You have decided to break out on your own, to become your own boss. Now it is time for the business search stage of your journey.  What kind of business will be right for you?  Here’s how to start:

Think about what industry you would like to work in.

Do some general research in the fields where you have some practical experience, and try to narrow the choice of industries where you might buy a business down to one or two.  Then search business listings online within these industries to get a general idea of what’s available.

Hire a business broker.

A business broker has access to business search sites that you may not be able to get, they know of businesses that are not yet on the market, and they can market you as a buyer to the business sellers they know.

Try to find out as much as you can about your desired industry.

In every sector, there are positives and negatives to business ownership.  It is important during the business search process to try and discover what these positives and negatives are so you are not surprised later on down the line.

No matter what industry you end up in, it is important to think about your goals when beginning your business search.  Let your business broker help you determine what businesses might be right for you, and then follow up by finding out everything you can about that particular type of business.  By starting your search this way, you are sure to end up with a business you love.

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com