Flippers.pk is set out to be the first ever digital marketplace for business buying and selling. You want to launch a business? It could appear simple, but it is a very complex job. The procedures involved in purchasing and selling a business are frequently difficult and complex. It is not a task that you should attempt on your own, that’s why many people rely on the knowledge and skills of business brokers to streamline each step and increase their chances of a positive conclusion.
We will operate as intermediaries between buyers and sellers of a business. A broker can assist you in finding businesses for sale that meet your criteria, such as location, industry, and size, if you’re looking to purchase an existing business. Flippers.pk is a professional marketplace which will enlist, stage and market your business for before sale. Or we will vet, assess, value and analyze businesses for you to purchase.
You want to launch a business? It could appear simple but trust me it is a very complex job. The procedures involved in purchasing and selling a business are frequently difficult and complex. It is not a task that you should attempt on your own, that’s why many people rely on the knowledge and skills of business brokers to streamline each step and increase their chances of a positive conclusion.
What is Business Brokerage?
Business brokers operate as intermediaries between buyers and sellers of a business. A broker can assist you in finding businesses for sale that meet your criteria, such as location, industry, and size, if you’re looking to purchase an existing business. Basically, business broker is a professional who ensures the success of the selling or buying process, a trustworthy broker will walk their clients through each step. They ask the correct questions to ascertain the client’s needs and the most effective ways to meet those demands. Business Brokers have more contacts than you have. The brokers, in other words, can reduce the amount of legwork to a trickle because they are well-connected in the small company world. Finding leads on your own will take months as opposed to hours. A business broker is a person or organization that aids in the acquisition and disposition of small, downtown enterprises. A knowledgeable business broker will delicately handle and address delicate inquiries and concerns that, if made directly between the buyer and seller, could harm or destroy the prospects for closing a purchase.
Broker industry in Pakistan
In USA, the Business broker annual revenue reported at 1.2billion in 2021. Buying or selling a business with the help of a business broker is a common and trusted practice in international market. The existing Brokerage Markets are not regulated, and there are hardly any official requirements, which further complicates the situation (educational, training, licensing etc.). The major reasons for an underdeveloped business broker industry in Pakistan are:
Your reliable partner for sale and purchase of business
Scope of Services
There is scope of development of business brokerage industry in Pakistan as private equity firms have enormous upside potential in Pakistan, a vast untapped market. Flippers.pk is a digital marketplace acting as a liaison between business buyers and business sellers integrating them for a successful sale/purchase of business. The marketplace will be accessible to everyone, free of cost through web and app both. The interface will be user friendly and accessible.
Below are some services that will be provided:
The company will act integrate buyers and sellers and act as a liaison for deal maturity
The company will negotiate on behalf of buyer or seller to the other party
The company will do due diligence of the business for the buyers, to ensure the business is ready for purchase
The company will evaluate the business and conduct business valuation based on assets, income, goodwill and cashflow.
There is an agreement regarding confidentiality with business broker, for the most part, the broker oversees maintaining the secrecy of your business transaction.
Act as an Escrow Agent
When buying or selling a business a crucial step is secure payment. Both buyers and sellers are extremely cautious about the transfer of funds. The seller looks for a payment before the transfer while buyers wish to either pay after the transfer or pay in portions. The main reason normally is lack of trust amongst two parties.
Act as an Escrow Agent
During the sale of a business, the business broker, several days before the closing date, asks the buyer must deposit the necessary amount. This shows that the buyer really does have the money and that the seller gets paid the amount specified in the contract.
Flippers.pk will offer:
- Three weeks (21 days) of escrow where they will act as an agent
- Money back guarantee: if the either party is unsatisfied the amount will be returned.
Business Match Making
Flippers.pk is Pakistan’s first ever and one and only, digital marketing platform that offers business match making to businesses and startups to find accredited investors, mentors, and business partners. At this platform, accredited investors can find qualifying businesses to invest and grow.
In today’s market foreign investors, foreign venture capitalists and overseas Pakistanis who wants to acquire, invest, or start a business in Pakistan will have the right option available for them to invest in which will bring FDIs in the country.
International Business Expansion
Flippers.pk is the one and only exclusive platform which will provide the buyers a platform for international expansion. Another vertical of this digital platform is international expansion. If you aim to expand your business in USA, acquire E-2 visa and be part of the Wall Street entrepreneurs club in US we will pave a way for you.
- Flippers.pk is a digital platform which will integrate in both web and app systems.
- The apps have a record of individual listings, chats, history, customized search, and encrypted communication