Business Broker Orange County – When is it Best to Hire a Business Broker?

A business broker Orange County will help you through every stage of selling a business. Their work starts as soon as you hire them. They will help with everything from valuations to marketing. Even so, some people choose not to work with business brokers. They feel the whole endeavor is counterintuitive. That is not true. If you are torn between hiring and not hiring a business broker, here are the top situations that will mandate you to hire a broker.

When you need a business valuation
Prior to setting the selling price, you will need to get a business valuation report. There are many methods used to determine this. Yes you can work with an appraiser but working with business brokers Orange County makes more sense. The reason for this is because a business broker will not just rely on textbook calculations but also make use of the prevailing market trends to set the most accurate selling price.

When getting ready to sell your business
If you are ready to sell your business, you will need to get it ready. This means making it as attractive to potential buyers as possible. It is not possible for you to do this on your own if you have never sold a business before. This is why you need to bring a business broker on board. In addition to giving you an accurate valuation report, the business broker will identify the strong and weak points of your business. He will then show you how you can increase the value of your business before putting it on the market.

If you are selling for the first time
The sale of a business is a lot of work. You have to get the finances ready, keep the whole sale a secret, get an accurate valuation report, market widely and so much more. You have to do this while running your business optimally throughout. This can be overwhelming. Working with a business broker Orange County will make more sense when selling for the first time. In addition to taking over the sale, the broker will help you navigate the challenges that might get in the way. This increases chances of success and speedy sale.

If you feel it’s a lot of work
Selling a business is obviously a lot of work as you may have drawn from the above points. If you are too busy, you need to leave the work to the professionals. The professionals in this case are the business brokers.

To leverage on his professional network
Last but not least, even if you don’t plan on hiring business brokers Orange County to take over the sale, you should have them on retainer for consultations. You also need to note that a business broker has numerous professional networks that can help you sell even faster. For example, one of the people in his contacts might be interested in buying your business.

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