Business Broker for Engineers San Diego – Why Do Business Owners Sell and Who Will Buy

The decision to sell a business is one that attracts a lot of questions. Is now the best time to sell? Who will buy my business? Will I be able to get the best value for it? These are just some of the questions you will find yourself asking. To avoid making mistakes you might regret, involve a business broker for engineers San Diego. The role of the broker will be to let you know if you are making the right decision and help you find the right buyer and sell for maximum profit. The right business broker in San Diego will actually take over the sale so you focus on the core operations of the sale.

As you get ready for the sale, there are a couple of things you need to do. The first is to make sure you are selling for the right reasons. While your business broker for engineers San Diego will let you know if you are selling your business for the right reasons, you need to identify your reason for selling first. Here are the main reasons why owners of engineering firms sell.

Retiring

No matter how much you love your business, you cannot run it forever. When it is time to retire, to have enough money for retirement, most business owners sell their companies.

Change in interest

Some business owners choose to sell because they want to focus on something else. They use the money they get from the sale to finance their next project.

Business exceeds your ability

After growing a business to a certain level, it might exceed your skills. When this happens, you might lose interest in it. The solution here is to sell it.

Burn out

It is common for business owners to sell because they feel overworked.

Opportunity

If you have another investment or someone gives you an offer you can’t refuse, selling becomes inevitable.

Need the money

Selling can be a way to cash out. You can sell to meet your financial needs.

The business broker for engineers in San Diego will evaluate your reason for selling. If it is not a great reason, the broker can help find another angle. As to who do you sell to, you can sell to an individual buyer, another business owner or a private equity company. Your business broker will help you know when the best deal is on the table. Make sure you hire a broker with a high success rate selling engineering companies that are similar to yours.

Business Broker for Engineers 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."

The Sales Process