AllExperts > Mergers & Acquisitions 
Search      
Mergers & Acquisitions
Volunteer
Answers to thousands of questions
 Home · More Mergers & Acquisitions Questions · Answer Library  · Encyclopedia ·
More Mergers & Acquisitions Answers
Question Library

Ask a question about Mergers & Acquisitions
Volunteer
Experts of the Month
Expert Login

Awards

About Us
Tell friends
Link to Us
Disclaimer

 
 
 
 
About Robert Doblmeier, M.Sc.
Expertise
I am happy to answer questions about Small Business Sales i.e. Small businesses with Gross Sales in the 250K to 50 million dollar range. The business must be privately or closely held(no publicly traded companies).

Experience
Why me? I am a full time business broker with a 14-year history in real estate in New York and Florida. I taught the New York State Licensing course for 2 1/2 years. I am the winner of VRs’ Prestigious Bronze Award for 2006, and a major reason my office won the Centurian Award in 2006. After just seven months in this office, I closed the deal that resulted in the largest single commission in our offices’ history, a record that stood for over 1 full year. I am an instructor for the Small Business Development Administration, teaching a course I designed and created called "How to Buy a Business". I am a Certified Networker and have won the Notable Networker Award three times in one year. I am also an instructor for the Referral Institute, teaching the Referral Pipeline course. In 2006, I was nominated to the Presidents' Business Advisory Council on Small Business. Most importantly, I have amassed a large database of recognized professionals that can facilitate your transaction.

Organizations
The Referral Institute, Business Networking International, International Business Brokers Assoc., German American Business Council,

Publications
Small Business Development Corp. and various private newsletters.

Education/Credentials
B.Sc. Stockton College, M.Sc. Long Island University,

Awards and Honors
Centurion Award for 2006, Bronze Award for 3Q 2006, Recognition for the First SBA loan done in the Office.

Past/Present Clients
I can not , for reasons of confidentiality name past or current clients. I can name industries where I have facilatated a transaction: marine, furniture, beauty industry, education, food service, automotive, home improvement, construction, and tax industry.

 
   

You are here:  Experts > Business > Corporate Law > Mergers & Acquisitions > I don't want to franchise

Mergers & Acquisitions - I don't want to franchise


Expert: Robert Doblmeier, M.Sc. - 9/4/2008

Question
I am wanting to expand my home improvement company but I do not want to take on the cost of franchise.  Do you know of any other alternative means of expanding that does not require franchising?

-Chris

Answer
I am wanting to expand my home improvement company but I do not want to take on the cost of franchise.  Do you know of any other alternative means of expanding that does not require franchising?

Chris, I hate to sound like a lawyer but how Much  do you want to expand?  There are several ways to expand and each has benefits and drawbacks.  You have ruled out franchising;  but  you were unclear as to why.  If, by franchising, you mean you do not want to buy INTO a franchise. That is only one option. There other option is to “become” the franchise.
The other traditional ways are simply to add selected skilled employees, thereby being able to offer more services, reflect that in your marketing and wait for additional business to come in.
A larger scale of that is to buy a currently functioning complimentary business to add capacity and territory to your business.
You could also merge your business with someone else’s becoming each others partner.
Once you decide what you want to do and why, and what you don't want to do and why, then I might be able to give you a clearer, more definitive answer as to which is the best choice.
Please feel free to write me again.  

Add to this Answer   Ask a Question


 
User Agreement | Privacy Policy | Kids' Privacy Policy | Help
Copyright  © 2008 About, Inc. AllExperts, AllExperts.com, and About.com are registered trademarks of About, Inc. All rights reserved.