Mistakes Only a Business Broker Can Help You Avoid
Commercial business sales Rancho Santa Margarita are not things you should gamble with. There is a lot that needs to be done to successfully sell a business. The problem is the smallest mistakes can cause tremendous regrets. That is why at So-Cal Business Brokers our primary job is to ensure you sell your business at the right time, to the right buyer and for the best price. Unlike selling on your own there are a number of mistakes only our business brokers in Orange County can help you avoid.
Over- or under-pricing
The first mistake we see most business owners make in commercial business sales Rancho Santa Margarita is that of pulling a selling price from the air. What they fail to understand is the fact that due diligence will follow and the buyer will be able to tell if the selling price is fair or not. To make sure you never sell at a loss or fail to sell because of overpricing your business, our team will perform a business valuation. This helps determine the fair market value of your business. We then consider the market trends to set the most accurate selling price for your business.
Having unrealistic expectations
Another common issue is that of buyers having expectations that are way too high. This is common especially when you have built a business from the ground up. It is easy to feel that your business is priceless. The truth is you have to set a price. Some business owners assume that they can sell their business within a month or so. Our job at So-Cal Business Brokers is to help you understand the facts and ensure you never have unrealistic expectations. We will also let you know when the best deal is on the table.
Breaking the law
There is the legal aspect of things when selling a business. You don’t want to be sued months after selling your business, do you? Our team is made up of experienced transaction attorneys who make sure everything is done by the book and without opening room for lawsuits.
Focusing on the wrong buyer
Not every buyer is genuinely interested in purchasing your business. Others simply don’t have the money to acquire your business. So-Cal Business Brokers will ensure you never waste time with the wrong buyers in commercial business sales Rancho Santa Margarita. We prescreen buyers for you and keep you from focusing too much on a single buyer. We understand the importance of competing bids.
Our job is to ensure you sell fast and at the best price. Give us a call today and let us help you get your business ready to sell and help you get the best deal. We offer a free, no-obligation consultation.