Business Broker Orange County - Guide to Help Find a Competent Business Broker Orange County

Business brokers Orange County make it easy for you to sell your business for a profit. The problem is there are so many brokers out there that you have to consider. The majority of them will not help you achieve the goals you are looking for. In this article, we will be focusing on the steps you ought to take when searching for the right person for the job.

Get referrals
If you are hiring a business broker Orange County for the first time, you must never ignore the option of getting referrals from people who have used brokers before. Get referrals from trusted sources such as your lawyers, accountants, industry associations and peers. They will provide you with the names and contact information of some of the best business brokers in your area.

Due diligence
Whether the referral came from your attorney or a close friend, you must never commit without due diligence. Just like a potential buyer of your business will dig deeper into the history of your business, you must also do the same before hiring a broker. You need to start by taking a look at the experience, credentials and the background of the business broker Orange County. Check for lawsuits or any complaints against the broker. Are the negative reviews acceptable to you? The Better Business Bureau will further give you more information on the practice of the broker. You should also ask for references and investigate individual references. It is also a good thing to make sure that the broker you are considering has handled sales of companies that are similar to yours.

Settle for dedicated practitioners
In the market today, you will be amazed by how business brokers Orange County work. Some double as real estate agents and only handle the sale of businesses as a part time job. Yes it is good for a business broker to have a real estate license especially if you will be selling the business together with the property it sits on but that broker should focus solely on the sale of businesses.

Confidential
The right business broker should be able to keep a secret. The last thing you want is for you to lose key suppliers and staffs simply because word got out that you are selling the business. Your broker should be able to maintain confidentiality throughout the sale process.

These points will help find a good business broker Orange County to work with. Even so, you need to be wary of the fraudsters. Steer clear of brokers who ask for large upfront fees, those that pressure you into signing the contract and those that never offer a marketing plan.

Business brokers 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."

The Sales Process