Hawthorne Sell My Business

Why Your Business Needs a Physical

You don’t have to be getting ready to sell my business Hawthorne to want to get a professional business valuation. Every business needs a physical as it helps identify the strengths and weaknesses. At So-Cal Business Brokers we don’t charge for our thorough business valuation. The service is complimentary and we only charge you a success fee once we sell your business. But why should you consider getting a business valuation performed even when you are not ready to sell your business? There are three main reasons why you should do this. 

Know its current value

The first and the most obvious reason is to know the actual worth of your business. According to a study performed recently by a leading CPA firm, 65% of business owners don’t know exactly how much their business is worth. The study also found that 75% of their net worth is tied up in the business whereas 85% of business owners don’t have an exit strategy. If any of these statistics apply to you, our business brokers at So-Cal Business Brokers can help.

Knowing the shape your business is in is not something you should only consider when getting set to sell my business Hawthorne. Knowing the worth of your business as part of a yearly analysis helps know how it stacks up on a year-to-year basis. You will never know if your business is stagnating if you don’t take the time to get a valuation.

Identify its flaws

Another key reason you need a business valuation performed is so that you can identify your business’ flaws. Every business has areas it is lacking in. Our business brokers know what buyers are looking for and what makes it easier for you to sell. Our thorough business valuation will help you understand the strengths and weaknesses of your business. This information will come in handy as you get ready to sell my business Hawthorne.

Take advantage when a great offer is presented

Last but not least, if you don’t know how much your business is really worth you will not be able to take advantage of an opportunity of a lifetime if it presents itself. You never know when a potential acquirer will appear. If you don’t have a business valuation report you will not be able to act on your feet since you will have to bring in a team to help determine if the offer on the table is a great one or not.

Our job at So-Cal Business Brokers is not just to help you sell fast but also ensure you have valuable insight into your business. Contact us now to take advantage of our free consultation. We are always happy to hear from you.

Sell My Business Hawthorne