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Questions and help when buying or selling a business or franchise

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Business and Franchise Buyers You Have Been Invited

Calling all business/franchise buyers!! First and foremost, thank you for being a BizON user. BizON would like to invite you to participate in a focus group. Date: Tuesday, November 5, 2019 Time: 7pm 8pm Place: Calendar invitation with address will be sent to those who are selected to participate (it will be in Vaughan, Ontario, Canada). Registration is first come, first serve as we have a cap of 10 participants. For all those that attend we will be providing refreshments and food. Also, you will have a 1 in 10 chance of winning a $100 prepaid Visa. The purpose of the focus group is to get a better understanding of why you want to buy a business and your journey thus far. We want to know your story. At BizON we believe in the power of being a business owner and entrepreneur, this is why we spearhead hundreds of local, national and global conversations around entrepreneurship through acquisition. Moreover, this focus group will help us identify and refine our marketing messages and materials so we can attract more qualified, captive and engaged buyers like you. The information obtained during these focus groups will remain confidential. As mentioned, all participants information will be used to help design BizON marketing messages, materials, activities and events. The focus groups may be recorded however, these recordings will be transcribed removing any identifiers, so that none of the participants are identifiable. The original recordings will be destroyed after this is done. You are welcomed and encouraged to ask the host how your personal information is protected. If you have any questions regarding the focus group please email BizON here: support@mybizon.com or if you would like to participant, please register here: https://forms.gle/Z3yuhnS3kG5ing6a6 The information that is obtained from this focus group provides valuable information that will lead us to understand our buyers and their journey to business ownership. We appreciate your time and consideration. - The BizON Team

Oct 17, 2019 13:06

posted by BizON Support

0 Responses

3

Just wanted to say hi

Hi all, Just wanted to say hello :) and thank you SO much for using BizON. I've said this before, but its super important to step back and reflect on the meaning of what we're doing, and how humbled and honoured we are to be part of your journey. We may not be sending people to space, but at BizON we are helping people wake up every day, loving what they do whether it's retiring after the sale of a business, or because they just bought a business that suits their lifestyle. We genuinely believe in the power of being an entrepreneur and business owner, and this is extremely important to us. With that said, if you are considering the sale of your business please check out this recent blog: http://blog.mybizon.com/10-must-do-things-before-putting-your-business-up-for-sale/ Wishing you all the best. Nunzio

Sep 25, 2019 09:06

posted by Nunzio Presta

1 Response

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We offer fresh cut bank instrument for lease such as BG, SBLC

We offer fresh cut bank instrument for lease such as BG, SBLC, MTN, Bank Bonds, Bank Draft, T strips and others. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options. This offer is opened to both individuals and corporate bodies. Description of Instrument: 1.Instrument: Bank Guarantee (BG)/SBLC 2.Total Face Value: MINIMUM 1MILLION EURO/USD - MAXIMUM 100BILLION EURO/USD 3.Issuing Bank: HSBC London or AA rated Bank in Western Europe or USA. 4.Term: One Year, One Month 5.Leasing Price: of Face Value plus 0.5% Lessor agent [Closed] & X% Lessee agent (open) 6.Delivery: SWIFT TO SWIFT 7.Payment: WIRE TRANSFER 8.Hard Copy: Bonded Courier within 7 banking days. Thank you. jaya hamzah For further inquiries: Contact Email : jayahamzah37@gmail.com skype:jayahamzah37

Jun 06, 2019 07:32

posted by hamzah

0 Responses

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BG/SBLC/LC FOR LEASE

We are able to finance your signatory projects and help you enhance your business plan. Furthermore, our financial instrument can be used for the purchase of goods from any manufacturer irrespective of their location. It can also serve as collateral with any bank in the world to secure loans for your project or to activate credit line to finance your business plan. We have {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD} as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed. Email : nat.mandate18@gmail.com Skype : nat.mandate18@gmail.com Regards Nat

Jan 21, 2019 20:43

posted by Nat24

4 Responses

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We offer fresh cut bank instruments for lease and sales

I am a sole mandate of a genuine efficient provider for (BG,SBLC,MTN) & Monetizing Facilities. We have Bg,Sblc,Mtn specifically for lease/sales, and they can be engaged in PPP Trading etc. And are issued from AA rated banks in Europe, USA, Middle East and Asia. And we issue a minimum of 1 million and maximum of 5 billion Euro. For more info: Contact: Mr Utpal Chowdhury Email: chowdutpal@gmail.com Skype: utpal.chowdhury73 BROKERS ARE WELCOME & 100% PROTECTED!!!

