I want to be "famous", do you have any advice? (market research, acquisition)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Ok, not really. But some of you may have read my market research thread about my business broker business. This is a continued discussion. One thing I notice about business brokers is, they(try to) sell every and any business a business owner wants to sell. Many times the business should not be sold, not every business is worth buying or selling. One thing I want to do is become known or "famous" in my local area for selling a certain kind of business.
I know a guy the only sells Dental practices and I also know a guy that sells Gas stations only, they are known("famous") as the specialsts and therefore they set themselves apart from other business brokers that do not have a "specialty". I want to have a specialty as well but I am unsure what business to sell. I want to sell business that people actually want to buy and not "junck". I will be selling businesses with $2mill to $10mill in anual revs.
It seems to me like there could be a growing market for businesses that are relocatable. You could specialize in finding a business that someone could relocate to where the live, possibly to merge with an existing business.
That might also give you the opportunity to help with the transition. A service like that could be very valuable, especially if the buyer has never purchased a business before.
If you wanted to specialize even further you could work on finding businesses that would complement and expand a company's current business. That way you could have clients that you could assist several times as their business grew by acquisition.
Or, become a franchise specialist and help people start their own restaurant chains. All chains (be they restaurants or other types of mall stores) start with one and go from there.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
