Business Brokers Orange County - What are the Roles of Business Brokers Orange County?

Business brokers Orange County are professionals engaged in the sale of businesses. Their main responsibility is to connect the buyer with the seller and serve as intermediaries. However, there is more to working with a business broker than that. If you are considering the help of a broker, here are a few things you need to understand about their role.

Business valuation
A business broker Orange County earns a commission. This is a percentage of the total selling price. To earn a good sum, the broker will make sure that you price your business just right. This is done to ensure that you not only make a profit but also attract the right buyers. This is why one of the roles of a business broker is to help with business valuation. Based on the valuation report, the broker will be able to advice you on the things you should do to boost the selling price. Furthermore, a broker will match the valuation report with the prevailing market trends to ensure you get the right value for your business.

Marketing
For people to learn of the sale, they have to know it exists. Business brokers Orange County are constantly involved in marketing. This is done through listing sites and through professional channels. The objective is to make the sale known to as many people as possible. The broker will also present your business to their existing contacts who might be interested in your business. Selling through a broker is faster especially because buyers trust reputable brokers than sellers they have never heard of.

Confidentiality management
Throughout the sale, only a handful of people should hear of the sale. The reason for this is because if more people get wind of the sale, your customers, suppliers, lenders and other crucial parties will abandon you in fear of the new management. This can drive the selling price down.

Negotiations
A broker assisted negotiation is important. You have an emotional connection to the business you started from the ground up. Negotiations can be a bit heated and this might cause you to make the wrong choices or even pull out from the sale. The business broker Orange County is unbiased. He is professional and objective. He will help with every stage of the negotiations and further act as the bad guy.

There is a lot that business brokers Orange County will do for you. All in all, you should note that not every broker out there has what it takes to deliver the results you need. You have to be careful when hiring.

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