Business Broker for E-Commerce Companies San Diego – Do’s and Don’ts of Selling

While working with a business broker for e-commerce companies San Diego trusts is the best route when selling an eCommerce business; getting familiar with the dos and don’ts of selling a company will give you an advantage. Here are the main things you should do and not do when selling.

Do hire a business broker

Selling a business is one of the biggest decisions you will ever make in your life. You, therefore, need to make sure you are making the right choices and not leaving any stone unturned. To achieve this, you need the input of someone that has been where you are. In this case, the person you need is a business broker for e-commerce companies San Diego recommends. Having sold many businesses that are similar to yours, the business broker will be able to help plan for everything and guarantee you get the best results at the end of the deal. Business brokers also have a network of potential buyers and other industry professionals. Therefore, their input will guarantee everything goes smoothly.

Don’t forget to get a valuation

Whether you are selling on your own or with the help of a business broker in San Diego, you must carry out a reliable valuation of your business. Failing to carry out a business valuation will keep you from knowing how much your company is really worth. As a result, you will not be able to argue price with potential buyers reasonably. Asking for a price that is higher than what your business is worth will push serious buyers away, whereas asking for a price that is too low will cause you to sell at a loss.

Do keep your business running optimally until closing

A common mistake most business owners make is diverting attention from the core operations of their business once it is listed. You need to keep in mind that it takes months to find the right buyer and close the deal. If you stop paying attention to the core operations of your business, by the time you are finding the right buyer, the value of your business might have gone down. Therefore, you have to keep running your business optimally until you transfer ownership.

Don’t negotiate with only one buyer

Finding the right buyer for your e-commerce company can be exciting. You should, however, keep casting a wider net to find more buyers. The moment a buyer learns they are the only one you are negotiating with, they will have an advantage and push you to the wall. In addition, having multiple bids will help sell for the maximum price.

If you want to get the best outcomes from a business sale, enlist the help of a business broker for e-commerce companies in San Diego. Their input will guarantee everything runs smoothly.

Business Broker for E-commerce 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."

Do hire a business broker

Don’t forget to get a valuation

Do keep your business running optimally until closing

Don’t negotiate with only one buyer

The Sales Process