Where
This is an online event.
The Presenter:
Michael P Bush is a Business/Franchise Broker with TransWorld Business Brokers. He and his wife were owners of a Huntington Learning Center Franchise and a Franchise Consulting business. After 23 years in the telecom industry with BellSouth, AT&T, and MCI he reengineered his career to be a Business & Franchise Broker for the last 16 years. He has helped match great people with great Businesses and Franchises. Michael is an active SCORE volunteer with Broward SCORE.
Contact
George Gremse
SCORE Broward
954 356 - 7263
mail@browardscore.org
Office Hours Broward Score:
Monday - Thursday 10:00 am - 2:00 pm
Online Workshop
How To Buy A Business/Franchise in 2020 With The New Normal
Buying a Business/Franchise in the 2020 Pandemic Chaos.
Succeeding at starting a new business has associated risks, even more so in today's uncertain times. Purchasing an existing business can mitigate the risk of starting a new business. Existing Businesses have a much higher long term success rate.This workshop is all about buying a Business/Franchise under new 2020 circumstances. The process has changed due to the following:
- PPP loans on Businesses For Sale with Pay Back issues
- how do you value a business that has been closed for 2 months or more
- is Seller Financing now mandatory
- how will the banks approve SBA loans for businesses that have been closed and are slowly reopening
- what industries are performing well and which ones are a concern
- do I need a business attorney and business accountant and a business broker
- where do I find businesses for sale
- how do I make an Offer and when
- what is the buying process for a business
- how long does it take to buy a business
- are landlords and leases more flexible or more difficult to negotiate
Costs: $15 payable at time of registration.
About SCORE: SCORE is a non-profit resource partner of the Small Business Administration. The Broward SCORE Chapter has been helping entrepreneurs and business men and women for over 40 years to start, develop, and expand their businesses. For more information about how we can assist you visit us at broward.score.org
