Why Use a Business Broker?
Selling or buying a business is one of the biggest decisions a business Owner can make. It is much more complex than selling a house, transfers of business ownership demand considerable time and effort.
Usually, business owners are so busy with their daily operations that they are not able to spend the time and effort necessary to sell their business. All too often, the owner who attempts to sell his own business ends up with much less than it is actually worth, or worse, they cannot sell it at all.
This is where a professional business broker comes in. Business brokers represent the seller and manage the sales transaction: assessing the value of the business, presenting, marketing, qualifying buyers, negotiating and closing the deal.
Selling a business can be a complex and emotional process. There are countless issues that can arise during the sales process, including marketing your business, valuing your business, negotiating the terms and price, structuring the transaction, understanding important legal and tax issues and maintaining your confidentiality.
Studies have shown that using a good business broker will not only increase the likelihood of a successful transaction but also achieve a better price for your business due to the fact that Business Brokers do this every day. They know how to market and present your business more professionally and to a larger number of potential buyers.
For a confidential discussion regarding selling your business call us on 1300 556606