By: Brian Garvin
Submitted: 2008-07-01 08:25:06 | Word Count: 506
There is a lot of work that goes into the buying and selling of businesses. It is a far more complicated process than the buying or selling of a home or vehicle (not always simple endeavors either). If you were trying to find a business to buy you might think about looking through the businesses represented by Empire Business Brokers. This is also a good company to look into if you are hoping to learn more about selling businesses.
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.
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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.
