Business Broker Orange County - What is the Duty of a Business Broker Orange County?

Business broker Orange County does not have to believe in your business proposition. His job is to help you find get the business ready for sale, find the right buyers and help you close fast. This is the most important point you need to understand before you start looking for a broker to help with the sale. Other than that, there are a number of things you need to understand about the duty of an Orange County business broker.

Package the story
The first duty of business brokers Orange County is to help package your business. It is not what you know about your business that matters but how enticing you make that information. Having sold many businesses in the past, the broker understands what buyers want to hear and see. He will therefore come up with a solid plan that helps make your business deal as attractive as possible. What is more is that the right broker will help you get your business ready for sale by making sure you fix all the weak points. He will also help with business valuation. How well packaged a business is determines whether you will be able to sell fast or not.

Find prospective buyers and present the story objectively and dispassionately
Once the business has been packaged, the business broker Orange County will come up with the story that the target buyers want to hear. This is usually done both as a teaser and as a prospectus. This story is not set in stone. The broker can change it so that it resonates well with the target market. To find the right buyers, the broker will use a range of channels which include business listings on both MLS and M&A. A good business broker will rely on both inbound and outbound listing.

Liaise with you
Just because he is the one charged with the responsibility of selling your business does not mean the Orange County business broker will make all the decisions. The work of the broker is to act on your wishes. This means that he will not make any major decision until you give the green-light. The broker is your representative in the market place. This is why he will constantly liaise with you. The broker also plays the bad guy during negotiations. You will be protected from bad publicity throughout the sale.

Help with closing
It is also good to note that the business brokers Orange County will help with the closing. A lot of work is involved in this step. In addition to acquiring financing, you have to come up with a plan to help the new buyer settle in as well as handle all the paperwork. The broker will help with this step.

As you can see, the broker does not need to believe in your business. He just needs to be committed to helping you get the best deal. Make sure the broker you end up hiring is both experienced and committed to his work.

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."

The Sales Process