Posted:13-April-2023
Is the positive economic news your green light to open a business?
According to the 2023 spring budget, recently announced by Chancellor Jeremy Hunt, the UK is likely to avoid a recession. He is focussing on reducing inflation and debt, and delivering long-term, sustainable growth in the economy. With changes to pensions and IT/equipment tax offsets, this is also anticipated to support growth. Great news for business owners, and those considering buying a business.
With this more positive outlook on the horizon for the economy, it could well be the green flag some people were waiting for, before they were ready to invest in a business for themselves. You included, perhaps? There are many routes to achieve this, but let’s look at two which may impact you and us: investing in a Transworld Business Advisors franchise, and helping clients to purchase a business.
The Transworld Business Advisors franchise
Franchising is, in itself, a strong route into business ownership, as it allows you to take a model which is proving to work, and build on it for your own success. This is something Transworld Business Advisors’ network of franchise partners has been achieving since 1979.
As a global franchise brand, more than 260 franchise partners have chosen to invest in starting a business with us, and not looked back. They’ve taken full advantage of our business model, our training and support, and even collaboration opportunities with others in the network, to grow a business which offers six-, seven- figure deals for clients.
What do we do? We support business owners who want to exit their businesses, for a variety of reasons, and connect them with entrepreneurs looking for the right business to buy. And, the reason why we’ve become successful lies in the tens of thousands of businesses we’ve helped to sell. We’ve spent time crafting a process which works, and brings about the best result for all parties involved in the sale.
As you’re reading this blog, you have a unique opportunity to invest in your own Transworld franchise, and help to boost the economy, by keeping businesses open for the long term.
Helping clients buy a business
The positive outlook is also great news for your new Transworld office, as it provides a mixture of opportunity as people start to make the move towards business ownership. In much the same way as you, they perhaps have been waiting for the green flag, before they implement any new plans. Now they’re ready, as a Transworld Business Advisor, you’ll be able to help them take steps to find the right venture, through your new business.
As you start to connect with your local business community, you’ll build relationships with third party referrers, such as accountants and lawyers, who can point you toward the right businesses to sell. Through these connections, and through the wider Transworld UK network, you’ll soon be able to match the right buyer to the right seller.
Of course, we don’t expect you to know what to do straight away. Upon completion of the initial training programme, the Transworld franchise support team will be on-hand to mentor you through your first couple of sales. As you grow in confidence and experience, you’ll quickly learn what will work for you and your clients, as your business grows.
Interested and want to know more about Transworld Business Advisors?
The Transworld Business Advisors profile outlines all aspects of their franchise opportunity and allows you to contact them for further information or to ask a question.
