Why Give Exclusivity to a Business Broker for Molding Companies San Diego?

When it is time to sell a molding business, many business owners are torn between selling independently or through a business broker for molding companies San Diego trusts. If you are one of those people, this post will help you understand why it is a great idea to leave the sale of your business to an experienced business broker.

Thorough business valuation

The number one benefit of giving exclusivity to a business broker for molding companies San Diego depends on is getting an accurate business valuation. Performing a business valuation on your own often leads to compromises. You might see your business to have more value than it does. You also lack the expertise to perform a thorough valuation. It is wise to leave a business valuation to an experienced business broker. An accurate valuation will help you know how much your business is worth and help set a realistic selling price.

Better confidentiality management

The sale has to be kept a secret from start to end. The fewer the number of people who know about the sale, the better. It is often harder to maintain confidentiality when selling on your own. This is because every potential buyer you approach will associate the molding company you are selling with you. Working with a business broker, on the other hand, helps you distance yourself from the sale. Not even your own employees will learn about the sale until you want them to. Brokers use not only blind ads when listing your business but also prescreen potential buyers and require them to sign NDAs before sharing any information with them. This keeps the leakage of information to a minimum.

Expert advice throughout the sale

Numerous steps have to be taken when selling a business. The process starts with a business valuation and getting the business ready for sale and progresses to listing, qualifying potential buyers, and negotiating with them. All the steps involved in a business sale require some level of expertise. Therefore, it is wiser always to involve an expert throughout the sale. An experienced business broker will offer expert advice that helps you sell fast and for the right price.

Focus on the core operations of your business

Last but not least, you direly need the services of a business broker in San Diego so that you can focus on the core operations of your business. It takes months to find the right buyer and close the deal. To keep the value of your business from going down, you must keep running your business optimally. Without the help of a business broker, it would be hard to run your business optimally while reaching out to potential buyers.

Business Broker for Molding Companies 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."

Thorough business valuation

Better confidentiality management

Expert advice throughout the sale

Focus on the core operations of your business

The Sales Process