TUFIC Business Market

www.tuficbizz.com

TUFIC is a business brokerage company that helps entrepreneurs’ buy or sell their businesses. Businesses like any other asset can be bought or sold to enable their sustenance and maintenance. TUFIC has come to solve this problem by providing exit business strategies for Entrepreneurs who maybe business stressed, old or want to diversify. TUFIC is a marketplace where investors can sell their business at the point of exit or buy a business at the point of business entry. TUFIC also rehabilitates and puts in place systems and structures for the businesses that are in transition and then markets them to investors. Many businesses in Uganda have been started by entrepreneurs who have little business knowledge and training that’s why the transition is lacking in the entire setup. The people who have had business training have gone into employment and are risk-averse. This transition program plans to remove the fear out of the would-be entrepreneurs for succession or transiting businesses. Liquidating a business is selling off all the tangible and movable items a business has. This can only attract between 30% of the business value. But with the selling of the business, we can sell the entire business including the human resource, clients, customers, suppliers, consultants, relationships with bankers, insurance and government. So, with selling a business you can get 100% of the business worth. Many people think that when a business is up for sale then that business is collapsing. So, this is the stigma we have to remove from the would-be willing sellers for our businesses to survive the high mortality rate.

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TUFIC is a business brokerage company that helps entrepreneurs’ buy or sell their businesses. Businesses like any other asset can be bought or sold to enable their sustenance and maintenance. TUFIC has come to solve this problem by providing exit business strategies for Entrepreneurs who maybe business stressed, old or want to diversify. TUFIC is a marketplace where investors can sell their business at the point of exit or buy a business at the point of business entry. TUFIC also rehabilitates and puts in place systems and structures for the businesses that are in transition and then markets them to investors. Many businesses in Uganda have been started by entrepreneurs who have little business knowledge and training that’s why the transition is lacking in the entire setup. The people who have had business training have gone into employment and are risk-averse. This transition program plans to remove the fear out of the would-be entrepreneurs for succession or transiting businesses. Liquidating a business is selling off all the tangible and movable items a business has. This can only attract between 30% of the business value. But with the selling of the business, we can sell the entire business including the human resource, clients, customers, suppliers, consultants, relationships with bankers, insurance and government. So, with selling a business you can get 100% of the business worth. Many people think that when a business is up for sale then that business is collapsing. So, this is the stigma we have to remove from the would-be willing sellers for our businesses to survive the high mortality rate.

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Employees

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Founded

2014

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Potential Decision Makers

  • Chief Executive Officer

    Email ****** @****.com
    Phone (***) ****-****

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