Saturday, February 1, 2014

Pricing your business sale | South Coast Business Bulletin

"At an initial meeting, a small business owner will usually ask a business broker what he or she thinks their business will sell for. The business broker usually explains that a review of tax returns, financial information, assets to be sold, etc. will be necessary before a range of pricing can be suggested.

Some sellers have an idea about what they feel their small business is worth. Many sellers have absolutely no idea. Some have an ill-conceived price in their mind based on what they want or need financially to exit or retire.

Of course, we all know that the amount they desire usually has absolutely nothing to do with the appropriate business value.

A professional valuator or business broker/ intermediary will factor in all the important ingredients to develop the value of the business. Business Brokers are familiar with financial analysis, have access to comparable business statistics and sales, are well versed with the current market conditions and can carefully establish a range of sale prices to expect."

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Pricing your business sale | South Coast Business Bulletin:

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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