Important Decisions You Have to Make When Selling a Business
If you are ready to sell your business, the first question you need to answer is this: have you hire a competent business broker Dulzura to represent you? Business brokers play a very important role in the sale of businesses. They are the team that helps you find the right buyer, manages your expectations, helps close the deal faster and does so much more. At So-Cal Business Brokers we have the team you need not only to close fast but for the best price. However, for our team to do their work well, there are a couple of important decisions you will need to make.
The first question we need you to answer is this: do you prefer a higher offer with some seller financing or a lower offer with cash at close? This question will help our business brokers Dulzura choose the right buyer and structure the sale perfectly.
It is up to you to decide whether you want a quick exit or you are ready for a lengthy transition. This will mostly depend on what you want to achieve at the end of the day. When offering seller financing, for example, you will continue being tied to your business for months or years to come until the last payment is paid. You also have to decide how long you want to stay on to guide the new owner. Our job as your business broker in San Diego is to lay the facts on the table so that you make the most informed choices. We are happy to be your guide.
Do you care what happens to your employees? Your answer to this question will play a very big role in the type of buyers we reach out to. If you are protective of your employees, it means we will have to find buyers who are ready to retain them. A buyer that plans on relocating or replacing employees will not be ideal if you care about your employees.
Another important decision you have to make is that on whether you want to maintain a minority stake or not. This decision is very important because it determines the type of buyers our team reaches out to.
If you are like most business owners, you don’t want your business to erode and be forgotten. If you want to look at a successful business years from now, you have to communicate this information to us. That way our business broker Dulzura will structure the deal in a way that guarantees continuity.
There are many more decisions you have to make but the aforementioned ones are the most important. Our team will be happy to help with decision making throughout the sale. Contact us now to take advantage of our free consultation.