Selling a distribution business requires that you work with the most competent distribution business broker in the business. That is what you get when you hire from So-Cal Business Brokers. We are one of the most recommended business brokerage firm in the country committed to the sale of businesses. We are without any doubt the best team you can bring onboard when selling your distribution business. However, even with our support, there are certain mistakes you make that can limit our success. They include the following.
Bringing in just any buyer
Our job when you hire us is to help you find the buyer that pays the best price for your business and one whose interests align perfectly with yours. The success of our distribution business brokers will be limited if you keep bringing in your own buyers without allowing us to prescreen them first. When you don’t check out prospective buyers you increase the risk of breaching confidentiality. Needless to say, breaching confidentiality will make it a lot harder to sell your business regardless of how successful it is. Our advice is to allow us do a background check on buyers before letting them through. We further help you maintain confidentiality by requiring prospective buyers to sign NDAs and disclosing your business information in bits.
Not believing timing is everything
Selling a business takes time. Don’t be in too much hurry to sell that you end up making mistakes that are irreversible. The time you choose to sell your business also matters. Our team will evaluate your business and consider the current market trends to determine if selling now is the right thing. Based on the market climate we can advise you to hold back the sale.
Not compromising on anything
While it is good to negotiate every item, it is not wise to rigid. If you are not willing to compromise buyers will simply up and go. Our distribution business brokers have sold many businesses and we know what can be achieved and what you must compromise on to get the results you need. All we ask is for you to communicate with us what is most important to you and what you can compromise on. This enables us to negotiate the best deal in your favor.
Our job at So-Cal Business Brokers is to give you the best support so that you close the deal fast and for the best price. Give us a call now to learn more about our services. We offer a free consultation with our distribution business broker.