The Difference Between Selling A Business With And Without A Business Broker

by Steve Peters on March 2, 2012

You might be unsure as to whether or not you should take on the added expense of making use of the services of a business for sale Wellington broker to market your business. Naturally you’re going to want the best deal you can get, and as close to the fair value of the business as you possibly can, but at the same time you don’t need to be paying additional expenditures to achieve this.

You’ll find that as soon as you start looking into the services of a business broker that compared to what they’ve to provide you, the fees for their services are quite reasonable. What you could not be aware of as yet is that the small value that you are going to pay for these services could simply put you into a position where you might be making a lot more money from your sale than you could have expected.

Naturally you’ll have a dollar value in mind in regards to what your business is worth, but realizing whether or not you will be able to obtain this by making the sale yourself could not be something that you feel confident about. You could put yourself into two risky positions here. One you could set a cost that’s too low for your business, maybe because you want to sell it quickly, or you could over price your business, based on the way it stands at this time, and wait for months for a potential buyer who will not meet your asking price anyway.

When you use a skilled agent, the first thing that can be determined may be the true value, or worth of the business, depending on his expertise. He will know what the present market is, what businesses comparable to yours have already been selling for in your geographical area, and what you should do to bring your business up to qualify for the cost you want. He will help to give you advice if you are not being realistic with your expectations relating to the price.

Next you may be under the assumption that the business realty market is hot at this time and have made the choice to sell due to this. This could be a fact, but if you’re not familiar with business sales then there’s a good chance you may miss out on the hot buyers. Using an expert agent will ensure this does not take place. Generally when the business purchasing market is up, these skilled agents are super busy searching for viable businesses to meet their buying client’s requirements. By your signing up for their services you are going to end up on their sellers list and be given each and every chance to have your business presented to potential buyers, that not only have the funds in place for their investment, but are serious buyers as well.

If you try to sell your business without the expertise of a business broker there is certainly a great likelihood you’ll accept much less than the asking price, simply because you’re frustrated with all the tension that comes with this business venture. By letting the professionals take control of the sale, you simply have to wait till the right offer comes along, which can be much more likely to take place with the professionals doing the work for you.

Stay clear of the costly blunder of going with unreliable business for sale offers. Make a trip to now for the ultimate selection of business for sale Wellington options to choose from at very reasonable costs.

Leave a Comment

Previous post:

Next post: