When you’re ready to sell your Florida business it’s never a good idea to do this yourself. You will forget important elements! Using Fort Lauderdale business brokers can save you time, money and headaches. First off, you need to ask yourself how educated you are on confidentiality agreements, the due diligence process, business valuation methods and whether you should sell, stocks, assets, liabilities or the entire package. If you plan on selling your business name, logo and other intellectual property such as signage or your telephone number do you know how to value intellectual property?
More Offers Are Better
Do you know how to capture buyers who are interested in your for-sale business? Essentially, the more offers you have, the better chance you have of selling your business. This is why it’s so important to seek out Fort Lauderdale business brokers who understand how to interview and select buyers who are really interested, not just those who are curious or want to gain an upper hand.
Interviewing and Selecting
The biggest advantage you’ll gain from hiring a Fort Lauderdale business broker is their experience and ability to weed out the curious and the non-desirable. Believe it or not, you may even fall into the trap of the non-experienced business broker! These are the types that will only utilize your desire to sell the business for their own gain.
They do this by offering promises that are outrageous such as a selling price more than your business is even worth. They may also talk you into releasing financial information with fast-talking promises to make you feel confident they are well-qualified and have ample contacts to sell your business. If you’re unsure on business or intellectual property valuation methods, don’t choose a business broker via a recommendation or from the telephone book. Take the time to ask questions on how many businesses the broker has been involved with, obtain some recommendations and above all, ask them questions such as the types of businesses they’ve sold in the past.
A good Fort Lauderdale business broker will understand the market, work with you to value your business, bring in many offers and work with you throughout the entire process to ensure you sell your business at the best price the market will bear.
For additional information or to contact us click on Fort Lauderdale Business Brokers
Cooper City Office
10620 Griffin Rd B-105,
Cooper City, Fl 33328
4720 NW Boca Raton Blvd,
(NW 2nd Ave) D-103
Boca Raton, Fl 33431