Jan 13, 2019 08:03

posted by utpal01

0 Responses

5

Transition planning considerations for franchise owners

Read our latest blog entry from Scotia Wealth Management. Just like other successful business owners, franchise owners need to plan for the eventual transition of their franchise business. As with business owners, advance planning for this helps to maximize the transition value of the business, minimize future taxes, and secure preparation for both expected options and unexpected events such as the sudden disability or death of a franchisee. Read more here: https://bit.ly/2Lt3CYw - The BizON Team

Dec 19, 2018 07:58

posted by BizON Support

7 Responses

3

60 Day Free Trial Noticed

We just noticed that our Premium Franchisor Solution will come with a free 60-day trial so you can rev the engine and see how it performs. Once again, this solution is ideal for master franchises & franchisors looking to find franchisees for new or resale opportunities. BizON is where franchisees search for the right opportunity, so get started by clicking the 'Sell' tab on your dashboard. Best of luck, The BizON Team

Oct 27, 2018 07:34

posted by BizON Support

3 Responses

4

RECIPE FRANCHISING OPEN HOUSE

RECIPE (previously known as CARA) is having an open house and we encourage all our users to go check it out! They represent some of the biggest franchise brands in the world! The Open House is on Saturday, November 3rd from 10:30 AM - 4 PM. Location: 199 Four Valley Drive, Vaughan, Ontario. L4K 0B8 Please RSVP with: Laura Galle 905-760-2244 EXT 2255 E: franchising@recipeunlimited.com See you then!

Oct 03, 2018 15:12

posted by BizON Support

0 Responses

6

Updates to BizON's T&C, Privacy Policy and....

Whenever we update our Terms & Conditions, Privacy Policy or Security and Reliability Safeguard, we're committed to ensuring you are notified. Check them out here: Terms and conditions: https://mybizon.com/files/bizon_terms-conditions.pdf Privacy Policy: https://mybizon.com/files/bizon_privacy-policy.pdf Security and Reliability Safeguards: https://mybizon.com/files/bizon_security-reliability.pdf We understand that these documents are essential to building a lasting relationship with you, and we're committed to doing the right thing and ensuring full transparency on how BizON operates and what we do with the information you've entrusted to us.

Jul 17, 2018 10:05

posted by BizON Support

0 Responses

5

Updating the status of your listing

Just received great feedback from a BizON seller: there is a huge problem with Bizon: you can't delete your listing! To confirm, you can absolutely close your listing. To do so: 1) Click Analyze & Manage on your dashboard 2) Click the active listing you want to close 3) Click Status 4) Update your listing accordingly You also receive these instructions when your listing expires. We value feedback like this as it makes our marketplace better. Setting the status of your listing not only helps our sellers stay organized, but it allows us to improve our marketplace so we can make better connections. Thank you Berta.

May 29, 2018 10:02

posted by BizON Support

0 Responses

3

CASTING CALL FOR BUSINESS BUYERS...

BizON is proud to be working in conjunction with 'Under New Management' a documentary series for CBC about people buying and taking over small businesses. Airing in the fall of 2018 alongside Dragon's Den, 'Under New Management' is hosted by Arlene Dickinson, a highly respected Canadian entrepreneurial icon that can offer guidance and tangible advice to show Canadians that anyone can be their own boss, follow their passion and build financial freedom. Do you know someone who is ready to be their own boss? CBC TV show Under New Management is looking for aspiring entrepreneurs who are ready to buy a small business. Participants will receive coaching from Arlene Dickinson. Click here to learn more and apply: http://info.mybizon.com/under-new-management

Apr 23, 2018 16:14

posted by Nunzio Presta

0 Responses

4

Did you buy a business or franchise on BizON?

We launched BizON Finds ( https://www.instagram.com/bizonfinds ) It is an Instagram account specifically focused on promoting businesses and franchises that were purchased on BizON. Our goal is to highlight the great local businesses and franchises in order to increase discoverability and drive more business to them. Our plan is to collect enough content before posting, so please follow us and let us know of any businesses or franchises that were purchased on our marketplace.

