Business Broker for Manufacturers Orange – Who Should Sell Your Business?

Many business owners are tempted to sell their businesses on their own. This is more so because they believe they know their business better than anyone and selling on their own will save them money. However, most people quickly realize that selling alone is a bad idea upon getting started with the sale. They recognize that the process is more complex and demanding than they imagined. To avoid making further mistakes, they retain the services of an experienced business broker for manufacturers Orange County counts on.

While working with a business broker for manufacturers Orange County recommends is one of the best decisions you can make, it’s always good to involve them early on in the process. That way, you will save time by avoiding mistakes. Second, not every business broker you come across has what it takes to sell your manufacturing business successfully. That is why you have to be very cautious when hiring someone to market your company. Here are the top considerations you should make before selecting a broker.

Has lots of experience

You don’t want your business to be sold by someone that is getting started in the sale of businesses, do you? Of course not. The best person for the job is one that has a great track record selling businesses. Hiring someone with decades of experience in the sale of businesses is recommended.

Sells businesses like yours

Having more than 20 years of experience selling businesses is not enough. There is still more you will need. For example, if your business is worth $1 million and the biggest company the broker has ever sold is one worth less than $500,000, you will not get sufficient representation. The best broker to work with is the one with lots of experience selling businesses in the manufacturing industry and in the same size range as yours.

High success rate

You must consider the track record of a business broker. What is their success rate? A success rate of more than 90% is excellent. However, it would be best if you did not take the broker’s word for it. Contact a few of their previous clients and note what they have to say about the brokerage firm. Was the representation they got satisfactory? How long did it take to sell their business? Were they able to sell for the best price? A good brokerage firm will be happy to provide contacts of recent clients. Ask for references.

Serves your region

Last but not least, you need to make sure that the business broker for manufacturers serves your region. Again, working with a local broker helps you get better representation. This is because a local broker has local networks to help close even faster.

Business Broker for Manufacturers 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."

Has lots of experience

Sells businesses like yours

High success rate

Serves your region

The Sales Process