Selling Your Business
Why should I use a Business Broker to sell my business?
Business Owners who have sold a business in the past will likely tell you it is long, stressful process. Selling your own business can actually hurt the value of your business as it takes your focus away from the day to day operating of your company at a critical time when you should be increasing or at least maintaining your current brand. When a Business Broker assists you in the process it can pay off in more ways than just the price obtained. Business Brokers will help properly value your business, reach out to buyers they already have, reach a larger number of new buyers, allow you to continue running your business rather than taking your focus away, maintain confidentiality, and, most importantly, assist with the closing of your transaction based upon experience and training. The most common mistake potential sellers make is comparing the sale of their business to that of selling a house.
Selling a business can be a complicated and emotional processes.
Once you list your business, tire kickers will consume your life. After weeding through them, you’ll enter multiple levels of negotiations that can take up a lot of your time. Then, you’ll bring in and manage several service providers. The deal will die several times. Financing will run into speed bumps. Don’t forget to add in the emotional aspect of leaving the business you painstakingly built. Needless to say, it will feel like a never-ending roller coaster.
On top of all that, you are still trying to maintain your business.
This is where First Choice Business Brokers of San Diego comes in. My role as a business broker is to walk you through this complicated and often times frustrating process. I oversee the transaction from start to finish so you can focus on what matters – managing your company.
Contact Trent Lee for a FREE no obligation consultation at 702-505-2789.
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