Why Use a Business Broker?
One of the main reasons to use a Transworld Business Broker to sell your business is confidentiality. At Transworld Cleveland we know how to market your business without disclosing sensitive information and we specialize in marketing your business to attract the most activity while maintaining confidentiality. It is very important that you keep operating your business like usual and avoid any disruptions in the business. I tell my business owners to keep running their business like they are going to have it another 10-20 years. If you keep investing and developing the business during the sale process, you will be rewarded with a quicker sale and at a higher price.
You want to keep the sale confidential from employees, suppliers, vendors and customers until the right time. Many times, the employees and these other business relationships such as with vendors and suppliers will be improved in the acquisition. This is because a new buyer brings in new capital and ideas for growth. But notifying these relationships to soon can cause uncertainty and lost business during the sales process.
Another reason is time. Selling a business successfully requires a step by step process that is both time consuming and complex. Most business owner’s time is focused on working in or on their business, which leaves no time for selling a business. At Transworld we have a proven process and the resources to successfully sell businesses. This is an event you do not want to take on by yourself this is better left to the professionals at Transworld that have sold thousands of businesses in many verticals.
Next there is financing. Business Brokers are networking with Banker’s and finance companies all the time and stay informed on all the latest programs that are available for acquisition financing. Many of the Main Street and Lower Middle Market acquisitions use SBA financing and the broker knows how to structure the sale to make the transaction SBA eligible. See SBA.gov
Knowing how to price your business for sale is crucial to attract buyers. Business Brokers have the resources and market data to price your business accurately. This will bring multiple buyers’ inquiries with the opportunity to sell the business at the highest competitive price.
If you are considering selling your business we make the process easy. Simply call Mike Snider at 440-628-4440 or email Mike at [email protected] Mike will conduct a confidential preliminary discussion with you to ask some of the following basic questions:
How long have you been in business?
What industry? What does your business do?
What size is your business? Estimated Annual Revenue?
What is the profitability? Estimated Annual Net Income?
What is the reason for selling?
What type of entity and who are the owners?
After the brief exchange of information and if there is mutual interest a Free no obligation consultation will be offered. We prefer to do this face to face at a confidential location.
That’s all, at the Free consultation meeting we will be able to provide additional information on the Transworld selling process and free information on the opinion of business value.
Call or email Mike Now: 440-628-4440 [email protected]
