Business Brokers Orange County - How to Prepare Before Meeting a Business Broker Orange County

Business brokers Orange County offer everything you need to sell fast and at the right price. The problem, however, is that not every broker out there will be perfect for you. If you wish to avoid the hassle, it is imperative that you hire the best person for the job. Spend time looking at what different brokers have to offer before settling on one. Once that is done, here are some of the things you need to do when getting ready to meet up with the business broker for the first time.

Have a good reason for selling
The first thing a business broker Orange County will want to see is a good reason for selling your business. Brokers don’t get paid until the sale is concluded. As a result of this, they are very cautious of who they bring onboard. If you are not a serious seller, they will choose not to take your case. You may be serious about selling the business but if you don’t have a good reason for doing so, some brokers may choose to avoid you. Research some more to learn about the best reasons for selling business. You should then present the broker with the best reason why you are considering the sale.

Take with you all the facts and figures
Another thing you will have to do is to give the business brokers Orange County all the facts and figures related to your business. The work of the broker is to sell your business on your behalf. He will not be able to do that if he doesn’t have insider information about your business. The broker will need all relevant business documents in order to prepare a good summary. They will need a brief history of your business, location as well as financial information. The more information you give him the better.

Valuation report
Although most brokers offer valuation services, it never hurts to get an independent valuation report. The business valuation report will help the broker focus on the weaknesses of your business and advice you accordingly so that you are able to get a better selling price and sell fast.

Your exit preferences
Last but not least, you will have to inform your business broker Orange County of your exist strategy. Do you want to remain in control of your business or do you wish to transfer ownership completely to the buyer? Your preferences will inform the decision of the business broker.

These are just some of the important things you will have to get ready prior to contacting a business broker. Never rush things either. How much information a broker has on your business will determine how effective he is in selling your business.

Business brokers 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