Why are businesses sold?
There are a number of reasons businesses are sold. The most common include: retirement, illness, desire to relocate, partnership disputes, marital disputes, career change, lost enthusiasm, "burnout" or capital reinvestment.
What is my business worth?
Part of our service is providing expert help in determining what your business is worth. We help you determine a price that is fair to you while being attractive to a buyer based on our ongoing knowledge of the ever-changing market.
Is there a good time to sell?
The decision to sell a business is usually driven by personal circumstances. Economically, it's best to sell the business when it is doing well. If handled properly, even a business that's not doing well can be sold.
Could I sell the business myself without a broker?
Some owners try to sell their business themselves — and some succeed. The value a professional broker brings are the resources and expertise for accurate valuation, effective marketing expertise, exposure of the business to a wide market, the ability to help a buyer obtain financing, and experience in closing the transaction. Most business owners simply don't have the expertise or knowledge to sell their business.
What does a broker do?
We provide all the service to bring the transaction to a close including: Valuation, Material and Record Coordination, Marketing plan, Qualifying buyers, Negotiation, and Closing the transaction. In addition, hiring a broker to handle your sale allows you to do what you do best — running your business!
Is using a broker expensive?
At Opportunities In Business, we get paid only when your business sells. Our fee is based on the price of the business. Since we can sell the business for more than the owners can by themselves, our services are well worth our fee.
For more information on selling your business give us a call. We will send you more information and we can answer all of your questions and explain more about the services provided by Opportunities In Business. We understand the highly sensitive nature of selling a business. All information will be held in strict confidence.