Jan 08, 2018 16:45

posted by BizON Support

0 Responses

6

BizCHATS LAUNCHING NOVEMBER 22ND AT 12PM ET

This exciting digital program takes place on Instagram Stories (LIVE) every Wednesday at 12 pm ET and is hosted by BizONs Founder & CEO, Nunzio Presta. BizCHATS will host expert guest that will provide business advice, guidance & best practices on various business & franchise topics. The goal is to engage in meaningful and insightful conversations with expert guests and YOU! To learn more about how you can engage with BizCHATS, click here: http://info.mybizon.com/bizchats - The BizON Team

Nov 01, 2017 09:21

posted by BizON Support

0 Responses

5

Upcoming Events

We are very excited to announce that we are a national sponsor for the Business Transition Forum ("BTF") again! BTF helps entrepreneurs learn how to successfully EXIT or SELL any business. Hear real-life experiences from other entrepreneurs that have exited and start unlocking the secrets of successful transitions! They have 2 awesome events coming up in Calgary, Canada & Vancouver, Canada: Register for the Calgary event here: http://bit.ly/2ydue8b Register for the Vancouver event here: http://bit.ly/2yqdSds

Sep 20, 2017 12:50

posted by BizON Support

0 Responses

1

Reselling the business just bought!

Dear all, There is a case that a buyer just bought a tailor company, he paid a 50% of the total price, will pay the rest on the handover day. At this moment, the business still run by the owner, but the buyer who decide not going to the business because he is kinda busy, and he will not pay the rest of 50% to the owner. So, he is asking us to find a new buyer to take over the business and he hope he can get the money back from the reselling! At the point, there is a new buyer who feel interest of the business, but the owner don't know anything about it still, I am kind of not sure how to arrange... So, does anyone can give me suggestion how to resell the business and any pitfall I must aware for this circumstance? Many thanks! Ben

Aug 26, 2017 00:41

posted by Benng

0 Responses

6

Be a Revenue Receivable Representative

Anshan Iron & Steel Group Co., Ltd is located in Anshan City, Liaoning Province, China. In promoting international trade and as we expand our businesses coupled with the high demand of our products in in the United States and Canada, a need arise by establishing a representative offices and sales centers in North America. Until such centers are established, we need a credible person or a company (irrespective of the business type) to stand as our Revenue Receivable Representative. The primary responsibility is to receive revenues from our customers on our behalf. Benefits are attractive and since it's more of a part time responsibilities as transaction communications shall be mostly conducted online hence, it will not affect your current job. If interested, contact us via: info@ansteelgroupltd.com Hu Shunliang

May 16, 2017 17:22

posted by ansteel

1 Response

4

Be a Revenue Receivable Representative to Anshan Iron & Stee

Anshan Iron & Steel Group Co., Ltd is located in Anshan City, Liaoning Province, China. In promoting international trade and as we expand our businesses coupled with the high demand of our products in in the United States and Canada, a need arise by establishing a representative offices and sales centers in North America. Until such centers are established, we need a credible person or a company (irrespective of the business type) to stand as our Revenue Receivable Representative. The primary responsibility is to receive revenues from our customers on our behalf. Benefits are attractive and since it's more of a part time responsibilities as transaction communications shall be mostly conducted online hence, it will not affect your current job. If interested, contact us via: info@ansteelgroupltd.com Hu Shunliang

May 16, 2017 10:43

posted by ansteel

0 Responses

7

i m having a list of franchises , their I D .number and value

i m having a list of franchises collected from BIZON .COM The rate starts from 1000/- $ cad to 3,00,000/- $ cad . first of all the rates given in the list are they genuine . 2nd : i need break up what would be the actual rate of the franchise like franchise rate is 10,000/- $ cad so it will include what ? like : tax , franchise fees , lawyer fees ,products from the seller ,for example , suppose if i m buying grocery store franchise , what are the things it will include , or suppose , cleaning or pest service . i'll have to buy chemicals and rent a place . last email you have mentioned 1] E 2 visa 2] financing option to purchase franchise 3] English language. I want you to help me and guide me to get E 2 visa , i have explained above regarding finance options . and my English is O K . i m not interested in america but i would prefer canada . there is religious discrimination in America i m a sikh and its ridiculous that some American don't know the difference between a sikh and muslim . Mr. steve in the last email you have mentioned that you can connect me to a immigration advicers and it is not free , how much do these advicers charge . Most important note : I'm not going to pay anythng online . WAITING TO HEAR FROM YOU THANK YOU PARAMJEET SINGH

