Connecting Baby Boomers with Business Successors

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Who Are We?

LegacyBizConnect is a comprehensive online platform that assists baby boomers in selling their family businesses by connecting them with potential business successors. Our platform offers a unique set of services and tools designed to streamline the business sale process while ensuring a smooth transition and the preservation of the family legacy.

Customers

Baby Boomer Business Owners

The primary customer segment consists of baby boomer business owners who are looking to sell their family businesses and secure a successful transition to the next generation.

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Potential Business Successors

We also cater to a secondary customer segment comprising individuals or entrepreneurs seeking business acquisition opportunities and are interested in purchasing family-owned businesses.

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Key Activities

Profile Creation

Business owners can create detailed profiles of their family businesses, highlighting key information such as industry, history, financials, and unique selling points.

Matching Algorithm

We employ a proprietary matching algorithm that considers the preferences and criteria of both business owners and potential successors to facilitate accurate and relevant connections.

Communication Tools

Our platform provides secure messaging and communication channels, enabling business owners and potential successors to interact, exchange information, and negotiate sale terms.

Resource Library

We curate a resource library with guides, templates, and educational materials to assist both parties in navigating the business sale process, including valuation methods, due diligence checklists, and legal considerations.

Revenue Streams

Subscription Fees

Business owners can subscribe to premium membership plans, granting them access to enhanced features, increased visibility in search results, and priority matchmaking.

Success Fee

Upon a successful business sale, LegacyBizConnect charges a percentage-based success fee from the business owner.

Key Partnerships

  • Business Brokers: Collaborating with business brokers and intermediaries allows us to tap into their expertise and extend our reach in the market.
  • Legal and Financial Professionals: Establishing partnerships with legal and financial professionals enables us to provide expert advice and support to business owners and potential successors throughout the sale process.

Customer Relationships

  • Personalized Support: We offer personalized support to both business owners and potential successors, guiding them through the platform, answering inquiries, and addressing any concerns they may have.
  • Community Engagement: LegacyBizConnect fosters a community environment where business owners and potential successors can connect, share experiences, and learn from one another.

Channels

  • Online Platform: The primary channel for accessing our services is through our user-friendly online platform, accessible via desktop and mobile devices.

Cost Structure

  • Technology Infrastructure: Investment in the development and maintenance of a secure and scalable online platform.
  • Marketing and Advertising: Utilizing various digital marketing channels and targeted advertising to reach both business owners and potential successors.
  • Operational Costs: Staffing, customer support, and administrative expenses.

By providing a dedicated platform to facilitate connections between baby boomer business owners and potential successors, LegacyBizConnect streamlines the business sale process, empowers successful transitions, and ensures the preservation of family legacies.

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