The Connect Cape Fear Podcast host, Rob Rens, interviews Joan Loch, Owner of Resource Business Brokerage in Wilmington, NC
About Resource Business Brokerage
Joan Loch, owner of Resource Business Brokerage, has been contributing to the business brokerage world since 2018 when she obtained her commercial real estate license to continue helping businesses. In January 2024, Joan launched her business to help smaller businesses navigate the buying and selling of commercial businesses.
Resource Business Brokerage assists people in buying and selling businesses through a comprehensive process. They offer consultations to understand client needs, perform detailed business valuations, provide buyer and seller representation, and manage the entire process from valuation to closing. Their services include guidance on negotiations, SBA lending, lease assignments, and handling all necessary documents. They aim to ensure informed decisions and smooth transactions for both buyers and sellers.
In the podcast, Joan suggested that when buying a business it should be something that you both enjoy doing and have knowledge about. The three key factors to buying a business include:
1. Making it something you want to do
2. Something that interests you
3. Something within your financial capability
“It should always be a business, not a hobby,” Joan says.