Selling a business presents challenges. Some points to consider: Confidentiality how do you minimize the possibility of employees, vendors, and competitors, finding out that your business is for sale? An experienced and competent broker operates on a need to know basis by first evaluating prospective buyers and only then having them sign a confidentiality agreement.
When you are ready to sell a business, how do you establish a price? Price too low, leave money on the table, price too high, nothing happens. An experienced Business Team broker will naturally have an intuitive feeling about the marketplace derived from being involved in perhaps hundreds of sales but he/she will also have access to our
5,000+ proprietary transactions data base to give you the clearest picture possible of current market conditions.
If you sell a business to a buyer and it later fails, the buyer will sometimes look in your direction when pointing fingers. How do you minimize exposure? A competent broker will help you prepare the relevant disclosures and even more importantly, he/she will have carefully matched the buyer to your business and will provide you with as much information as possible so that you can make an informed decision as to the buyers probability of success. To sell a business, click here.
Before beginning to look for a business to buy, define your criteria. Things to consider: geographic area; amount of time you have available to manage your business; required cash flow and size and type of business that match your financial resources and your skill set.
Owning your own business can be both emotionally and financially rewarding. As with any investment, there are risks but based on our experience helping thousands of people buy a business that fulfilled their expectations, we suggest the following:
Interview and select a broker. Look for an experienced business broker who can help you avoid the pitfalls and mistakes that buyers often make. Select a broker who is willing to invest his/her time to gain a thorough understanding of your objectives and who has access to the largest inventory of businesses for sale in your area (we have 800+ businesses for sale at any one time) and whose priority is to find you the right business regardless of whether it is his/her own listing. To search listings, click here.
If you are looking for a larger business, represent a private equity group or a corporate buyer check out our businesses priced over $2 million or if you are planning to sell a business that may be of interest to a private equity group or strategic corporate buyer, contact our M&A group, BTI Group Mergers and Acquisitions.
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|Business Team is a unit of BTI Group and a member of the International Business Brokers Association and the California Association of Business Brokers. Business Team is the largest brokerage firm in the Western United States, with business brokers specializing in businesses for sale and selling businesses in Northern California, Southern California, Nevada, Missouri, and Washington, as well as, eCommerce and Internet businesses. Contact Business Team today!|
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|The information on this Website is compiled from a multitude of independent sources. Business-team.com does not guarantee the accuracy, truthfulness, completeness, timeliness or relevance of any items or claims on this site; nor has it made any investigation whatsoever into the information or advertising claims for any businesses, real estate, buyers, valuations, consultations, or other services or products which may be advertised or offered with the objective to sell a business. Potential buyers or sellers of the aforementioned should perform their own due diligence as to the accuracy of said information. Business Team recommends that Caveat Emptor - Buyer Beware.|
Because of the important legal and financial aspects and complexity of a sale/purchase of a business (1) neither Business Team ("Broker"), nor any of Broker's agents, employees, officers, directors, shareholders, co-brokers, independent contractors and affiliates ("Broker Group") make any representations or warranties regarding any business/stock being sold, any legal issues, aspects or ramifications connected with any sale/purchase, or any representation or warranty to either Buyer(s) or Seller(s) concerning the financial condition, terms of any purchase agreement or any matter relating to a potential sale.
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