Key Questions in life start with Who, What, When, Where, Why and How? When it comes to selling a business it is no different.
How should I Sell my Business ? Unless you do all the work yourself, Florida law requires that you use a licensed real estate Salesperson or Broker to perform the 8 services of real estate. Those services are: Buy, Advertise, Rent, Sell, Appraise, Lease or Exchange Use a professional with the best company and processes.
Why should I Sell my Business?
MOTIVATION is the key. There are many reasons, from retirement, taxes, illness, career change; regardless of the reason you will get the best value, quickest by using a professional Business Broker, not a residential or commercial brokerage. Selling a cashflow valued business is a Specialty.
Where should I Sell my Business?
Today the Internet is the most efficient and effective resource for selling or buying a business. You can shop and compare many opportunities and a wealth of information before actually meeting with the seller or buyer. Over 5500 people are shopping the Business Internet sites in Florida every day.
When should I sell my business? (9 months before you have to)
The answer to this question is totally different for each person. As Brokers we recommend once the decision is made to sell, you should immediately engage a professional Business Broker to get the best value.
What are you selling?
As a business owner you are selling proveable cashflow, assets, DBA or Doing Business As name, location, possibly a Franchise license, other industry specific licenses, possibly the transfer of a staff of experienced employees, maybe a building or manufacturing plant. A Business Brokers knows how to list your business for the best value.
Who should sell my business?
Without a doubt a licensed Business Broker as required by Florida law.
Why use a Business Broker? ( Florida Law) plus;
- Saves you time & money.
- Maintain confidentiality.
- Educate you and walk you through the entire purchase process.
- Offer advice and consultation.
- Present the facts to you regarding your opportunities.
- Professionally handle negotiations.
- Coordinate the transfer process.
- Provide experience.
- Bridge the gap between you and the buyer.
Why Use Sunbelt 's Network of Business Brokers?
Bottom Line : We are the only Brokerage with the Local, National & International reach to attract Buyers for your business from all over the world. That means we can sell your business faster and for more money than the local competition.
The Sunbelt Network Message:
Confidentiality
Sunbelt can market your business without employees, customers or competitors knowing that it is for sale. This is important to the smooth transition of the business during the selling process.
Unlike the sale of real estate or franchises, the sale of an ongoing business is very confidential for both the seller and the prospective buyer. All inquiries are held in strict confidence. Meetings are confidential, and we will work with you to schedule convenient meeting times and locations.
Knowledge & Experience Deciding to sell your business is the easy part. How to go about selling it is another problem altogether. Setting a price, advertising, negotiating with a prospective buyer, and a sea of legal and financial details need to be addressed. Also, most accounting in a privately held company is done to minimize tax obligations and may not portray the company in the best light; we deal with this problem every day. Your Sunbelt Broker will help you in Recasting or Normalizing your financial information to capture the true Seller's Discretionary Earnings. This allows you to show the business's true earning capacity and allows you to maximize the value of your business.
Marketing
Because so many businesses go on the market each year, selling a business is a competitive ordeal. At Sunbelt , you have the advantage of the largest network of business brokers in the nation. We can expose your business to prospective buyers not only in you local area, but also throughout the United States and the world.
In addition, we screen all buyers to determine their financial qualifications. Because we work with each potential buyer in finding the right business for his or her needs, the prospects we bring to you are genuinely interested in your business. Only a small percentage of people who inquire about a particular business eventually purchases a business of that type. While this can be maddening if you try to sell your business alone, it's a tremendous opportunity if you are working with Sunbelt Business Brokers. Since we receive dozens of inquiries each day, the fact that your business is listed with Sunbelt increases the likelihood of finding a buyer early in the selling process.
Negotiations
Determining the right price, of course, is crucial. We'll arrive at a fair market price that you can feel good about, because we know the prices of similar types of businesses in your area, in addition to trends at work in the market.
We screen all inquiries, and schedule meetings with serious prospects at a time convenient to you. This offers you the combined benefits of convenience and absolute confidentiality.
We handle negotiations in a clean, patient, professional manner that keeps the business issues clearly in focus, rather than clouded by emotions of personalities. Sunbelt Brokers turn the problems created by attorney's, accountants, land lords, buyers and sellers into creative solutions that work for you.
Financing
Sunbelt will assist you in obtaining financing. Generally, banks are reluctant to finance business purchases for several reasons. First, all small businesses attempt to minimize profits shown on financial statements to reduce tax liability. Also, a bank cannot manage a business if foreclosure becomes necessary. Therefore, over ninety percent of business purchases are financed by the owner, which demonstrates their confidence in the business.
Time
Sunbelt can save you time and frustration when in comes to selling your business. We're the business experts who can guide you through every aspect of the selling process - from arriving at a fair market price to handling financial arrangements and closing the transaction. We're good at what we do. That's why so many of our clients come back to Sunbelt Business Brokers.
Success
We at Sunbelt Business Brokers are well-trained professionals who are aware of your needs. In fact, many of our brokers have experience as business owners. Whether you are ready to sell your business now or are just beginning to consider selling, call a Sunbelt office near you for a confidential, no cost appointment. We will be happy to answer any questions you may have.
Sunbelt Business Brokers can make selling your business a successful, rewarding experience from your first meeting with us to the day you turn over the keys to the new owner. |