Choosing The Right Franchise & Business Broker

Tony Kereluke • September 3, 2018

Choosing The Right Fit Broker & Filtering Through All the Franchises & Businesses Available in Canada

When a buyer starts the process and looks at exploring businesses of what is available to purchase can be a frustrating task at times.

There is often times a lot of junk available and often times not enough quality to look at. One must be patient and sift through options and businesses that are on the market. A solid broker can guide you through things to breakdown what you as a buyer are looking for. Get to know your broker and let them know what your passion is and what you enjoy. Try not to just focus on the profit all the time. As when you are enjoying a business often times the profit follows.

Choosing a solid broker often times should not cost you any upfront cash other than your time. As most brokers are paid by the businesses and franchises like we are at Top Shelf Franchising.

So take your time talk to a broker who knows business. See if these brokers have owned a business and what type of experience they have. Brokers should be seasoned and know business. Our team of brokers and associates all have entrepreneurship DNA built in their past, and have owned many businesses before. We as a top shelf team can relate to how you feel and what type of journey this is to find the right business. So take your time and the road to acquiring a business is a long cycle and there is no rush.

Top Shelf Franchising Team

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What's Trending? Businesses With Cash Flow & Hard Assets/Safe Haven's With the recent turmoil in stocks correcting and swinging around like a yo yo in a kids playground. Individuals & smart money investors are seeking out hard assets/ small businesses & franchises with cash flow. I receive hundreds a calls a month from buyers looking for cash flow and focused on hard assets. This sounds like a solid simple plan of attack and is working for a select group of smart money investors. Safe haven demand is at the highest level in a very long time. No one knows what will happen tomorrow or next month with the market or economy so why not take control your own future this way. If you are looking to diversify away from financial instruments and be in the drivers seat of your hard earned work. Why not start a side hustle? Or partner up to buy a franchise business in a great location? Or add onto your existing business portfolio and purchase another business. This I am seeing a demand in calls & especially over the past 6 months. I am a big fan of physical bullion gold and silver and have invested a great deal in this space over the past 5 years and returns are there. Here is a chart of Gold 5 year and one year as of MSN money app in USD funds. Gold Per Ounce 3405 USD ‎+81.80 (‎+2.46%) Today USD PAST YEAR • AS OF MAY 6, 10:05 A.M. EDT ‎+1,073.20 (‎+46.04%) USD PAST 5 YEARS • AS OF MAY 6, 10:06 A.M. EDT ‎+1,659.10 (‎+94.98%) USD While the S +P index YTD to date is seeing a loss YTD YTD • AS OF MAY 6, 10:06 A.M. EDT ‎-282.47 (‎-4.80%) 33.40 Silver Per Ounce ‎+0.90 (‎+2.76%) Today USD PAST YEAR • AS OF MAY 6, 10:01 A.M. EDT ‎+5.99 (‎+21.89%) USD YTD • AS OF MAY 6, 10:02 A.M. EDT ‎+4.12 (‎+14.08%) This type of hard physical asset is yours only and holds no counter party risk. It is recommended to have safe storage in higher amounts & can always be sold and turned into a fiat currency anytime you wish. It's a flight for safety and a safe haven, and is working as world fiat dollars de-value with inflation chewing away slowly at it. One suggestion is to not do what everyone else does. In fact you may want to look at the opposite first. Then do your own due diligence. While I do not give out financial advice you are welcome to speak with your advisor who most likely will not talk about gold or silver or investing into a small business and will push there financials instruments so they can obtain a fee from there bank. So it is important to talk to many others in different fields. Try not to trust one source to park your cash or plan your retirement. It's just too risky to let it all ride on whim of a financial instrument and hope it keeps going up. As there is nothing better than controlling your own destiny in life. Master your own destiny is the way to go and work for it and build it they will come.