Sunday, November 10, 2024

Dear Business Broker Partner!

"We make a living by what we get, We make a Life by what we give" Winston Churchill

SBEN or The Small Business Exchange Network, strongly believes in what business brokers do and is NOT formed to compete in the share of businesses for sale with brokers.  We believe business brokers facilitate and provide tremendous support in complex transactions and help keep, both the buyer and seller informed and on track through a very serious and life altering journey.  In fact, SBEN is looking to partner with business brokers to identify the millions of businesses that do not fit their listing criteria and will not sell in the traditional model to refer them to feature on SBEN.

If you are a business broker reading this, we invite you to please help any "solo venture" or owner operated small business, that you believe will be difficult to sell, to feature them on SBEN for a takeover candidate.  Gradual takeover and transition, with mentorship and training, is the best strategy to recover the true value of these businesses, SBEN believes.

We strongly believe in doing whats in the best interest of the small business owner.  Knowingly listing businesses you know that will not sell or qualify for funding just to have listings, may look good on the surface, but it is contrary to why you do what you do! 

Regards,

Aftab Jiwani, Life long small business owner.
www.SBEN.com

"The best way to find yourself is to lose yourself in the service for others", Mahatma Gandhi

Friday, November 8, 2024

The Small Business Exodus:  Millions of Businesses Are Vanishing - Here's How to Stop It.

Imagine a world where millions of thriving small businesses don't just disappear when their owners retire.  For years, "solo ventures" or "solopreneurs" –  consultants, freelancers, independent contractors, tradespeople, online businesses, and small shop owners – have faced a heartbreaking dilemma: what happens to your business when you're ready to move on?  Traditional business brokers often fail to deliver, leaving countless businesses with no clear path forward.

But there's a better way...Introducing SBEN, the Small Business Exchange Network, a revolutionary platform designed to help you find the perfect successor and ensure the continued success of your business. We're not just another broker; we're a media company with a mission to connect passionate entrepreneurs with those who dream of owning their own business.

Why SBEN? Because Your Business Deserves More Than a "For Sale" Sign.

Think of SBEN as a matchmaking service for your business. We understand that your business is more than just numbers on a balance sheet; it's your legacy. That's why we go beyond traditional sales transactions to facilitate a smooth transition and ensure your business thrives for years to come.

Here's how SBEN works for you:

For Sellers:

  • Showcase Your Business: We feature your business on our streaming network (SBEN.tv) and across popular platforms like Apple TV, Roku, and Amazon Fire TV, reaching a vast audience of potential buyers.
  • Find Your Ideal Match: We help you connect with qualified candidates who share your values and vision for the future of your business.
  • Smooth Transition: We provide attorney-prepared transfer agreements and escrow services to ensure a seamless handover.
  • Earn Ongoing Income: Enjoy a gradual exit strategy that allows you to continue earning income while mentoring your successor.
  • Preserve Your Legacy: Ensure your business continues to serve your customers and community.

For Buyers:

  • Access a Curated Selection: Explore a diverse range of profitable businesses, hand-picked for their potential.
  • Receive Expert Guidance: Get mentorship and training from experienced owners to ensure a successful start.
  • Step into a Turnkey Business: Take over a ready-made business with established customers and operations.
  • Achieve Your Dream: Become your own boss and build a fulfilling future.

Ready to take the next step?  Visit SBEN.com today and list your business for free!

It's Easy to Get Started:  Listing with SBEN is simple. Just answer 5 quick questions about your business, and you can even record a short video about yourself and what you do. We'll handle the inquiries and connect you with potential buyers.
Remember: This is not a traditional business sale; it's a gradual transition and takeover. You'll recoup your agreed-upon business value over time, ensuring a secure and comfortable future.
"Patience earns interest, and impatience pays interest." If you've built a successful business, your life's work can continue to generate income for you while providing someone else with the opportunity of a lifetime.
Join the SBEN community today and let's build a brighter future for small businesses together!
Visit www.SBEN.com to learn more.  We welcome partners who share our mission and believe they can help facilitate these vital business transfers. Contact us today to explore collaboration opportunities.

Wednesday, November 6, 2024

SBEN - Small Business Exchange Network

Introducing S.B.E.N. (Small Business Exchange Network)

Very excited and humbled to formally introduce SBEN to the world!  I want to take this opportunity to clearly articulate, The Why!  Why SBEN?  What problem it aims to solve and impact.  How it will serve a large segment of small businesses transfer & transition and lastly, what separates SBEN's approach from how small businesses are currently bought and sold.

