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Buying A Business In Sydney Is An Exciting & Potentially Very Rewarding Journey of Discovery!

First, Consider What's your Motivation to Buy a Business?

At some stage in their lives most people aspire to owning their own business. Motivations for this include;

  • income greater than present,
  • the flexibility of being your own boss
  • controlling your own destiny
  • building future wealth and security
  • recognition of achievement from family, friends and piers

People buy businesses for many different reasons and understanding your motivation is critical. Equally for us, understanding you as the buyer is essential to finding the best business opportunity for you and your current circumstances.

The buying process is a journey of fact finding, analysis and discovery.

Which Local Business is for You?

If you are seriously looking to move into your own business we need to talk. We will assist you to determine the best business to fit your motivations. We take into consideration all the variables to match you with the right business.

Finding a business is not as easy as it sounds, you may think you know what you are looking for however have you fully considered your business aspirations against your skills, personal traits, financial capacity and lifestyle goals?

Our experience is that more than 50% of buyers who make an enquiry against an advertised business listing buy a different business from that initially enquired on.  Often for first time buyers, in a different category of business to their initial thoughts.

A competent broker will guide you through your journey, remain dispassionate with any emotional attachment you bring, to practically and realistically lead you through your journey to find the right business for you, ensuring you have the best possible chance of success in your new venture.

 

Why use a Sydney Based Business Broker?

A business broker is a professional who has specific training and experience in helping people buy and sell businesses. Legally and ethically the broker can only act for one party in a business sale transaction, either the seller or the buyer. However a competent business broker is a match maker who project manages stakeholders through a complex series of processes which results in the transfer of ownership from the Seller (Vendor) to the New Owner.

A professional broker is experienced in dealing with all potential stakeholders in the business transfer transaction - buyers, sellers, landlords, franchisees, licensing bodies, financiers all of whom can have roles and influences in the success or failure of the process of buying a business. As required we are well connected to introduce any professionals who may be needed to assist parties to the transaction.

A business broker is a licensed professional has the specific training and experience to help both parties through this complex process. At Transact Group we're not only based in Sydney, we're Certified Practicing Business Brokers and Members of the Australian Institute of Business Brokers the peak body representing the profession in Australia.

At Transact Group our philosophy from a buying perspective is:

“the successful sale of a business only occurs if the buyer is comfortable with their decision to buy – the sale is the outcome of navigating a complex process”

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I have made use of the services of James Taylor to sell two businesses in the last few years. Throughout the process I have found James to be professional, knowledgeable and thorough. James was able to find high quality prospective purchasers who were financially capable and ready to purchase my businesses. James has a vast network of contacts and maintains regular communications and updates throughout the sale process. James was able to use his wealth of experience and professional network to guide me through to a successful sale for both businesses. I have already recommended James to several of my business colleagues and would not hesitate to do so again in the future.

The business was in a growth stage, so that meant there were hundreds of enquiries. James’ seasoned experience was demonstrated in the way he methodically worked through the enquirers weeding out the time wasters, and qualifying the real potential candidates. The process of selling this business was drawn out on the back of the recent tougher constraints on lending from the banks. As such, I believe James spent a lot more time on the sale than his fee had allowed for. Yet he did this with unwavering enthusiasm and continued head strong into meeting after meeting with potential clients, all in after business-hours... James stood by and saw it to the end. Many times when buyers become a little bewildered  or disillusioned, James’ keen advice to the other side kept them on track. I could not recommend his service any more, it really is a cut above the rest. 

I was very impressed with our Business Broker, James Taylor. James was very professional in all his dealings and guided me smoothly right through the entire buying and franchisor approval process. He regularly communicated with me and allowed me to draw on his excellent knowledge of small business and franchising. I would recommend him to others who are considering buying or selling a franchised business.

James helped to sell our business and was a pleasure to do business with. From his initial consultation he provided a professional service to the highest quality. His personal knowledge of the Franchise Systems helped to find and guide our buyer through the whole process. I fully recommend James to anyone looking to buy or sell a business.

Toby has provided tremendous support throughout the whole purchasing process, and exceeded all my expectations as a buyer. He has gone out of his way to facilitate between multiple parties and move things along, and the purchase could not have been completed without him and the team from Transact.

Throughout all stages of our business acquisition Garry was extremely professional and ensured consistent communication between all parties involved.  Not only was he very responsible in all of our dealings, but he also offered broad advice, guidance and the support we were looking for based on his knowledge and experience across a number of industries. Throughout the process Garry was a great sounding board for us and always available at any time.  Without hesitation, we would recommend Garry and the Team at Transact Business Sales to any future client and are more than happy for any potential clients to get in contact with us directly for any additional feedback on Garry.