Who is the Best Business Broker? | So-Cal Business Brokers

The decision to sell a business is not one that should be taken lightly. There is so much at risk. If you are not careful, you might end up losing money or placing your business in the hands of the wrong successor. One way of making sure you sell for the right price and to the right person is working with a qualified business broker in San Diego. But who is the best business broker for you? Here are some important considerations you must make before settling on a business broker.

The mistake most business owners make when searching for a business broker is that of taking a broker’s word for it. What you need to note is people will say anything so that you hire them. To avoid falling in the wrong hands, you need to verify all the claims of the broker. To know who is the best business broker, here are the three crucial things you must check.

Credentials

Having the right credentials is important. You need to make sure that the broker has been certified by a recognized business brokers association. Being certified means the broker is good in what he does.

Track record

Being certified is not enough. You need to take a look at the number of years the broker has been in business. Take a look at the number of businesses the broker has sold and if he has sold businesses that are similar to yours. You need also to take a look at the businesses they have on their listing. While having more listings means the broker is good at his work, having too many listings may also mean the broker will not have enough time to dedicate to the sale of your business.

Client references

To determine if the broker is good at what he does, you need to contact a couple of his most recent clients. Any good broker will not hesitate to give you the contacts of several of their most recent clients. Contact at least three clients and know what they think about the business broker.

Making the above considerations will help you find the most competent business broker in San Diego to sell your business. You must, however, listen to your intuition. If you the broker you are about to hire does not value you or doesn’t take time to listen to your needs, then that will not be the right business broker for you. Keep searching until you find a broker you feel comfortable working with.

Who is the Best Business Broker

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