SBEN officially launched the Small Business Exchange Network (SBEN), a media company designed to assist small business owners—especially sole proprietorships—in transitioning their businesses to the next generation of entrepreneurs. Unlike traditional business brokers, SBEN provides a new and transparent platform for business owners to connect with the right people to borrow money from.
With more than 27 million privately owned businesses in the United States, representing more than 80% of small businesses, many entrepreneurs face significant challenges in changing ownership. Industry estimates indicate that most of these businesses fail to transfer successfully, resulting in a significant loss of economic value.
“SBEN is NOT a business broker,” said Aftab Jiwani who is the founder of SBEN and has been a small businessman all his life. “We are here to facilitate the gradual transfer of ownership in a way that will benefit business owners and those seeking self-employment opportunities. Our goal is simple: to help businesses continue to thrive by connecting them with people who are ready to take them to the next level.”
Important features of SBEN:
1. No Commission Based Fees
SBEN provides a cost-effective solution by eliminating commission-based fees for both sellers and buyers, setting itself apart from traditional business brokers.
2. Business Exposure Broadcast Network
By using SBEN.tvavailable on platforms such as Apple TV, Fire TV, Roku, and Amazon Fire TV, business owners can showcase their businesses to a wider audience. This feature allows potential buyers to check out businesses they may not have found otherwise.
3. Full Support for Changes
SBEN ensures a smooth and secure transition process through the use of agreements prepared by lawyers and escrow services, providing confidence to both parties involved.
How SBEN works:
Business owners can list their business on SBEN.com by answering five simple questions and uploading a short video about their business. SBEN handles all inquiries and guides both parties through a seamless transfer process. The changes are designed to happen gradually, allowing the current owners to continue to earn money while the new owners build on the existing customer base.
For potential buyers, SBEN offers a subscription service to receive alerts about businesses that match their interests, promoting targeted communications and opportunities.
“If you have built a strong business and are ready to exit, SBEN is here to help you do that,” added Jiwani. “It’s a win-win—owners get a chance to bring their work value back to life, and new owners achieve their dream of being their own owners.”
Empowering Entrepreneurs and Future Owners
SBEN’s unique platform offers sole proprietorships the opportunity to protect the legacy of their business while allowing startups to step into ownership roles. Whether you want to retire, pursue a new project, or change for other reasons, SBEN offers a simple, supportive process for everyone involved.
Business owners interested in listing their business can learn more at https://www.SBEN.com.
