Important Things to Do Before Selling Your Business
The decision to sell your company is a significant one hence the reason you should work with an experienced business broker Yorba Linda. At So-Cal Business Brokers we understand the plight of business owners who are planning on selling their businesses. That is why we have brought together the most experienced team of advisers to help with the business sale process. Thanks to our more than 20 years of experience, when you come to us you can be guaranteed of selling your business within the shortest time possible and for the best possible price.
The secret to our success can be seen in the support we give you. When you hire our business brokers Yorba Linda, the first thing we do is understand your needs and objectives then give you recommendations to help achieve your goals. Here are the key things we will recommend you do before you sell your business.
Understand how to price the business
Having developed a business from the ground up often makes it hard for business owners to put a price on it. The truth is you will not be able to sell it if you can’t price it right. That is why one of our biggest duties as your business broker in Orange County is to help with pricing. We, however, advice you to learn about pricing so that you can be prepared emotionally for the price we set.
There are several methods we use to price a business. It all depends on the nature of business and reason for selling. Our prices, however, take into account the following:
- Value of your business’ assets
- Future earnings / profit
- Value of intangible assets
Speaking to us will help understand how businesses in your sector are valued. We also welcome you to ask any question you may have such as why we have selected a certain business valuation method over another.
Understand the selling process
To avoid second guessing the efforts of your business broker Yorba Linda, it is paramount that you understand the selling process of a business early. Our team is happy to help with that. We offer a free consultation where you can speak with one of our experienced business brokers in Orange County. We are always happy to explain our process to you so that you don’t feel left out.
If your business is valued at between $500,000 and $10 million we can sell it. We specialize in manufacturing, service, distribution and internet businesses. Contact us now to find out if we can sell your type and size of business. We are always happy to hear from you.