|
When
is the best time to sell my business?
The best time to sell is when a business is doing well. It's best
not to wait until after a business has peaked; the selling price
can suffer. However, almost any business can be sold, even if
it is not doing well, if the sale is handled professionally and
priced correctly.
How
much is my business worth?
A company's value depends on many factors- such as cash flow,
asset values, financial history, condition of equipment and premises,
favorable lease terms, competition, location, and the economy.
By analyzing your business and comparable sales in your industry,
your VR Intermediary can advise you on the proper pricing strategy
for your business. For larger businesses we recommend a third
party valuation. Buyers are much more likely to pay top dollar
for a business when documented evidence supports the asking price.
Most financial institutions insist on a business valuation before
they will consider financing.
Why
not sell the business myself?
Most owners find that the frustration, expense and time involved
do not yield cost savings and many end up working with unqualified
buyers. In fact, because they do not have access to a large number
of qualified buyers, many owners end up selling their business
for much less than they could have received by working with a
well-established Intermediary. Plus, owners find it difficult
to work directly with buyers while maintaining confidentiality.
Selling a business is a specialized trade. Seek professional assistance
when it comes to selling an asset as valuable as your business.
Why
use a full-time professional Intermediary?
Sellers benefit in various ways. The more significant benefits
include: the ability to spend their time managing their business
during the selling process, thereby keeping their net profit up
and maintaining the maximum sales price; the ability to maintain
confidentiality about the sale therefore not alarming client bases,
employees and suppliers, or giving a market advantage to a competitor;
and step-by-step assistance through the selling process.
How
to choose the right Intermediary?
Who you choose to sell your business could affect the way you
live the rest of your life. Select a trained professional who
specializes in the sales of businesses only. Some questions you
should ask prior to making a decision are :
- Are you a full-time business Intermediary?
- Do you work from home or from an office?
- What type of training have you received?
- How do you value my business?
- Do you expose my business to a network
of other full-time professionals that are willing to show
the opportunity to their qualified buyers?
- What type of national and international
exposure does my business receive?
- What is your success rate of selling
correctly priced businesses?
Why should I use VR to sell my
business?
The VR network has developed a proven system for selling businesses
and has been operating since 1979. The only international network
of full-time professional business intermediaries catering to
the needs of their clients. When working with VR you receive the
following and much more:
- Confidentiality
- Maximum exposure
- Pre-screened buyers
- Negotiating power
- Advertising & marketing expertise
- International and national co-brokering
- Pricing and financing knowledge
- Experience
- Proven results
Please contact
us for more information.
|
