From the initial valuation to the final settlement, Business Mergers and Sales will be beside you all the way
Whether or not it’s your first time, buying or selling a business can be a time of uncertainty and anxiety.
If you’re selling, what is your business worth? What factors are taken into account when valuing it? What should be allowed as ‘add backs’… and what are add backs?! Then, when you’ve dealt with dozens of inquiries from the merely curious, through people snooping on behalf of your competitors to the handful that are genuinely interested, how do you manage the sale?
If you’re buying, is the business worth what’s being asked for it? How can you tell? What’s the market for this business like? What would be an appropriate offer? Then, if you decide to buy, is the contract you’re being asked to sign fair and legal?
Buying or selling a business is a significant financial transaction for most people, easily equivalent to buying or selling a house but considerably more complex.
For the seller, having the advice and assistance of a professional business broker helps ensure that once the deal is done, you can relax and enjoy your retirement – or your new business – knowing that the sale was professionally handled and the buyers are totally happy. And it’ll be done confidentially, so your competitors, staff and suppliers don’t need to now until after the event.
For the buyer, a broker can explain how the business valuation was arrived at, so you can be confident that the price being asked is fair. If you want to make an offer, they’ll take that to the seller so you don’t have to negotiate