Sell Your Business Faster With Proven Business Brokerage Advice

To sell your business, you can go it alone or take advantage of the experience of business brokers and get your company sold fast — at the price you want.

Your first concern might be the cost of hiring business brokers. However, data shows that business owners who attempt to sell their company without help are 60 percent to 70 percent less likely to do so successfully.

Also consider that business owners who take the advice of business brokers sell at 6–25 percent more than other business owners. The higher selling price often is more than enough to cover the cost of hiring a business broker.

Businesses can take from six to 12 months to sell. The complexity of selling a business can overwhelm a business owner. However, the proven advice of a business broker can give you the best chance of selling your business fast.

What Is a Business Broker?

A business broker helps you buy or sell your business. Good business brokers can handle the sale of your business from beginning to end, getting you to closing quickly and at the price you want.

How Business Brokers Sell Your Business Fast

What does proven business brokerage advice look like? A business broker can sell your business faster by maximizing the value of your business, tapping into a vast network of buyers, providing expert marketing, maintaining your confidentiality, negotiating on your behalf, and guiding the due diligence.

Here’s a closer look at how a broker will help.

Valuation

A business broker can maximize the value of your company by looking at your financial performance, market conditions, and growth potential.

A Network of Buyers

Business brokers maintain a list of pre-screened buyers looking for businesses like yours. This can help them easily match a qualified buyer with your business.

Marketing

Business brokers are experienced in developing marketing plans and materials. They use the most effective channels to generate interest in your business and attract the right buyers.

Confidentiality

Among their many skills, good business brokers are adept at managing confidentiality. They reveal enough through marketing to let potential buyers know the type of business you’re selling but protect your identity and your business information.

Negotiations

A business broker employs the right negotiation strategy to help you work out the best possible terms with the buyer.

Due Diligence

Using their experience with due diligence, business brokers can guide the review of reports, records, licenses, and contracts and the creation of required legal documents to see that all necessary documents are available for buyers to inspect. This can save considerable time.

Experienced business brokers know your industry and understand markets. They can help identify challenges and opportunities early to show your business as favorably as possible.

The Right Advice Can Help Sell Your Business Fast

Starting and running a company is what you’re good at. And you might be able to sell your business when the time comes. However, a business broker can allow you to continue running your business while the broker gets you to closing quickly and at maximum value.