How to Find a Business for Sale: Matching Business Types to Your Ideal Working Hours
The hours you want to work can significantly influence the type of business that will suit you best and lead to a satisfying and balanced work life. So, before diving into the financials and negotiations, ask yourself: What hours do I want to work? This simple question can narrow down your options and guide you toward a business that aligns with your lifestyle and personal preferences.
Here’s a breakdown of business types that match different working hour preferences to help you find the perfect business for sale.
How to Find a Business for Sale That Matches Your Schedule
Traditional 9-to-5 Schedule
If you prefer a regular, predictable work schedule, several business types cater to standard business hours. These are ideal for those who value work-life balance and want to avoid late nights or weekend shifts.
Business Suggestions:
- Professional Services: This includes accounting, consulting, and legal services. These businesses typically operate during regular business hours, making them perfect for those who want evenings and weekends free.
- B2B Services: Businesses that provide services to other businesses, such as marketing agencies, IT support firms, or HR consultancies, generally stick to a 9-to-5 schedule.
Why This Works:
- Predictable hours
- Clear separation between work and personal life
- Ideal for those with families or other evening commitments
We had a fantastic call with a buyer this past week who has two small children. He is on the market for a few businesses in the B2B space, not only due to his extensive background in B2B, but also because he wants a decent work-life balance and to ultimately, have a business that practically runs itself by the time his kids are in middle school. Does this sound like you?
Structured and Consistent Hours
Manufacturing businesses often require more structured and consistent hours due to the nature of production schedules and workforce management. These businesses can be a great fit for those who prefer a stable routine and enjoy overseeing operations.
Business Suggestions:
- Small-Scale Manufacturing: This includes custom product manufacturing, artisanal goods, and niche market production. These businesses can operate on a standard 9-to-5 schedule or may have two shifts to increase productivity.
- Large-Scale Manufacturing: Involves the production of goods at a larger scale, often requiring multiple shifts and extended hours to meet production targets.
Why This Works:
- Structured and consistent hours
- Opportunity to oversee production and operations
- Ideal for those with a background in engineering, production, or operations management
Flexible Hours
For those who crave flexibility and want to set their own schedule, online businesses and freelance work offer the freedom to work when you want. This can be particularly appealing for those with busy lifestyles or other commitments.
Business Suggestions:
- E-commerce Stores: Running an online store allows you to manage your business from anywhere at any time. You can automate many processes and handle tasks like customer service and inventory management on your own schedule.
- Freelance Services: Whether it’s writing, graphic design, or consulting, freelancing offers unparalleled flexibility. You can choose your clients and projects, working during your most productive hours.
Why This Works:
- High degree of control over your schedule
- Ability to work from anywhere
- Suitable for digital nomads or those with variable personal commitments
Evening and Weekend Work
If you don’t mind working nights and weekends, the hospitality industry might be a perfect fit. Businesses like restaurants, bars, and entertainment venues typically see their peak times during evenings and weekends.
Business Suggestions:
- Restaurants and Bars: These businesses are busiest during evenings and weekends, perfect for night owls who enjoy a lively atmosphere.
- Entertainment Venues: Owning a nightclub, theater, or concert venue means you'll be working when others are looking to unwind and have fun.
Why This Works:
- Ability to capitalize on peak leisure times
- Opportunities for high revenues during weekends and holidays
- Suited for those who thrive in dynamic, social environments
Seasonal Work
For those who prefer intense work periods followed by extended downtime, seasonal businesses can provide the perfect balance. These businesses operate during peak seasons and allow for significant breaks during off-peak times.
Business Suggestions:
- Holiday Shops: Businesses that focus on specific holidays, such as Halloween or Christmas stores, are highly active during particular months.
- Tourist Attractions: Seasonal tourism businesses, like beach resorts or ski lodges, operate during tourist seasons and can close or slow down during off-seasons.
- Landscaping Services: This business sees peak activity during spring and summer, providing a break during the winter months.
Why This Works:
- Intense work periods with significant downtime
- Ideal for those who want to travel or pursue other interests during off-peak seasons
- Opportunities to maximize revenue during peak times
Aligning Your Business with Your Lifestyle
Choosing a business that aligns with your preferred working hours can lead to greater satisfaction, improved work-life balance, and ultimately, a more successful venture. Before you start the search for the perfect business, take the time to consider your ideal work schedule. Your personal preferences are just as important as market trends and financial projections in finding a business that will not only succeed but also enhance your life.
Here are a few of the businesses that buyers we talked to this week are currently looking at: gym/fitness (ex: crossfit), storage facility, B2B services/technology, landscaping, construction, manufacturing and industrial businesses. All of these buyers are looking within 90 miles of their home and have specific reasons for choosing these types of businesses due to their lifestyle and desires.
So, ask yourself: What hours do I envision for my ideal business? The answer will guide you to a business that fits seamlessly into your life and allows you to thrive both professionally and personally.
