Business Broker San Diego - 3 Things to Expect from a Business Broker San Diego

Business brokers San Diego are a great asset to both business buyers and sellers. The support of a broker will actually help sell/buy fast and at the best price. This is because brokers have more hands-on experience in the field of buying and selling businesses. However, not all brokers are worth hiring. Before you start looking around for the right broker to work with, it is imperative that you understand the key things that a broker should have.

Great qualifications
You want the best team on your side when buying or selling a business. This is why the first thing you need to do is to ensure that you only hire the business broker San Diego with exceptional qualifications. The right candidate must have a great track record of success in the industry. He should also be experienced. This means working with him will guarantee that you find buyers/sellers fast since the broker will have the contacts of available buyers/sellers. Pick a broker who specializes in selling businesses but not one that sells businesses on part time. The right San Diego business broker should also have endorsement from a recognized broker association.

Interest in your business
A good business broker will start by learning more about your business before he starts marketing it. Steer clear of brokers who get straight to marketing without ever taking the time to learn more about your business. It is only with insight into your company that the business brokers San Diego will be able to develop great marketing strategies. The broker should also have sold businesses that are similar to yours. If he only focuses on businesses that are worth a few hundred thousand dollars, your multi-million dollar business will overwhelm him and vice versa.

Great communication
Another very important thing you need to consider in a business broker is his communication skills. The last thing you want is to work with business brokers San Diego who are unwilling to listen to your needs. Such brokers will deliver results that will never be satisfactory to you.

These three things are important. Always make sure that the broker you hire is able to deliver on them. As a side note, you should also consider the competitiveness of the broker’s service fee. The higher the commission he charges the more he will dig into your profits.

Business brokers 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