Business Broker San Diego - What are the Primary Qualifications of a Business Broker?

A business broker San Diego must have a lot of professional training and experience. You cannot just hire anybody that is recommended to you. You have to dig deeper in order to ensure that the person you are considering for the purchase or sale of a business has what it takes to give you the support that you need. In this article, we shall be looking at the primary qualifications of every effective business broker in San Diego.

Having additional training also gives business brokers San Diego networking opportunities and exposure that enables them to be more effective in the sale of businesses. Always focus on the most trained brokers and especially those who get continuous training.

Real estate license
This is another qualification that is not a requirements but a very important one. Having this license means the broker will be able not only to sell your business assets but also its building and the land it sits on. If you plan on selling the property that your business is sitting on, you should check to make sure that the business broker has a real estate license. If he doesn’t, you will spend more because you will have to not only retain the business broker but also have to work with a realtor.

Business degree
The business broker San Diego that you end up hiring must have a business degree. To obtain any industry credentials, brokers are required to have a bachelor’s degree in business or accounting. The more education qualifications a broker have the better. The added education will offer the broker crucial information while at the same time improving chances of him being more effective in the sale of a business.

Licensing
A vital qualification your broker must have is the Licensing. This is the qualification that enables him to provide accurate business valuation reports. Although it is not a requirement, the Licensing raises the reliability of a business broker. Most of the brokers with this Licensing offer the business valuation reports for free or for a fee much lower than that offered by the business appraisers.

Making sure the business brokers San Diego that you are considering have these qualifications will increase your chances of getting the best possible support. Don’t hire a broker for the sake of doing so. Hire because he has the qualifications that you need.

Business brokers San Diego

What Client’s Say

We Couldn’t Be Happier

"When we thought about selling we had no idea what our business was worth or how to go about selling. What you were able to do was to cut through the fog so that we understood the valuation issue and had a comfort level with the process. As you know we ended up selling for somewhat more than the original valuation and we got all cash and our CPA loved the way our tax liability was minimized. We couldn’t be happier!"

Over $250,000 More

"Our first contact with you shocked us when you suggested that we wait 18 months before selling because you believed that if we hit our projections that the value would be significantly greater. As it turned out we not only followed your advice but also got slightly over $250,000 more than we originally had hoped for. It is seldom that we have had the opportunity to deal with a firm that doesn’t want both money and a commitment NOW. It was clear and obvious that you had our best interests at heart."

You Got the Valuation We Agreed On

"You did a great job on the sale of our business in really beating the bushes for buyers, including a UK company that was an active suitor. You managed to get the valuation that we had all agreed upon and got it substantially all in cash and got the transaction closed with little to no problems or expensive lawyers involved."

Thank You for Handling Our Business

"Our business was smaller than what your firm normally handles but it was a BIG part of our net worth and savings. Thank you for handling our business and we were very pleased and delighted with the results."

More Than Anticipated

"Our transaction was involved as we had different corporate entities located in different states. Our only regret is that we didn’t retain your services before 2012 when we paid $25,000 to a firm in Texas that did a valuation and market analysis for us before then failing to do anything in the way of trying to sell our business. You got it sold for more than anticipated."

The Sales Process