5 Things that Immediately Make a Business More Sellable
When considering commercial business sales Avalon, the first thing you need to do is make your business more attractive to potential buyers. You have to consider the fact that there are several other businesses that are similar to yours that you are competing with. To sell fast and at maximum profit, you have to make your business stand out. At So-Cal Business Brokers we have been selling businesses for years. Here are some of the things we will do to make your business more sellable.
Financial performance
Businesses are valued on how much they sell. This is unless you are considering an asset sale. The focus of buyers will be on the profit that your business makes. Our first job as your business broker in Los Angeles will be showing the cost of acquiring new clients and the sales ratios. We do this after a business valuation. If you are not in a hurry to sell, we will help establish a high volume, reoccurring revenue and also help diversify your client base. The more successful your business is the more you will get from commercial business sales Avalon.
Growth potential
Buyers want to invest in a business that has the potential to grow. They want something that can scale. Otherwise there is no upside in paying the high price or even have any interest in a business that cannot grow. We have several creative ways to grow and expand your business. Our team will further use your financial records and performance history to demonstrate to show buyers that your business has the potential to grow. Give us a call now to learn how we can demonstrate your business’ growth potential.
Overdependence
Dependence on the business owner or a single client is unattractive to potential buyers. Our team will help give your business the independence it needs. We will help you delegate operations; build a sound business process that even a new employee can use, setup a solid sales team, establish recurring revenue as well as diversify your client base.
Unique value proposition
Commodity businesses have low value because of their low margins. Using the business valuation report, our team will give your business the competitive advantage it needs to warrant premium pricing.
Customer satisfaction
Commercial business sales Avalon are greatly affected by the reputation of a business. When you hire us, the first thing we do is fix the bad reputation. If your reputation is extremely damaged, we will recommend rebranding. We will then demonstrate to potential buyers that your customers are loyal and you have impressive referral opportunities.
How soon do you want to sell your business? We can help you make it more sellable whether you want to list it in a few weeks or a few years from now. Leverage on the expertise of our team. Call us today.