Hiring a distribution business broker is the key to avoiding most of the mistakes that can keep you from ever selling your business. At So-Cal Business Brokers we work with the most experienced and committed team. Our team has been selling distribution businesses for more than 20 years now and we have a success rate of 90+%. If your business is valued at between $500,000 and $10 million then we are the best team for you.
Even as we help you sell your distribution business there are a couple of mistakes you must avoid on your part. Avoiding the following mistakes is the key to helping our distribution business brokers sell your business fast and for the right price.
Holding out too long
When the time is not right we will advise that you hold out the sale. Waiting a little bit longer before listing can help sell at a higher price. The mistake you can make, however, is that of holding out way too long. Things can change and the value of your business might take a dive. While holding out can help, you should not wait too long to sell. Our job at So-Cal Business Brokers is to do market research and inform you when it is the perfect time to sell.
Letting the business broker do all the work
After listing their business, some business owners have the tendency of taking a break. They even stop putting in as much work in their business as they used to. An important point you need to remember when you hire a distribution business broker is that he will only take care of the sale of your business and not maintaining its value. Our team takes over the sale so that you can focus on the core operations of your business. You have to keep running your business normally in order to maintain or even improve its value.
It is good to have confidence in your business but don’t be overconfident to the extent of thinking your business is worth more than the business valuation says. Our job as your distribution business brokers is to manage your expectations. We will give you the facts on why your business has been valued as so and also let you know when the best deal is on the table.
We get paid only when you sell. Our commitment is to help you sell fast, to the right buyer and for the best price. Contact us today to take advantage of our free consultation.