Business broker Orange County

guarantees a number of things when it comes to the sale of a business. He will guarantee that your business is seen by the best buyers; that you get the best possible price for it; that you close the deal fast; that you don’t develop enmity with the buyer; that you don’t get distracted from effectively running your business during the sale among other things. All in all, before you start working with a business broker, it is important that you ask the following questions.

What are the qualifications of the broker?

The last thing you want is to lay the fate of your business in the hands of an incompetent business broker Orange County. A qualified business broker should be highly experienced.

What is his recent track record?

The reputation of a business broker in Orange County counts. It is what will help him get the best deals on the market for you. Has he sold your type and size of business in the last year? On average, how long do his listings stay on the market before concluding the sale? How many site listings does he represent? These questions will give you an idea of what to expect from the broker and also let you know if he is a major player in brokerage.

What are recent clients saying about him?

Do not hire a business broker Orange County that doesn’t have a website. The web presence of a broker communicates a lot about the type of service he offers. For example, if he has no website, there is a good chance he is not a legitimate broker. It is the website of the broker that will educate you more about the type of services he offers as well as what recent clients are saying about him. Search for testimonials from recent clients and ask the broker to provide names of the clients he has worked with in the last six months.

How much does he charge?

Business brokers charge for their services in many ways. Typically, they will charge a down payment which will be followed by the full payment plus commission upon the completion of the sale. Stay away from a business broker in Orange County that asks for a full payment and commission upfront. Such brokers will leave you stranded. Most great brokers will charge a success fee. This is commission based charge. It is based on the price paid at the closing of the deal. The commission is typically 10%. Always get to understand the fees involved before you hire a broker.

How does the broker work?

Last but not least, you need to understand how the business broker Orange County works. How does he determine the asking price? Does he assist with financing? What will be your role during the transaction?

Business Broker 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."