Business Broker for Assembly Companies Orange County – How to Find the Right Buyer

As a business owner approaching the end of your professional career, it is wise to familiarize yourself with the selling process. Selling a company is one of the hardest things you will deal with. Considering all phases of the sale are important, you need the input of an experienced business broker for assembly companies Orange County trusts. The broker’s role will be to guide you through the process so that you end up with the best possible outcomes. An important area you must focus on as you learn how to sell a company is how to find the right buyer.

Set an accurate selling price

To find the right buyer, you need to start by getting your company valued accurately. You cannot cook up numbers and use them to set a selling price. Buyers will always perform an independent business valuation to confirm the numbers you present them with. If their numbers and yours don’t match up, they may lose confidence in you. It would be best if you worked with an experienced business broker for assembly companies Orange County recommends, to perform a thorough business valuation. Knowing your company’s true value helps set a fair selling price and further helps win the trust of potential buyers.

Identify the right buyer

Knowing how much your business is worth does not mean you reach out to all possible buyers. To sell for maximum profit, you need to identify the buyers who might offer the best price for your company. Your business broker will provide you with a list of potential buyers you can sell to. The main types of buyers include the following:

Current clients
Suppliers
Venture capital
Foreign companies
Companies from other sectors
Competitors

The buyer you reach out to will depend not just on how much you want to get for your business but also on the future you want for your business. Keep in mind that some buyers may not be interested in running your business using your principles. Some just want to eliminate the competition or transform your company into something completely different. If you want your company to continue running as it is, you will need to find a buyer willing to uphold your principles. However, doing so will make it harder for your company to sell.

Selling a company takes time and requires a certain level of expertise to do it right. Make sure you hire a business broker for assembly companies in Orange County with a lot of experience selling businesses like yours. You must also have realistic goals.

Business Broker for Assembly Companies Orange County

What Client’s Say

We Couldn’t Be Happier

"When we thought about selling we had no idea what our business was worth or how to go about selling. What you were able to do was to cut through the fog so that we understood the valuation issue and had a comfort level with the process. As you know we ended up selling for somewhat more than the original valuation and we got all cash and our CPA loved the way our tax liability was minimized. We couldn’t be happier!"

Over $250,000 More

"Our first contact with you shocked us when you suggested that we wait 18 months before selling because you believed that if we hit our projections that the value would be significantly greater. As it turned out we not only followed your advice but also got slightly over $250,000 more than we originally had hoped for. It is seldom that we have had the opportunity to deal with a firm that doesn’t want both money and a commitment NOW. It was clear and obvious that you had our best interests at heart."

You Got the Valuation We Agreed On

"You did a great job on the sale of our business in really beating the bushes for buyers, including a UK company that was an active suitor. You managed to get the valuation that we had all agreed upon and got it substantially all in cash and got the transaction closed with little to no problems or expensive lawyers involved."

Thank You for Handling Our Business

"Our business was smaller than what your firm normally handles but it was a BIG part of our net worth and savings. Thank you for handling our business and we were very pleased and delighted with the results."

More Than Anticipated

"Our transaction was involved as we had different corporate entities located in different states. Our only regret is that we didn’t retain your services before 2012 when we paid $25,000 to a firm in Texas that did a valuation and market analysis for us before then failing to do anything in the way of trying to sell our business. You got it sold for more than anticipated."

Set an accurate selling price

Identify the right buyer

The Sales Process