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"Business brokers keep the economy moving and we wanted to call attention to their great value." - Andy Cagnetta, CEO of Transworld Business Advisors
WEST PALM BEACH, FL, May 04, 2022 /24-7PressRelease/ -- Transworld Business Advisors®, part of United Franchise Group™ (UFG) family of affiliated brands and consultants, is a global network of brokers who facilitate the buying and selling of businesses and commercial real estate. In recognition of the professionals who play a vital role in protecting the economy's health, Transworld Business Advisors has created National Business Broker's Appreciation Day, to be celebrated annually on May 4th .
Company leaders announced the observance to great excitement from the more than 200 brokers attending Transworld Business Advisors' National Conference in Denver, Colorado, prior to the International Business Broker's Association Annual Conference.
Andy Cagnetta, CEO of Transworld Business Advisors, said, "We're thrilled to create this holiday to give business brokers the recognition they deserve. Business brokers are the matchmakers of the economy, bringing buyers and sellers together and ensuring they're a good fit for each other. They keep the economy moving by helping to keep businesses in the right hands, and we wanted to call attention to their great value."
Small-business sales are showing steady growth after a drop during the pandemic. According to BizBuySell, which tracks and analyzes small-business data, sales rose by 24 percent in the first quarter of 2022. Analysts say demand for buyers is growing as many Baby Boomer-age owners look to retirement and decide to sell. As a result, the median sale price of a business is now a record $345,000, up 6 percent over the previous year.
Bill Luce, President of Transworld Business Advisors, said, "This day is all about our franchisees. Transworld Business Advisors has experienced tremendous growth because of our hard-working, dedicated network of advisors, and this holiday is just one way we want to show them our appreciation for all they have accomplished."
National Business Broker's Appreciation Day is set aside to praise the men and women who help steer clients through this complex transaction, negotiating paperwork and processes and making sure the right buyer is matched with the right business. In addition, the holiday celebrates the hard work of the business broker, who provides the professional services that successfully bring buyers and sellers together and make their business dreams come true.
About Transworld Business Advisors
Transworld Business Advisors® is part of United Franchise Group™ (UFG) family of affiliated brands. With 40 years of business brokerage experience, Transworld Business Advisors is in the business of helping buyers and sellers connect, conducting franchise consulting, and 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 information about buying or selling a business visit, www.tworld.com and for information on owning a Transworld franchise, visit www.tworldfranchise.com.
About United Franchise Group
Led by CEO Ray Titus, United Franchise Group™ (UFG) is home to an affiliated family of brands and consultants including Accurate Franchising Inc.™, FranchiseMart®, Franchise Real Estate™, Fully Promoted®, Preveer™ (formerly Resource Operations International), Signarama®, Transworld Business Advisors®, and the Coworks™ division consisting of Network Lead Exchange™(NLX), Office Evolution® (OE) and Venture X® as well as a food division featuring Graze Craze®, Jon Smith Subs®, and The Great Greek Mediterranean Grill®. UFG affiliated brands include over 1600 franchises in more than 60 countries, with consultants that have helped develop over 350 brands into franchises, in over 80 countries with more than 2500 franchisees. With over three decades in the franchising industry United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.
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