How To Sell My Business – Many of today’s investors are looking for established businesses, with a strong customer base, in areas that are recession resistant. Any of you that currently own a Georgia or South Carolina business has a unique opportunity to offer a business for sale.
When I decided that it was time to sell my business, I found that there were numerous hurdles, things that I had never really thought about over the years. The first hurdle that I ran into was “How do I value my business to sell?” or in other words, how to come up with an asking price.
If I had not made the decision to sell my business, my kids would have been left with the option of continuing the day to day operations or selling off the assets, piece by piece. I believed that there was more value in my company than just the inventory and furnishings. I had spent years growing a customer base and connecting with the best suppliers. But, how would I come up with a price and find a buyer?
I learned that I could have a professional appraisal done, but then I would need to find a way to reach potential buyers. That meant lots of advertising in various media, a costly endeavor. I eventually decided that the best way to sell my business was to hire a broker. Luckily, I found a Best Business Broker.
When it comes to business brokers, Best Business Brokers are linked with hundreds or thousands of Business Brokers around the world. They have the ability to reach more potential buyers than I could have ever done on my own. With years of knowledge and experience, they know more about selling a business than I could have ever hoped to learn on my own.
If you’re like me, you know how your company runs. You established it from the ground up and there isn’t a single attribute that you cannot mention. But, unless your company brokers the sale of businesses, then you probably don’t know much about the whole process of selling a business.
They helped me establish a fair selling price that took into account my years of hard work. They told me about the paperwork that I would need to supply in order to complete the sale. They advised me about all of the legal and ethical issues. In other words, they helped me sell my business with minimal effort.
If your company is located in Georgia, Charleston, SC or the surrounding areas, Best Business Brokers are great local business brokers. They know how to find qualified buyers for a business for sale.
They did all of the screening and they eventually helped the new owners find financing. The broker that I dealt with was professional and courteous. The transaction went off without a hitch and I was able to sell my business for more than I probably could on my own. If it weren’t for Best Business Brokers, I’d probably still be looking for a buyer.