top 5 reasons to use a business broker
TRANSCRIPT
Top 5 reasons to use a business broker
to sell your business
With John Geiwitz
1. BUSINESS BROKERS Know The Market And Have Access To A Database Of Active Buyers—Owner-Operators, Financial Buyers And Strategic Acquirers—looking For Businesses.
2. BUSINESS BROKERS Save Time By
Prequalifying Prospective Buyers’ Resources And Potential For Assuming Your Business, Eliminating “Tire Kickers.”
Making sure that confidentiality is always the top priority.
3. A good
business broker knows how to evaluate a business fully, separating out the operational, organizational and financial factors that can move the business up the value chain.
4. A Business Broker Will Apply Selling And Negotiation Skills To Find Solutions That Achieve Goals Of Both Buyer And Seller.
5. Minimize risk: the lower the perceived risk to a buyer, the more a buyer can afford to pay and the more a seller will receive.
Bonus Tip
Business
Brokers facilitate the due diligence
process and the preparation of
closing documents, coordinating other
service providers required to close the deal: lawyers,
accountants, landlords,
franchisors, lenders and insurance
experts.
