How to Buy and Sell a Business: What You Need to Know to Prepare | Tony Khoury #33

Описание: What does it take to build a business worth selling?

In this episode of Shop Talk with Radiate Prints, Taylor Walden sits down with Tony Khoury, the owner of Transworld Business Advisors in Greenville, NC and Wilmington, NC. Tony refers to being a business broker as his “third act”. Before helping people buy and sell businesses, Tony was a business owner himself. He was an electrical engineer, and one of the owners of The East Group with locations in Raleigh and Greenville, North Carolina before exiting in 2018.

In this episode, we dive into:
-How to Buy a Business: Did you know you could buy a business that generates $1M in revenue each year with only 5% down? Tony shares real examples of how people buy businesses
-How to Sell a Business: According to Tony, it takes 6-8 months to sell a good business. He tells us why, and how entrepreneurs can prepare their business to sell in the future
-What Makes a Business Worth Selling: Tony has practical advice on which areas of your business to focus on so that when you want to sell, you’re ready
-Pursuing Passions: Tony refers to this chapter of his life as his “third act”, a combination of his passions for business, real estate, and eastern NC, and why it’s important for people to find what they love to do

This episode is perfect for aspiring entrepreneurs, business owners who have considered selling their business soon or at retirement, or anyone who has ever considered a major career change later in life. Tony’s heart for the people of Eastern NC is evident, and he’s a great resource for entrepreneurs in our community.

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