Buying and Selling Businesses: Insights from a Business Broker with Matt Friscia

Matt Friscia, the owner and manager of Transworld Business Advisors of La Grange, joins us talk to about buying and selling businesses.

Matt Friscia is the owner and manager of Transworld Business Advisors of La Grange. With over 1,800 women opening businesses every day in the U.S., we’re excited to dive into the intricacies of buying and selling a business with a seasoned business broker. As a former business owner who worked with Transworld Business Advisors himself, Matt brings a wealth of experience to the table.

In this episode, Matt offers a realistic overview of what it looks like to work with a business broker, demystifying the process for those considering a new venture or looking to sell their business. From funding options and tax considerations to the day-to-day reality of business ownership, we learned so much from his insights. Tune in and gain a deeper understanding of the realities of buying and selling businesses from a seasoned expert.

 

Here’s some of what we discuss in this episode:

 

  • How Matt moved from corporate America to pursue a career in business brokerage
  • The role of a business broker, the diversity of businesses Matt works with + some misconceptions about buying businesses
  • The intricacies of buying businesses, including down payments, seller financing, discretionary earnings and more
  • The preparation, listing process, and emotional aspects of selling a business
  •  Funding options available for those interested in purchasing a business

 

Learn a little more about Matt:

 

Prior to owning his own business, Matt spent 15 years in the media sales industry working with The Disney Company and ESPN. After buying and significantly expanding an in home senior care franchise, Matt successfully sold is business and is now one of the owners of Transworld Business Advisors in La Grange. He and his current team of eight brokers help clients buy, sell, franchise, and valuate businesses. Transworld Business Advisors of La Grange helps to super serve the underserved with businesses under $10M or referred to as “MainStreet” business brokerage. Matt resides in the southwest suburbs of the Chicagoland area with his wife and two children, and volunteers his time with community organizations like the Lemont Park Foundation and the La Grange Business Association. A fun fact about Matt is that he’s a musician that has played professionally for years as a drummer!

 

Episode Links:

 

Where you can find Matt:

https://pursestrings.co/professional/business-advisor/illinois/la-grange/matt-friscia/

Start a conversation with Matt about his services provided in business brokerage

https://www.linkedin.com/in/mattfriscia/

Transworld Business Advisor

https://www.tworld.com/agent/mattfriscia/bio/

Active Listings

https://www.tworld.com/locations/lagrange/buy-a-business/active-business-listings/