San Diego Business Broker

3 Common Questions Prospective Business Sellers Ask

When a business broker San Diego is meeting with a prospective client looking to sell their company, there are several questions we are asked. Because these questions are too common, I thought of addressing the most common ones that business sellers ask. Please keep in mind that these questions are not all inclusive. If you have other questions or need clarification on anything, please contact us. At So-Cal Business Brokers we are committed to helping you with the sale of business and one of the things we do is answer any question you might have.

How do you value a business before selling?

This is without any doubt the most popular question our business brokers San Diego get asked. Valuing a business enables you to know how much your business is really worth. It takes into account the complex interplay of factors. When performing a business valuation, our team takes into account factors that affect the value such as the financials as well as a series of other factors that determine the real worth of a business.

Business valuation is best left to the professionals. We are familiar with the comparable business sales, current market and will be able to settle on a value that is worthy of your business and make your business saleable. We ensure you never sell your business for less than it is worth. We have the skill and knowledge needed to value a business and value it to sell. Contact us today to learn more.

Can I sell the business myself?

The short answer is yes. The questions you, however, need to ask yourself is do you have access to a huge network of company resources as well as buyers? Will you be able to juggle running your business and meeting with potential buyers? Do you know how to keep the sale confidential? If you are honest, your answer to these questions will be no. That is why you need to leave the sale to us.

In our experience, business owners who sell on their own end up getting less return on their investment than when working with a business broker. Second, there are so many legalities that affect the sale. It is not uncommon for sellers to meet with their buyer in court during or after the sale. Third is the fact that it takes long to sell a business on your own than it would take when selling with the help of a business broker San Diego. Our job at So-Cal Business Brokers is to ensure everything is done right. We have the professional network, the time, resources and understand the legalities of a business sale.

How much will it cost to work with a business broker?

We earn a commission after the actual sale. We will not get paid until you are paid unless we had previous talk of a retainer or other arrangements. The commission is a percentage of the selling price. We work diligently on your behalf because we don’t get paid unless we sell your business.

Do you have any other seething question? Schedule a free consultation with our business brokers San Diego today. We are always happy to hear from you.

Business Broker San Diego