Using a business broker
Why Should You Use Company Sales & Acquisitions Limited
There are sound reasons why you should use a business sales consultant when selling or buying a business.
Sellers
For sellers, the reasons to use a business sales consultant include:
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Consultants offer greater exposure to a range of buyers
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They have a wealth of negotiating experience
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They offer the advantage of a "middle man", which helps with negotiations and offers an emotional safety valve
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They can asses the true value of the business
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Minimise your involvement in the sale process
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They protect your confidentiality
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Preserve the relationship between yourself and the buyer
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They can screen potential purchasers before releasing information
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They can negotiate the sales process away from your premises
Buyers
For buyers, the reasons to use a business broker include:
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Brokers offer a greater variety of businesses from which to choose
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They have experience in what business types would suit your work expertise, and are currently most popular
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They are a good sounding board for your ideas and concerns
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They are a source of good quality businesses that are reasonably priced
What To Look For In A Business Sales Consultant
These are just some of the qualities you should look for from your Business Sales Consultant:
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Integrity
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Experience
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A track record of successful result
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The ability to assess the value of your business
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The capacity for lateral thinking, to get around the potential deal-killers
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The responsibility to hold negotiations together in complex transactions
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Negotiation Expertise and Experience
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A knowledge of market values