[Business News]
Every year, hundreds of thousands of people start businesses. Likewise, each new year brings a wave of business owners that are ready to retire and move on to doing other things.
Up until now, business owners were challenged with what to do with their “baby”—the business they built from the ground up. Today, the Internet has made it easier than ever before for those looking to retire and sell their business to find someone eager to acquire it from them.
“Creating a business from scratch requires hard work and dedication,” explains Mark Huggans, a spokesperson for 1% Business Brokers (http://1percentbusinessbrokers.com), headquartered in Austin, Texas. “When it comes to retiring, business owners of privately held companies usually don’t know where to turn to sell their company and get the most out of their investment.”
Many people simply open the phone book, only to learn that the brokers listed require a large chunk of change from the sale of the business. Instead, many business sellers are now turning to the Internet, and specifically 1% Business Brokers, to reach a larger pool of interested buyer-candidates, and are saving money along the way.
Unlike other brokers, 1% Business Brokers assists retiring business owners in finding someone to purchase their company, and they provide their service for as low as a one-percent fee.
“The last thing most business owners want to do is to sell the business,” adds Huggans. “But there comes a time when we all need to retire and spend our days on the golf course. We help those business owners to make it all a smooth transaction, and to keep more money in their pocket so that they can use it in their retirement.”
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