Business Broker Orange County – Why Should You Hire a Business Broker?

While hiring a business broker San Diego may seem counterintuitive, it is one of the best decisions you can make. This is more so when you consider the fact that every decision you make when selling your business will affect the potential profit. While some people still elect to sell on their own, understanding the benefits of working with a broker can help make a more informed choice.

Selling a business is a lot of work
This is the first fact you need to understand about selling a business. You have to get a business valuation report, get the financial records in order, file the relevant taxes, keep the sale a secret while at the same time keep your business operating at its maximum. This is often a lot of work for most business owners. Working with business brokers San Diego takes the burden off your shoulders. The broker will tackle the sale part while you focus on the core operations of your business.

Selling is hard
Getting your business to the right buyers is a lot of work. You have to set the right asking price, use multiple marketing channels and meet up with every buyer that comes knocking. You will also need to come up with a nondisclosure agreement that buyers have to sign before they can look into your business. It is also good to note that the sale of a business can take months or even years. If you don’t remain focused, you might end up making goofy mistakes that haunt you in the future. A business broker is involved in the sale of businesses. He has sold many businesses that are similar to yours and will effectively tackle any challenge that might get in the way. With the right broker, you never have to worry about the sale any more. Everything will be done on your behalf. The broker will only involve you when major decisions have to be made.

A valuation is necessary
Selling without first getting a valuation report can cause you to either under- or over-price your business. Remember that buyers will always request an independent business valuation. If the figures don’t match up, you might lose a serious buyer. Business brokers San Diego will help with business valuations. The broker will also make use of the current market trends to help determine the best selling price for your business.

There are many other ways that a business broker San Diego can help with the sale of a business. He will be the consultant you can always turn to for help and he will help you close fast. You only need to find the business broker that has a good track record selling businesses that are similar to yours.

Business broker San Diego

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