Apr 20, 2017 04:10

posted by paramjeet

1 Response

12

Wall Street Deals Get Done Faster Than Small Business M&A

A great question was asked by John Hyde on WhatTheyThink? And I think my answer is something that every entrepreneur and business owner should see. He asked: How is it possible that corporate giants AT&T and Time Warner reach an agreement on the terms of a merger in only two months while many small business owners languish over deals for six months, nine months, or even years? My answer is simple: Corporate giants are more organized, prepared and they engage in effective communication to avoid wasting time. SMEs, entrepreneurs and business brokers should take note in order to move deals quicker! Best of luck selling, NP

Jan 12, 2017 21:15

posted by Nunzio Presta

9 Responses

13

Help for my distressed business

In USA, New Jersey. Me: stupidly thought I could remove 900K from my thriving business to build my dream home without damaging the business. Fast forward to today and I stand to lose both without an investment. Could use a private equity loan or willing to take on partner. There is a lot of debt but with proper level of investment (not as much as you think) turnaround would occur within 9 months or so. 2015 sales: 6 million with a staff of 4 (inclusive of me, not drawing a salary) - we are a wholesale distributor of tools, test equipment, safety and MRO supplies. Two e-commerce websites, ebay store, amazon store and we sell several products directly to Amazon. Company is a proprietorship which expedites the need for a solution. Would like to incorporate after we are fixed.

Jan 03, 2017 12:57

posted by HVACRTOOLS

17 Responses

8

To Grow My Appliance Repair Business Like Sears Home Services?

Hi, I am Anjali from new Delhi, India. I Started Home appliance repair services business in this year, Now I want to create franchisee in other major cities of India. I also has been prepared my self with mob application and web portal to create a system to distribute the leads among our franchisee or associated service partner. But I am confused about the documentation/contract agreements for this network. I need your help to suggest me to grow my business with franchisee network in other cities. Actually i want to create it like sears home services work in that countries. I will be very great-full to you if you can give me advice to handle this network like what will be better to take services from franchisee distributors or other way. How can i reach to right person to allot our franchisee...

Aug 10, 2016 11:14

posted by DelhiRepairs

1 Response

12

How to Sell an Online Business For A Lot of Money

There has always been something exciting to me about building up a business and selling it to a new owner. It gives me a sense of accomplishment. Its not the end all be all, and its not always my goal, but I do find it exciting. Between myself and many friends and business partners, Ive been involved in many businesses that were sold, some of which for quite substantial sums. I get questions all the time from entrepreneurs who want to know how to build a business that they can sell in the future. Ive learned a few things that have helped me along the way. Im going to show you in this post exactly how to sell an online business for maximum dollar. Read more here: http://bit.ly/1S0vQoF

Apr 16, 2016 07:46

posted by Nunzio Presta

28 Responses

17

BizCHATTER RULES AND GUIDELINES

BizCHATTER is dedicated to gathering trending business and franchise questions, insights, and information by BizON members. Simply ask questions or provide answers! Also, upvote or downvote posts so we can highlight the most insightful and valuable posts. Notice: Administrators/Moderators reserve the right to change/edit/delete any content at any time if they feel it is inappropriate. I. General BizCHATTER Rules: Do not: - Flame or insult other members. - Bypass the swear filter or other filters. - Abuse or encourage abuse of the Reputation, Post Reporting, or Private Messaging Systems - Post personally identifiable information (i.e. name, address, email, phone number, etc.) - Post links to phishing sites. - Post spam or Re-post Closed, Modified, Deleted Content. II. The following topics are strictly off limits, including in external links: - Porn, gross stuff, or anything else not safe for work. - Piracy, Leaked content. - *Any* discussion of piracy will result in a permanent ban from BizCHATTER. - Threats of violence or harassment, even as a joke. - Posting copyrighted material. - Soliciting, begging, auctioning, selling, advertising, referrals. - Racism, discrimination. - Drugs, alcohol. - Religious, political, and other prone to huge arguments threads. If you have any questions please do not hesitate to contact us here: https://mybizon.com/contact/ - The BizON Team

Apr 09, 2016 01:00

posted by Nunzio Presta

3 Responses