Selling your business

Portrait of male bartender with colleague working in background

Why Choose a Business Broker?

One of the most important financial decisions you will ever make is the decision to choose a Full Service Business Brokerage to assist you in the difficult process of selling your business. Choosing to place your most valuable assets on the market can be an emotional process. Working with the right broker can be the difference between a satisfying and worthwhile result and a financial and legal disaster.

BSAV is a Full Service Business Brokerage.

We provide all of the necessary services and support to complete the sale of the business to the satisfaction of both the seller and the buyer.
Our Services Include

  • Complimentary and Confidential initial consultation to discuss your business;
  • Business appraisals and valuations;
  • The compilation of all information necessary for the professional presentation of the business;
  • Individually tailored marketing strategies;
  • Interviewing and qualifying purchasers;
  • Establishing and maintaining strict Confidentiality Protocols;
  • The controlled and phased release of information matched to the evidence of buyer interest and sincerity;
  • Negotiation between all parties;
  • Assistance with sourcing financing;
  • Coordinating the flow of information between legal and financial representatives;
  • Preparation of draft contracts for your solicitors consideration;
  • Troubleshooting and conflict resolution;
  • Attending settlement if required.

 

Why Can’t I Sell It Myself?
Studies in the US show that engaging a professional business broker for the sale of your business increases the likelihood of a sale and the use of a third party negotiator such as broker often increases the actual selling price achieved.

An owner representing himself cannot maintain anonymity and the lost confidentiality could damage the business and affect the selling price.

A business owner’s time is more effectively utilized in maintaining the efficient operations welder working with electrode at semi-automatic arc welding in m of the business during the time it is on the market, thus ensuring the best presentation possible when prospective purchasers are brought for inspections.

An owner generally would not have the specialized knowledge, experience and negotiating skills needed to achieve the best price for his business in what is often a highly emotionally charged atmosphere of negotiation where the buyer’s objectives are often the opposite of the owner’s.

Business advertisements often attract calls from many prospective purchasers.

An owner typically would not have the time to contact, screen, meet with and qualify a large group of prospective purchasers.

The sale of a business involves a detailed knowledge of current laws, accounting practices, taxation issues and the use of specialized documentation, all of which would normally be beyond the typical scope of knowledge of the business owner.

Read More