A buyer for every seller, a seller for every buyer
Smart sellers understand their business’ competitive advantage, what a realistic asking price is, and a potential buyer’s qualifications, well before they begin negotiating.
Selling a business requires careful planning, including knowing what buyers are looking for, how to clean up the books and tax records and how to present their business in the best possible light.
According to IBBA, only 10% of businesses for sale actually sell. Business Brokers educate sellers and help them prepare for a sale, doubling the likelihood of a successful close.
Showing a positive sales trend and having enough cash flow to support a new owner's income and financing, for example, can lead to a quicker sale (most businesses take a year to sell) at the highest possible asking price .
In the next ten years, more businesses will turn over as baby boomers continue to retire. According to the online business marketplace BizBuySell, it’s a good time to sell: a record 10,312 small businesses sold in 2018. Contact us for a free consultation today.