La Cañada Flintridge Business Broker

Post Sale Facts You Need to Keep in Mind

Selling a business is not as straightforward thus the reason you need to work with an experienced business broker La Cañada Flintridge. The main role of our team at So-Cal Business Brokers is to manage your expectations, get you the best deal by marketing far and wide, manage confidentiality and help you close fast and with the best terms. However, even as we take over the sale of your business, we take the time to make sure you understand the consequences of the sale. Here are the three most important facts you need to bear in mind before listing your business.

The business will be in the hands of someone else

This is a fact that most business owners think about when it is already too late. Selling a business is a very emotional process more so when you consider the fact that the business you built from the ground up will be in the hands of someone else. This means you will no longer be calling the shots and the business can be taken in any direction the new owner likes.

The job of our business brokers La Cañada Flintridge at So-Cal Business Brokers is first to manage your expectations. We ensure that your expectations are not too farfetched. Second, it is our duty to help you find the right buyer whose interests align perfectly with yours. Third, we will handle the negotiations so that not only the price is acceptable but also the terms. For example, if you don’t want your employees to be fired, we can negotiate for their wellbeing in the terms. Contact us now to find out more.

The business culture and responsibilities may change

Another fact you must never ignore is that of the business’ culture and responsibilities changing. Since you will no longer have a role in the daily operations of the business, the new owner can choose to change up everything to fit their needs. The depth of your involvement after sale will depend on the details of the after-sale involvement. It is the job of our business broker La Cañada Flintridge to help you get the best terms at the end of the day. 

You can choose to be involved after sale

Last but not least, you will have to be involved in the business at certain capacities. The new owner will need some guidance on how to run the business. If you want a more involved role, we can help negotiate an employment contract. This means you will become an employee under the buyer. The second option is to get you a consulting contract. You become a consultant to the new owner for a specified period of time. We will help you negotiate the specified number of hours of consultancy per month as well as the associated fees.

At So-Cal Business Brokers we want to get you the best deal after the sale of your business. Give us a call now and allow our business broker La Cañada Flintridge get you the best terms.

Business Broker La Cañada Flintridge