Business brokers are the professionals who will facilitate the successful sale of your business. It is important that you understand just what a professional business broker can do – as well as what they can’t. A business broker can help you decide how to price your business and how to structure the sale so it makes sense for everyone – you and the buyer. A business broker can find the right buyer for your business, work with you and the buyer when negotiating, and during every other step of the way until the transaction is successfully closed. A Business broker will also help the buyer in all the details of the business buying process, which often includes obtaining outside financing.
A business broker is not, however, a magician who can sell an overpriced business. Most businesses are saleable if priced and structured properly. You should understand that only the marketplace can determine what a business will sell for. The amount of the down payment you are willing to accept along with the terms of the seller financing can greatly influence not only the ultimate selling price, but the success of the sale itself.
If you are considering the sale of your business, call Ascend Business Brokers at 866.970.7050 and visit us at Ascend Business Brokers.