All Press Releases for May 04, 2023

Transworld Business Advisors Recognizes the Global Brokerage Community on National Business Broker's Appreciation Day

Leading business brokerage franchise launches social media campaign to fuel conversation around the important role of business brokers



"Business brokers have helped countless entrepreneurs maximize the outcome of their business sale transactions," said Andy Cagnetta, CEO of Transworld Business Advisors.

    WEST PALM BEACH, FL, May 04, 2023 /24-7PressRelease/ -- In honor of the second annual National Business Broker's Appreciation Day, Transworld Business Advisors®, the world's largest business brokerage franchise, is putting a spotlight on the business brokerage community and its ongoing efforts to bring buyers and sellers together for profitable sales. Transworld Business Advisors created the national holiday in 2022 as a way to recognize the vital role business brokers play in protecting the health of the economy.

To celebrate, the company launched the #BrokersKnowBest social media campaign aimed to fuel conversation among business brokers nationwide and promote the value these professionals bring to business sales. Starting today, brokers can participate by sharing their best piece of advice or lesson learned throughout their career on social media, tagging Transworld Business Advisors and using the designated hashtag #BrokersKnowBest.

"Business brokers have helped countless entrepreneurs maximize the outcome of their business sale transactions," said Andy Cagnetta, CEO of Transworld Business Advisors. "Their expertise in navigating the process is unmatched and has undoubtably contributed to the steady rise in small-business sales following a drop in 2020. For this, and their tireless work to ensure a smooth process for both buyers and sellers, they deserve the utmost thanks and recognition and we're thrilled to celebrate them on National Business Broker's Appreciation Day."

While inflation surged and interest rates hiked in 2022, according to BizBuySell, the business for sale market showed modest growth with closed transactions up 4.7% over the previous year, representing a 19% gain since 2020. With high buyer demand and more buyers entering the market, the momentum is expected to carry throughout 2023 as buyers continue to seek profitable companies with growth potential.

Bill Luce, President of Transworld Business Advisors, said, "The growth we've been experiencing, both internally and overall within the industry, is a testament to our franchise owners and network of advisors. On National Business Broker's Appreciation Day, we recognize them and the broker community at large, for their efforts to guide clients through complex transactions and make sure the right buyer is matched with the right business."

Transworld Business Advisors builds teams of franchise owners who facilitate business investments and opportunities for entrepreneurs to grow or expand their existing companies. As part of Starpoint Brands™ family, the franchise division within the United Franchise Group™ (UFG), Transworld offers its franchise owners unsurpassed access to an extensive network of global resources and more than four decades of expertise in the franchise industry.

For more information about Transworld and owning a Transworld franchise, visit www.tworld.com and www.tworldfranchise.com.

About Transworld Business Advisors
Transworld Business Advisors® (TBA) is among the Starpoint Brands™ constellation of trusted companies representing the very best in their industries. With over 40 years of business brokerage experience, Transworld Business Advisors is in the business of helping buyers and sellers connect, conducting franchise consultations, and supporting franchise development. The company represents acquisition-minded corporations or individuals interested in owning their own company or franchise. From business brokerage to mergers and acquisitions, Transworld Business Advisors are business sale specialists that represent numerous listings across multiple industries. For more information about Transworld visit www.tworld.com and for information on owning a Transworld franchise, visit www.tworldfranchise.com.

About Starpoint Brands
A family of trusted brands representing the very best in their industries, including retail, food & beverage and professional services, Starpoint Brands™ is the mark of quality for customers. It brings together a constellation of brands within United Franchise Group™ (UFG), including Signarama®, Fully Promoted®, Transworld Business Advisors®, Venture X®, Office Evolution®, Network Lead Exchange™, The Great Greek Mediterranean Grill® and Graze Craze®. A brand under the Starpoint Brands division is one that business-to-consumer and business-to-business customers can be sure will provide the ultimate in service, reliability and value.

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