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The fact is there
are at least 4 people looking to buy a business
for every one business listed.
Buyers are a usually
educated and knowledge in business. But
they each may have different reasons for
interest. One may just want the assets to
expand there business another may think
it is strategic to there goals. Each with
there own idea of a value to your business.
True but unrealistic.
What a seller needs is to be prepared with
realistic expectations and supporting documentation
to support all buyers.
The best time to
sell your business is when you can show
a track record of growth and continual increasing
returns to the buyer. Some owners don’t
sell because they are concern on what they
will do next. Depending on your business,
management contracts maybe a viable way
to stay involved and help the new owner
meet his goals.
Untrue. Absentee
ownership seems to have less risk to a buyer.
They do not have to know the business intimately
to own it. Buyers can take the place of
key employees and realize a greater return.
In most cases it
is important to the buyer that the employees
do stay. Also with new ownership come new
opportunities for the employees.
Wrong, A broker can
provide you with the knowledge of what you
and your company need to do to prepare your
business for sale. It is never to early
to plan and exit strategy and a BBS Professional
is willing to take on such a relationship
to guide you and prepare your business for
sale.
No matter what your reasons
for selling, hiring a BBS Professional to
help you compile, market and present your
business to its greatest potential is key.
Hiring a BBS Professional gives you the
confidence that your personal and business
information will only be provided to qualified
interested buyers.
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