Business Consultants – Client Interest Above their Own

An easy way to distinguish consultants or advisors from brokers is consultants and advisors give impartial advice based on the best interest of clients while brokers act like a third party. Think of advisors as individuals who consult with business owners or entrepreneurs on information that will help them make sound business decisions – like buying or selling. Consultants in the business realm can help clients with information related to legal matters, economy and commerce, best practices used in specific industries, current or common trends and threats, and offer an unbiased opinion of reality.

Working with a consultant regarding the sale or purchase of a business or franchise can be a great asset to individuals who aren’t sure when – or even if – they wish to pursue small business entrepreneurship. Business advisors have specific skillsets, experience, and knowledge relating on the topics involving with business. Many consultants will adhere to a specific process or strategic implementation so their clients can know what to expect from the partnership. Business advisors and consultants make their careers out of helping clients make decisions that are beneficial and profitable, not the other way around.

Business Brokers – Intermediaries Between Buyers & Sellers

While advisors offer consultation and support direct to clients, brokers operate on behalf of the transaction. Brokers are professionals who function as the point of communication during the sale of a small business. They’ll act as mediators during the transaction by working with both the buyer and the seller to develop the terms and conditions of mutual acceptance. Think of brokers as process handlers focused more on the final sale than on the personal or professional interests of the client on either side.

Brokers usually represent properties as a whole or portfolio. It’s their job to sell (though, buyer representation via broker is increasingly becoming common practice) property as an individual broker or as a partner in a brokerage firm. Whereas a business advisor is sought after by individual clients looking to buy or sell a business, business brokers are often able to pick and choose clients based on industry, location, or net worth. It’s possible for brokers to specialize in healthcare, or retail, for example, while not representing the vast world of small business as a whole.

TransWorld of Minnesota: Business Consultants for Both Parties

We specialize in people. We represent buyers and sellers alike, and serve a multitude of industries ranging from agriculture to specialty niche businesses and services. We are business consultants who always act on behalf of our clients’ best interests regarding the transaction or logistics they’re involved in. We have a proven process for selling businesses as well as buying businesses because each is a separate entity accompanied by its own special circumstances and nuances.

When you’re ready to buy a business, your Transworld advisor will get to know you, first. We’ll cover your goals and your fears, and assess the industry you’re interested in. Maybe you just know you’re ready for entrepreneurship but don’t know in which direction. As a personal business consultant to you, we’ll help you narrow it down and define the right business plan. On the reverse, if you’re currently at the helm of the business or service you own and are considering selling, Transworld of Minnesota will partner with you to find the right, most qualified seller in a timeframe you’re comfortable with.

We are more than brokers; we are advisors. It goes without saying – we’re professional, we’re proven leaders, we’re compassionate, and we’re confidential. Transworld of Minnesota – we’re consultants for you.