Its not easy to sell your business. Like any other Entrepreneurship student, Nunzio Presta, Graduate of The Ted Rogers School of Management at Ryerson University, aspired to leave school with a fresh business idea that would jump start a successful career. His first foray, in the apparel industry quickly became a success; however, when he felt that the company had reached its full potential, he decided that it was time to put his business in someone else’s hands and move on to the next challenge.
“I spent many nights searching for ways to sell my business, only to come across websites that were overloaded with information and advertisements, making the sites difficult to work through and navigate,” says Presta, Founder and CEO of BizON. “Frankly, it made me fear that I would not be able to find another entrepreneur capable of taking over the business I had worked so hard to launch. In the end, I knew that there had to be an easier way to pass my business on to someone who had the right amount of interest and resources, ready to move the business onto the next level, successfully.”
With an aging population and growing popularity of entrepreneurship, many Canadians are looking for a viable option to buy or sell a business. BizON has created an online community to connect general business people looking to buy or sell a business; franchisors looking for qualified business developers; and professional agents such as accountants, lawyers, realtors and business brokers, looking to help clients buy or sell a business. The Community has accumulated $16.3 million in business listings since it became live to the public 6 weeks ago, and membership is growing rapidly. According to CIBC World Markets Inc. “310,000 business owners will exit ownership or transfer control of their business within five years.”[i] The BizON community will service this market efficiently by providing members with a secure login community that is seamless, resourceful and trustworthy. The objective is to ensure the best possible opportunities for members to buy or sell a business suitable to their lifestyle, every day.
BizON is made up of Presta, along with a team of 5 skillful and passionate individuals with backgrounds in accounting, real estate, creative design, marketing and web development. Their expertise combine to bring Presta’s online community to life with efficient functionality and easy navigation; making the process of buying and selling a business simple and stress free.
“I am on a mission to truly redefine the process in which people can buy and sell a business. I strongly believe that buying or selling a business that suits a person’s lifestyle is extremely important to their financial health, mental health and family.”
About BizON Incorporated
BizON Incorporated was founded by Nunzio Presta, BComm, in 2012. BizON is an online community that enables members to buy and sell businesses every day. The community is now live and actively building membership and business listings daily. BizON is a member of Startup Canada and has been selected as part of their 1000 Startups campaign, participated in various #Startup Chats and featured in Pivot Magazine.
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