|
|
Get Knowledge! Click & Order these Helpful Books & Tools for Success!
|
5 Reasons to hire DJB Business Brokers when Selling your Business
|
|
#5: Get a Intermediary to pre-screen prospects.
This reason alone could be one of the top reasons to hire the services of a professional business broker. Spending time with prospects who are unqualified to purchase is unproductive.
#4: Keeping focus on business.
Your job is to build and keep the business running, which is a full time resource in itself. By outsoursing the business transfer process, you can keep focus on the business.
#3: Maintaining negotiation.
It is a proven fact that in almost all transactions, those who retain the services of a professional receive a higher sale which results in a higher NET proceeds to the seller.
#2: Professional representation.
Selling a business is a complex proceess that requries a professional team to succeussfuly complete the proper transfer of business. Business Brokers have the resources to complete this task for you as part of a team that is hired by the business owner.
#1 Reason:
Confidentiallity. Business transfers will incur several items that must be held confidential. This includes name, location, financials, tax returns, payroll, personal, lease, permits, tradmarks, strategy, management, etc. just to name a few. Business Brokers are skilled in providing a service that is customized to each unique seller's objective.
|
|
5 Common Reasons a Business Does Not Sell
|
|
#5 Unrealistic Asking Price
Prospective purchasers of a business are buying anticipated future earnings based on historical perfomance of a business. If the multiple of those earnings are outside the range of comparable businesses within the same industry, the business will have a hard time attracting a ready, willing and able purchaser.
#4 Business is Not Profitable
Almost a side note to #5, purchasers are seeking earnings / cashflow. In absence of that, the only value is that as a turn around distress sale being offered as sale of assets only. This usually will only be viable for experienced owner operators who are willing to assume additional risk vs. reward parameters.
#3 No Supporting Documents
Without supporting documents, (ie., tax returns, profit & loss statements, pos reports, etc.) almost all businesses will find difficulty in selling. If third party financing is involved, supporting documents are required.
#2 No Financing Available
As a continuation to #3, third party financing allows purchasers the ability to leverage capital. This also increases the interal rate of return as well as the risk of purchase. Common financing is SBA, Conventional, Non-Conventional, and Seller Held Private Party.
#1 REASON...NO ONE KNOWS IT IS FOR SALE!
It does not matter how great a business is, or how well it is priced, financed, etc. If no one knows it is available, it will have a very hard time selling. The question becomes, how do you advertise AND STILL REMAIN CONFIDENTIAL? That is where DJB Business Brokers can Exceed your Expecations!
Contact us today, and let's start the path to Selling your Business.
|
Contact DJB Business Brokers to List your Business for Sale
|
|
|
To contact DJB Business Brokers about listing your business for sale, please check the SELLERS REGISTRATION FORM and complete your contact information below. Your SELLERS REGISTRATION FORM will automatically be sent to your email provided for your review, completion and return. Upon receipt of your SELLERS REGISTRATION FORM, a member of DJB Business Brokers will contact you to list your business for sale.
We look forward to Exceeding your Expectations!
|
You have not selected any of the above reports.
|
|
|