"Buying a business without guidance is like sailing a ship without a map—you’ll probably end up lost at sea."

A Real Example of a Buyer’s Mistake

Luis decided to pursue the dream of business immigration. His first step? Find a business to buy. Sounds simple, right? Well, buckle up.

Luis, who didn’t speak much English, strolled along the beaches of Miami, hoping to find fellow Spanish speakers. Eventually, he found a few folks who kindly introduced him to people selling businesses. Unfortunately, these businesses were about as appealing as a soggy sandwich. Small, unprofitable, and about as far from his dream as you could get.

After these disappointing encounters, Luis decided to take matters into his own hands—because who needs help, right? He jumped online and found several businesses for sale. However, contacting the owners proved trickier than finding a needle in a haystack. All he could reach were brokers, and the responses were, let’s say, less than encouraging. They either didn’t reply, told him the business had already sold, or sent a confidentiality agreement faster than you could say “buyer beware.”

Luis eventually got a broker to show him a promising restaurant. It was bustling on Fridays—perfect, right? Well, not quite. Thinking he’d do some undercover recon, Luis started chatting with the employees, asking why the business was up for sale. Unsurprisingly, this gross breach of confidentiality didn’t sit well with the broker, who promptly blacklisted him. With no one left to guide him, Luis tried to negotiate directly with the business owners, but it was like trying to herd cats. Frustrated and exhausted, he eventually gave up and left the U.S. without that coveted green card.

This story highlights how overconfidence can lead to one mistake after another, leaving you farther from your goal than when you started.

Common Mistakes Business Buyers Make:

1. Trusting the First Person You Meet: Thinking that casual acquaintances can lead you to a good business is a rookie mistake. If they’re not brokers, they likely have no idea what’s good or bad.

2. Avoiding Brokers: Many buyers think they can do it all themselves. Big mistake. Even if you avoid a broker, you’ll end up dealing with one on the seller’s side, who doesn’t have your best interests at heart. You either waste time or get pushed into a bad deal.

3. Violating Protocol: Ignoring proper steps, like respecting confidentiality, will almost certainly kill the deal. It’s a vicious cycle—make one mistake, and you’ll likely make more.

Fortunately, there’s a company that understands the unique needs of buyers like Luis. INVMAG specializes in business immigration and helps buyers avoid the pitfalls. With a decade of experience, they know what businesses are worth investing in—and which aren’t. They even offer classes to teach you the ropes of business acquisition, from finding real opportunities to crafting the perfect offer.

The Main Thing to Remember:

• Finding a business that leads to a green card isn’t easy. Thousands are competing for the same goal.

• Learning from your own mistakes is costly. Think of the immigration process as a one-shot deal. You don’t get a do-over.

• Laziness and excuses are your worst enemies. Yes, it’s tough, but the rewards are worth it. The classes at INVMAG can help you navigate this complex process.

• Don’t rely solely on your past experience. If you’ve never done this before, you’re bound to make costly mistakes. Learn from the experts

For more questions about buying a business call us +1 (561) 867-7697