There may come a time when you decide to sell the business that you’ve built and nurtured, and you no doubt want the highest possible price for all your years of blood, sweat equity and tears. You were savvy enough to partner with the right people to build your business; make sure to do the same when you sell it. The best way to do that is to work with an experienced business broker who specializes in selling businesses.
A good business broker can and should be able to sell your business for 20-40 percent more than you could on your own, according to Michelle Seiler-Tucker, president and founder of Better Business Brokers and author of “Sell Your Business for More Than It’s Worth.” In an article at Small Business Computing, Seiler-Tucker defines a good business broker as someone who, in addition to managing the listing, expertly evaluates a business, knows the market, and connects with buyers.
There are two sides to vetting business brokers. Questions that you should ask them and the questions they should ask you. When you interview prospective brokers, they should be able to easily answer the following questions:"
Read more at:Go for Broker: How to Sell Your Business for More Money | TIME.com:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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