At So-Cal Business Brokers we believe we have the best team of distribution business brokers in the business. This is all thanks to our more than 20 years of experience selling distribution businesses. We know how buyers think and how to make a business more attractive to them. But is hiring an experienced business broker like us the only thing you need to do to sell your distribution business fast? The answer is no. There is a lot more you need to do. The best thing is that we will help you every step of the way when you hire us.
Hire the best team
To make it easy to sell your business, the first thing you need to do is make sure you have the best team in place. Being the only decision maker in your business will make it super hard for you to sell it. This is for the simple fact that the business is over-reliant on you and might not survive under new management. When you hire our distribution business broker, the first thing he will do is take you out of operations. Our team will help train or hire a management team to take over your operations. Doing so makes your business more dependent and thus more attractive to potential buyers.
Avoid customer concentration
A common problem we see in distribution business is that of having one or just a few major clients. While the few major clients may still help you earn a good profit, it is risky. Buyers choose to avoid such businesses for the simple fact that if a major client decides to leave the business will fail. After performing a business valuation, we will help you identify opportunities you can use to not only expand your business and customer base. Talk to us today and let us discuss how you can avoid customer concentration.
Improve your cash flow
Buyers are interested in profitable businesses. That is why their main focus as they evaluate the viability of your business is your financial history and performance. Improving your business’ cash flow will make it easier for you to sell it. Reach out to us now to more advice.
Repair or improve your equipment
First impressions count. That is why one of the things our distribution business broker will recommend you do is repair or replace damaged equipment before you list your business. Doing so will not only make the business more attractive to buyers but also eliminate the risk of buyers using your damaged equipment against you during negotiations.
At So-Cal Business Brokers we have everything you need to sell your business fast and for the right price. Contact us now to schedule a free consultation with our experienced distribution business brokers. We are always eager to hear from you.