Interest in buying and growing an existing business increased during the past decade. Several forces drive this shift.
First, many small business owners are nearing retirement. Across the United States, a massive ownership transition is underway.
Over the next 10 to 15 years, hundreds of thousands, and likely millions, of profitable local companies will need new owners. Many founders prefer selling to a capable operator rather than closing a business they spent decades building.
This generational shift is one of the largest drivers behind the growing interest in buying and growing an existing company.
Second, technology made the market easier to see. Online marketplaces such as BizBuySell, Flippa, and MicroAcquire list thousands of businesses for sale. A decade ago most deals stayed hidden inside local broker networks.
Financing also improved. Loan programs from the U.S. Small Business Administration allow qualified buyers to acquire profitable companies with modest upfront capital.
Entrepreneurs increasingly recognize the advantage of starting with real revenue, existing customers, and proven systems. Business schools and investors also promote acquisition entrepreneurship as a practical path into ownership.
For many founders today, buying and growing a company offers a faster path to building a successful business.
If you or somebody you know wants to buy a business, this Monday’s free seminar will prove invaluable.
Open to all aspiring business owners or entrepreneurs across the Delaware Valley region, “Nuts and Bolts of Buying a Business… and Financing It Too!” will unlock the secrets to successful business acquisitions and securing the funding you need to close the deal.
“Subject matter experts in financing and building a business locally will all be gathering in once place to share a brain trust of insight, as well as answer your questions,” said Sherwood Robbins, Managing Director of Seedcopa, which is hosting the seminar at its Chester County Economic Development Council headquarters in partnership with Kutztown Small Business Development Center, the U.S. Small Business Administration’s Eastern Pennsylvania District Office and SCORE.
The seminar will walk participants through the fundamentals of business acquisition, including evaluating opportunities, understanding financials, navigating financing options, and identifying key due diligence considerations.
You’ll gain practical insights into what to expect before, during, and after the purchase process, along with guidance on available technical assistance and lending resources.
Ideal for anyone seriously exploring acquisition as a growth strategy, and individuals seeking to better understand the process of buying an existing business, seats are limited.
Attendees are encouraged to secure their spots for this Monday, March 23, 9-10:30 AM at Eagleview Corporate Center, 737 Constitution Drive, Exton, PA 19341.
“If lingering questions about financing — or motivation to get it done and move forward — have been hindering your progress, this is definitely 90 minutes well spent,” said Robbins.
Seats remain limited, so readers interested in buying a business or learning how acquisitions work should visit the Pennsylvania Small Business Development Center to register and reserve a spot at Monday’s seminar in Exton.
