Business Brokers San Diego - 4 Things You Need to Make Sure of Before Hiring a Business Broker San Diego

Business brokers San Diego have the training needed to sell a business fast and profitably. They take over the sale so that you are able to focus on the core operations of your business throughout the sale. A good broker will help with business valuation, help you get the business ready for sale, market for you, deals with potential buyers and he will only charge you after the sale is done. However, finding such a broker is never easy. There are a few things you need to make sure of prior to bringing a broker onboard.

He works full-time
Did you know that not all business brokers work full time as brokers? Some of them just sell businesses as a side gig. You don’t want to work with such brokers. When searching for a business broker San Diego, you need to make sure that he works full time as a business broker. Remember that the broker will be representing you throughout the sale. If he is unavailable or associated with other industries, buyers might lose trust in him. Only pick a brokerage firm that has a team dedicated to the sale of businesses.

He has experience in your industry
Being a good business broker doesn’t mean the professional will give you the results you need. It is imperative that you take some time to make sure that the business brokers San Diego have some experience working in the industry your business is in. That way, they will have sufficient knowledge that will help them market your company to the right people and in the right way. The right broker must also have sold businesses that are similar in size to yours. That way, they will not be overwhelmed by the prices and task requirements.

They value confidentiality
Another crucial thing you need to do is to make sure that the business broker San Diego values confidentiality. Confidentiality is one of the most important things in the sale of a business. The more people learn of the sale the higher the chances of the value of your business going down. This is because if your customers, suppliers or employees leave, buyers will use that to their advantage.

He provides legal assistance
Finally, a good business broker San Diego will provide legal assistance. That will include drafting legal agreements and offering their experience in structuring and negotiation of terms. Your broker might also advise you to seek independent legal advice to review the documents prior to signing. Avoid brokers who advise you to stay away from lawyers.

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