Why Use A Business Broker To Sell Your Business? Article

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Why Use A Business Broker To Sell Your Business?

There are many benefits in using a Business Broker when selling your business. One of the main reasons to use a Business Broker is to free up the owners time so he can concentrate on the business. When an owner tries to sell his or her own business, they will waste a lot of valuable time in doing so

Author: Robert Dean

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Another very important factor of using a Business Broker is the confidentiality involved with the sale. By not using a Broker, an owner risks loosing key clients, vendors and employees. So how else can a Business Broker help?

A Business Broker’s duties includes:

■Coming up with the appropriate value of the business, and explaining to the owner how the value was established.
■Writing a comprehensive Business Review on the company to increase the marketability of the business and to outline the business for potential buyers.
■The Advertising and marketing of the business to attract buyers.
■To answer all questions about the business from potential buyers
■To pre-screen buyers to make sure that they are financially qualified to buy the business
■Schedule and monitor all buyer/seller meetings.
■To obtain SBA financing for qualifying businesses.
■Handle all negotiations with offers and counteroffers on the business.
■To assist with the Due Diligence process.
■To assist the buyer and seller through the close of escrow.
These are just a few of the many benefits of using a Business Broker. There are hundreds of variables in selling a business and it is the Broker’s job to pay close attention to the details to make the business transaction a smooth one.

About Author

Robert Dean, native of Los Angeles, is an accomplished executive and business developer with a solid track record of building measurable value and maintaining strong working relationships. He will review your business financials to formulate the best appropriate value for the business. He will assemble a complete Confidential Business Review to maximize the value and marketability of the business and will handle all negotiations.

He has owned and sold several businesses throughout his career. He has a Bachelors Degree in Business Management, and, as an experienced business owner himself, has launched, built, and sold businesses large and small over the past 25 years. Robert specializes in several industries, including: Food & Beverage, Entertainment & Media and Service related industries.

BizEx is a member of the California Business Brokers Association and we adhere to very strict confidentiality procedures and policies.

Article Source: http://www.1888articles.com/author-robert-dean-33404.html