Realizing the Dream

Many employees see owning a business as a way to achieve freedom, flexibility and financial independence. While these upsides are certainly possible, so are significant downsides. Business ownership typically involves long hours and financial risk that can be harrowing to those with limited or no experience.

Many employees see owning a business as a way to achieve freedom, flexibility and financial independence.

For a healthcare management professional and new father, the potential advantages made the move to business ownership worth considering. “We’d just had our son and I soon realized that between regular office hours, bringing work home and evening or weekend meetings we had very little time as a family. I needed to be able to schedule my work around my family, not the other way around. We knew owning a business meant lots of hours, but we thought the right business would give us some flexibility.”

“I needed to be able to schedule my work around my family. We knew owning a business meant lots of hours, but we thought the right business would give us flexibility.”

Travis Kellett, founder of Bridgepoint Business Brokers, is seeing this situation more and more often. “Time is becoming more important to people than money,” Kellett says. “But even those who understand the time and commitment required may not have any experience with things like business valuation, negotiation and financing. It’s extremely easy to make the wrong decision or get bogged down in details.”

When the couple contacted Kellett about a Bridgepoint business listing, “… we expected a sales pitch, but we never got one. Travis wanted to understand us … our backgrounds, what we wanted from a business, our experience with business and financing. He immediately got how important the time to be with our new baby was to us.”

“We expected a sales pitch, but we never got one. Travis wanted to understand us. He immediately got how important the time to be with our new baby was to us.”

Based on this understanding, Kellett began searching for a good business fit for the couple. He soon found several possibilities. After discussing the pros and cons of each with the couple, they decided to move ahead with an offer.

“We felt very confident with Travis on our side. He made negotiations simple and we agreed to terms quite easily,” says the couple. “The same was true of the bank and financing. Travis knew how to talk to the bank and got us a great loan. We expected the financing to be an arduous process but thanks to Travis it all went smoothly.”

“Travis knew how to talk to the bank and got us a great loan. We expected the financing to be an arduous process but thanks to Travis it all went smoothly.”

Find out how Bridgepoint Business Brokers can help you realize your dream of owning your own business. Call Travis at 306-979-8750, email info@yourbridgepoint.ca or visit us online at www.yourbridgepoint.ca.