In this blog Rick Di Mecola shares his top 3 reasons to use a Business Broker when it comes to selling a business.
So, you’ve decided to sell your business. This journey can be emotional, and intimidating! After all, you’ve poured a lot of heart and soul into building a business and brand, your business is like your baby and you’ve looked after it since day one.
When it comes time to say goodbye, you want the best for your effort. Most importantly, you want a great return on your investment. This is why it’s important to reach out to a good business broker. Not all brokers are created equal and a good business broker will guide you through your journey and be by your side every step of the way. I abide by three key values;
1. STRATEGY – Reason #1 to Use a Business Broker
Business brokers can strategically match an owner with the right buyer. I can identify the right buyer for you, someone with the right budget and who fits your ideal profile. I can also aid you in when the right time to sell is, how to start the process, and how to ensure you are getting the best value for your asset.
2. PROACTIVE – Reason #2 to Use a Business Broker
Brokers should always provide a proactive approach to the sale of your business. I make time to sit down with you and identify where the best buyers for your business will come from, create a solid database of this knowledge, and then be proactive by reaching out to these buyers creating connections.
3. VALUE – Reason #3 to use a Business Broker
Business brokers can guide you on the value your business and will place the correct asking price on your business. Arriving at a reasonable price point can be a difficult part of the journey and is more complex than valuing other assets, like a house. I will guide you on establishing the right assessment of your business, one that doesn’t devalue the effort you put in over the years, nor scare off buyers.
There you have it, Rick’s Top 3 reason to use a Business broker. It really does pay to use a good business broker. Contact Rick today to find out more about how Alliance Business Brokers can help you.