Considering Business Brokerage Profession? Go to Toronto 2011 IBBA Canada Conference

For the first time ever IBBA is organizing a conference in Toronto. More precisely IBBA Canada, which is the Canadian chapter of IBBA. I personally believe every individual interested in becoming a business broker or agent interested in selling businesses should go, especially if they live in Toronto GTA region.

New Businesses for Sale in the Toronto Area

Very few businesses have come to the market in the last few weeks. I am personally receiving an increasing number of calls from business owners interested in selling. Unfortunately a large number of these businesses are not ready yet to go to market.

The Greater Toronto Area (GTA) Business for Sale Market

While maintaining a focus on the type of business you are looking to buy is certainly a key to making the right purchase, having a too narrow focus can prevent you from finding the right opportunity.

Popular Business for Sale Websites

Business buyers searching the Internet for possible business opportunities will find a variety of websites specialized in the sale of businesses. Bellow are some of the most popular ones in North America:

Blog for Business Brokers

I have recently started a new blog for business broker describing the intricacies of the business brokerage profession. As a business broker in the city of Toronto, I have shared my different experiences selling small and middle market businesses with my fellow business brokers and people who are contemplating the business brokerage profession as a career opportunity.

Buying a Business is not Investment but a Job

As a business broker in Toronto I receive a lot of inquiries from investors looking to purchase a small business as an investment. These investors include Lawyers, Doctors, Real Estate owners, busy corporate executives earning high salaries and others. Returns on the purchase of small businesses look much more attractive than almost any other available investments including stocks, bonds and real estate, and risk seems much smaller.

The Booming Business for Sale Market in The Greater Toronto

Just like the Real Estate market, the business for sale market seems to be booming these days in Toronto. As a business broker in Toronto I can feel that fewer business owners are currently selling their businesses while the number of business buyers has increased dramatically in the past few months and continues to increase.

New Businesses for Sale in Toronto

We have recently added some new businesses available for sale. Please browse the links bellow for more information about these companies:

WHY BUY A BUSINESS IN TODAY’S MARKET?

There is no doubt that the economic downturn has made many potential buyers reluctant to move forward to purchase a business. But in many ways, this is the best time. Because most people are nervous and unsure of what is happening, it is much less likely that new competition will open up until they are sure the recession is over. This means that someone buying an existing business, is unlikely to face competitive pressures for some time.

Selling a Business in Toronto

As a business broker in Toronto, I constantly receive phone calls and email form business owners looking into selling their businesses. Unfortunately, a large number of business owners have a misconception about the reasons why they should sell their Toronto businesses. There is a common belief that you only sell a business when you don't make money or when something is fundamentally wrong with the business. This can not be further from the truth.