you have a beef with your spouse, you take off the cover so there's an 'elephant in the room,'" NPR explains. Spouses or partners can also pass the elephant, symbolizing that it is their turn to speak.

No Man Cave Is Complete Without A Man Candle

What is one of the strangest new business opportunities? One man insists scented candles, including cotton-scented and fresh rain candles, smell too feminine. For that reason, he developed candles that smell like bacon, football, new car, pot roast, and golf courses.

On the show, successful business owners choose whether to consider new business investment opportunities (or sometimes consider buying businesses completely). The man candles and awkward elephants, however, did not fare well.

No matter how far fetch some of these ideas seem, they still display a unique level of creativity which is a fundamental strength of many entrepreneurs. For a business broker having a unique business opportunity to sell  can often attract buyers who are not just looking for another pizzeria or retail shop. Truforte Business Group is one of the Florida business brokers who enjoys the challenge of finding a market for almost any kind of business.

Tuesday, July 15, 2014

Advertising a Florida Business for Sale

Contacting a Florida Business Broker is the best place to start whether you would like to advertise a Florida business for sale or buy a Florida business. For the seller, hiring a Business Broker to handle the sale of the business, allows the seller to continue with the

operation of the business while the Broker performs the task of advertising the business for sale, finding the buyer, working through the due diligence process and scheduling the closing and transition period. Having a Broker handling the transaction ensures the sale is kept confidential, and therefore creates a seamless transition for both the buyer and seller. A Business Broker will use confidential methods to advertise a Florida business for sale without disclosing names and locations to the general public, employees, vendors or competition. This is extremely important in the Florida business for sale process, and can include any number of methods.

Direct Contact Marketing

One of the most delicate and successful approaches for marketing a Florida business for
advertising a Florida business for sale
sale involves direct marketing. In this approach, direct industry contacts are made which include competition and strategic Buyers in vertical markets. A Business Broker is usually necessary for this approach as it requires a great deal of skill and tact to maintain the confidentiality and protect the seller’s business, trade secrets and other confidential information.  In many instances deals structured in this way can be much more lucrative for the both the buyer and seller.

 Internet Advertising

As in other industries, the internet has largely become the largest single source of bringing Buyers and Sellers together by the advertising of a Florida business for sale online. Literally dozens of web sites have popped up over the years, some of the more prominent include, www.TruforteBusinessGroup.com and www.BizBuySell.com . Through websites such as these, Florida Businesses for sale can be confidentially marketed and advertised nationally as well as internationally. In addition, regional Business Broker Associations, such as the Business Brokers of Florida will have MLS web sites that are used. These MLS sites are used between brokerages to share information and cooperate on business transactions. A large percentage of the businesses for sale in Florida, are in fact sold by cooperating brokerages working  together.

Print Advertising

Print advertising is not used as widely as it once was, but successful campaigns for advertising a Florida business for sale are still possible. The most effective campaigns are those carried out by a Business Broker, who can reach a potential market while still maintaining the confidentially. This is most successfully done through direct mail and industry publications or associations. For print to be successful for advertising a Florida business for sale in today’s market it requires a more targeted approach than the days of placing a classified ad in the newspaper.

Once a seller has made the decision to sell a business, it is advised that the advertising of a Florida business for sale be left to the professionals. Florida Business Brokers at Truforte Business Group have the experience and knowledge to carry out a successful advertising and marketing campaign. There is much more involved than placing a couple ads on your favorite website. The process requires the gathering of information and sorting through the facts, recasting financial data and putting together a marketing package that will attract buyers. The proven methods are designed to protect seller interest and keep the sale of the business confidential, and take both the buyer and the seller to their ultimate goal.

Tuesday, July 1, 2014

How to Buy Commercial Property

According to reports from the International Data Corporation, small businesses in the United States provide 60 to 80% of all business opportunities. Such statistics can make owning a business seem like an attractive option. Unfortunately, buying a business or purchasing commercial property for sale can often be fraught with difficulty.
Buy a commercial property
Statistics show that estimated 90% of all business sale transactions in the United States fail. However, buying and selling a business can be made easy by hiring a business broker. Business brokers offer a number of services for those who are looking to buy a business or have commercial property for sale. They primarily advertise businesses for sale and market these business investment opportunities to potential buyers, but also help arrange the sale itself by helping to create an open line of communication between the buyer and seller. They may also help negotiate the sale of the business for the party offering commercial property for sale and draw up the necessary paperwork. Because of the varied nature of their work, business brokers are often referred to as "business transfer agents" or "intermediaries." Additionally, in some states, including Florida, business brokers are required to hold a real estate license to practice their trade legally. This means that they are trained to facilitate property sales and can provide a better chance at a successful business sale for both the buyer and the seller. Don't risk losing out on the chance to own your own small business: hire a business broker.