Business Broker for Distribution Companies San Diego –Why Business Owners Choose to Sell

The reason most business owners find it hard to sell is that the process is emotional and stressful. Having put your blood, sweat, and tears into the company, it can be hard to let go. Emotions will easily cloud your judgement even where selling is the best move. That is why before you get it listed, it is always good to involve a business broker for distribution companies San Diego counts on. The role of the broker will not only be taking over the sale but also managing your expectations.

When you make up your mind to sell your distribution business, one thing you will have to do is ensure you are selling for the right reasons. One of the first questions a business broker for distribution companies San Diego might ask is why you are selling. If your reason is not good enough, some brokers may choose not to work with you. Others will work with you to help you know the reason you should give potential buyers. Here are some of the top reasons business owners choose to sell.

Retirement

Running a business becomes a habit and part of your daily routine. Most people have a hard time breaking this habit. Other business owners are driven by passion and they genuinely enjoy running their businesses. All the same, you cannot run your business forever. There will come a time when you will be mentally or physically incapable of running the business. When this happens, it will be time to retire. Selling will become the only option. You can use the money from the business sale to finance your retirement.

Burnout

Overworking, fatigue and burnout are substantial reasons why owners choose to sell. When the daily grind of making the business successful starts wearing, business owners either hire a team to take over their responsibilities or simply sell their business.

Boredom

While it is not the best reason to give potential buyers, boredom is a common reason business owners choose to sell. This happens when a business owner is no longer interested in working or running the business. This mostly happens when the business has a redundant model. If there is no real growth, you may lack the motivation to keep running the business. When this happens, some business owners sell in order to get capital for new ventures.

Other common reasons include:

Illness
Divorce especially where the business was owned jointly
Death of the owner or partner
Partnership disputes
Prevalent competition

Regardless of your reason for selling, it is always good to run it by your business broker for distribution companies in San Diego. Your broker will help you know if selling is the right move or not.

Business Broker for Distribution Companies San Diego

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."

Retirement

Burnout

Boredom

Other common reasons include:

The Sales Process