Definition of Insanity, “Doing the same thing over and over again and expect a different Result".  is what comes to mind, when i see the process of business buying and selling today.  Only 1 out of 5 small businesses that are listed for sale by brokers and all other intermediaries today, will actually sell.  And these broker listed businesses only reflect less 20% of all US businesses. 

Let me start by saying, SBEN is NOT a business broker SBEN does NOT seek to be another intermediary, that represents business sellers for a "commission" upon a successful sale or charge a "fee" to potential business buyers to qualify them as serious buyers or to sell some "insiders training course" to qualify or prepare them for select "exclusive" opportunities or "off market" deals.

Let me also say, SBEN strongly believes in what business brokers do and is not competing to take the share of businesses for sale listings away from brokers.  Business brokers facilitate & support complex transactions and help keep, both the buyers and sellers informed and on track through a very serious and life altering journey.  SBEN looks to partner with business brokers to identify the millions of businesses that do not fit their listing criteria. 

80% of small businesses that a business broker will encounter, will not fit the criteria of a sellable business, SBEN is here to help showcase those businesses.  If you are a business broker reading this, I invite you to partner with us and help "solo ventures" or owner operated small business find a takeover candidate through SBEN.  SBEN will do same for you, when we come across situations where the business owner would be better served with services of an experienced business broker.  We strongly believe that helping preserve economic value and making a difference in people's lives is why we all do what we do!

SBEN is a media company with a very focused mission to match owner operated "solo ventures" with take over candidates that are aspiring to be self employed, a sentiment expressed by over 50% of all working Americans!  Thats it!  This is SBEN's mission & purpose.

SBEN

As you can see in the image above, out of the 33.3 million small businesses in the US, over 27 million are without employees or are "solo ventures".  This astronomical segment of US small businesses desperately lacks a platform, a community or a "Small Business Exchange Network" to credibly and securely feature & profile their businesses to recruit, mentor and train potential takeover candidates.  According to industry estimates, an overwhelming majority (over 80%) of these "solo ventures" will NOT transfer beyond their current owners, leading to a tremendous loss of economic value and financial hardship for these business owners, whose life savings and earnings are tied in their business.

Unlike traditional business broker led sales transactions, SBEN will feature and highlight these businesses on its streaming network, SBEN.tv, along with Apple TV, Fire TV, Roku, Amazon Fire TV and both IOS and Android mobile app platforms, along with all of our social media channels.  The goal is to help match you, the current business owner, with an ideal takeover candidate.  There are millions of "solo ventures" that want to transition out of what they have built, whether it is retirement, illness or just burnout.  And on the other side, there are individuals & families that would like to be self employed and aspire to be their own boss but lack the financial and other asset resources to buy with cash and or qualify to borrow, but are willing to work hard and invest their "sweat and time".  SBEN's mission is to bring them together and keep the businesses operating and serving the customers and communities that depend on them. 

If you are a "solo ventures", business owner and are considering transitioning out of your business, visit S.B.E.N. dot com and let us list and feature your business today.  Listing with SBEN is easy, you will answer 5 quick questions.  You can also record a short selfie video about you and what you do along with some pictures, if you like. We can help.  Thats it!  S..B.E.N. will even answer and screen your calls and email inquires for you.

Just remember, this is not a traditional business sale, it is a gradual transition and takeover.  You will recoup your agreed up business value over a period of time.  SBEN will make available attorney prepared transfer agreement, along with escrow services to make the transfer smooth, secure and efficient.  One of my favorite quotes is "patience earns interest and impatience pays interest".  If you have truly built a good "book of business", your life's work and your legacy will allow you to continue to earn an ongoing income and allow someone else to realize their dream of self employment and we at SBEN believe that is a win for us all!

This is the purpose and mission of SBEN.  Visit www.SBEN.com for more information.  We are all very excited about the mission and welcome partners that share in the mission and believe that they can further help SBEN in facilitating these business transfers.

    Regards,
    Aftab Jiwani, life long small business owner!
    www.SBEN.com
    www.SBEN.tv

P.S.  SBEN allows potential business takeover candidates (individuals seeking to takeover an existing business with determination and a strong work ethic) to signup and set alerts on categories for types of businesses they are interested in taking over.  If you are interested in taking over an existing business and are determined to be self employed, visit www.SBEN.com and sign up for alerts.  Honesty, determination and a strong work ethic is all you need to be matched with a business of your dreams!






Labels: , ,