How Does a Business Broker Sell a Business?
The decision to sell a business is not an easy one thus the reason you need to consult with a business broker Industry before you list your business. Our job at So-Cal Business Brokers is to make sure you are selling for the right reasons and to help you sell to the right buyer and for the best price. Our specialty is in manufacturing, service, distribution and internet businesses. Contact us now to find out more on how our team can help you sell. Here are some general steps we take to help you find the right buyer.
Perform formal valuation
When you hire us to sell your business, the first thing we do is perform a business valuation. The purpose of this is to determine the real value of your business. Our business brokers Industry will look at such data as business assets and financial reports. We also perform market research to understand how much businesses like yours are selling for. This information allow us determine a selling price.
Get the word out
Putting the word out is not as straightforward as most of our clients think. Unlike other forms of marketing, putting the word out about the sale of your business requires the use of blind ads. This is because you have to keep the sale of your business a secret throughout. Our team at So-Cal Business Brokers is experienced in confidentiality management. We also have wide network that we use to give your business maximum exposure. Contact us now to learn more about our marketing strategy.
Prescreen potential buyers
When advertised through relevant forums, you will start getting lots of phone calls from people interested in purchasing your business. Thanks to our more than 20 years of experience, we know that not every interested buyer is serious about buying your business. Some may have genuine interest but lack the financial resources to see it through. Our job is to make sure you don’t waste time with ‘jokers’. We do this by prescreening buyers thoroughly before letting them through. We can also see to it that the interests of a buyer align with yours.
Buyers will always negotiate to get better terms. Our business broker Industry will help with negotiations so that you close with the best terms and at the best price.
Our team at So-Cal Business Brokers wants to help you sell to the right buyer, fast and for maximum profit. Contact us now to take advantage of our free consultation. We are always happy to hear from you.