Should I buy an existing business or start from scratch? | Swift Acquisitions, at Swift Staffing

guys I'm here with my friend Maya Schwartz from Swift Staffing I'm I'm sitting here with his team amazing team there's something very exciting that just opened up a new division which is called here we have Swift Acquisitions Swift Acquisitions basically everybody knows I'm busy all the time showing showcasing new businesses new stores but everybody wants to know how do people know who wants to sell how do people know who wants to buy businesses it's not public news it's not like listing a house on a market that's why we have Mr marovitz he's just open up this new Division I think there's a huge need in I myself have tons of people especially now the Market's a little bit you know shifting and people want to sell their businesses want to know how much it's worth and people ask me sometimes I know the answer sometimes I was successful selling some businesses but I think there's a huge need of somebody really should take it to the professional way here we have Mr my robitz what's your first name shimi shimi tell us a little bit about your company 100% I've worked in business brokerage for a few years and Acquisitions for a few years it is a very big need in the high Mish community so many great entrepreneurs out there but they don't really know where to go where to start you have a business you don't know what it's worth you don't know what to do with it if you're just going to post the business online you're going to have hundreds of people calling you they're asking you questions driving you up the wall they're not serious about buying the business call us one phone call one email info@ Swift Acquisitions group.com we will take a look at your business we'll run through the numbers we'll make it presentable to sell we'll bring you a great buyer we'll help you with every step of the process from The Lending process till the end we'll make it an easy process if some if you want to buy a business to help your business grow what Swift Staffing stands for business growth we will help you buy an amazing business with employees if you need employees after the purchase of course you have Swift Staffing you'll hire employees we're there for every step of the way business growth is our name amazing now one more question I want to ask you how do you T SE what do you say to a customer who wants to buy a business how do you see the the value of the business I mean just look at how much profit he made what happens if let's say the business didn't make any profit in last year to do you 100% so I don't want to get too far into the weeds but a business has two real costs there's the fixed costs the back end that you have to pay your insurances your overhead your rent and then there's the variable costs which are a lot lower I don't want to get too into both sides of that but when you swallow up another business and you already have your back end you basically get to eliminate their fixed costs and you only have the variable cost so even if they were doing $500,000 of sales but they weren't doing so much profit you can take those 500,000 of sales with all the expenses that you already have and you can bring a much higher bottom line it's a great way for a business to grow to scale quickly and we'll be there to help you do it amazing one more question what do you recommend a uh uh somebody who wants to open a business from scratch or versus buying of an existing business so I've opened businesses and bought businesses and I would definitely recommend buying a business a huge percentage of businesses that you open fail now again doesn't have the the cost of buying a business but there are financing options with the SBA they'll Finance up to almost 100% of the business cost so we help you go down that Journey but I mean everything's in place you buy businesses that are 30 years old they have employees they have a customer base they have a book of business they just sometimes it just needs a better management managing skill or better that sometimes the GU better employees which I guess your company is also involved with 100% we'll help you with the employees we'll help you with the growth sometimes guys are just they're not able to run it even if it's a great business we just spoke with a restaurant owner who lives in Lakewood but he's commuting to Bar Park every single day his business is doing amazing but he doesn't like to commute every day 2 hours so he's ready to sell this is you know one of the one of many reasons of why someone would want to sell and it's a great opportunity all right now let's go to sty grimfeld um which your department is recruiting recruiting which Swift Staffing is known for finding people jobs finding businesses of the the right employees now Sly question to you in such challenging times when so many businesses are struggling and so many people are losing their jobs and people are looking for jobs like like Le before why should somebody call up a recruiting company when they're looking for an employee when you can they can just go and put up an ad out there and just find thousands unlimited employees uned great question and half of the answer is what you said when you're going to put put a post out there you're going to get unlimited applicants and this is something no one can deal with it's a nightmare for for business owner it's a nightmare it's a headache and that's part of what we do we filter out we make sure you only get the qualified people that's number one number two you want to have especially in market like this you want to make sure you get the best of the best so you need someone who knows how to first present your business understand what your needs are and then understand each individual what value they bring so you get the best employee for your business so it's actually as important as ever to make sure you get the right people in the door and this is what we do we have people different locations so you can have a huge Powerhouse working for you amazing all right suly what's the phone number if someone switch out to Swift guarding selling buying a business or recruiting acquisition it's all one Under One Roof 732 800 7633 you're going to be directed to the expert to serve you with your specific needs