Thursday, September 20, 2012

35 Reasons Why You Should Choose FBX as Your Business Broker

Yesterday I was asked why should I choose FBX as my business broker? I came up with 35 reasons:

1. We are experts at selling businesses having listed and sold more than $275M in transactions in the past decade.
2. We allow you to focus on running your business successfully.
3. We know how to protect your confidentiality -- what to show buyers and when to show it.
4. We have an active database of buyers including investment groups, high net worth individuals and past sellers.
5. We are experts at market valuations and are able to determine what your business is worth.
6. We can determine the approximate price, terms and conditions it should sell for.
7. We know how to find business buyers.
8. We know what it takes to prepare a business for sale and have programs, such as GR2S, to help an unmarketable business become marketable.
9. We are experts at intermediating negotiations and keeping deals on the table.
10. We understand the sales process and coach sellers from start to finish.
11. We know the traditional and nontraditional lending markets, and we assist buyers requiring financing.
12. We are motivated to sell your business as we are paid for performance.
13. We market on the most visited business websites such as BizBuySell, BizQuest, BBF and many others.
14. We cover all of Florida with local market experts throughout the state.
15. We have over 40 intermediaries with knowledge in nearly all industries to lean on if your local intermediary needs assistance.
16. We are experts in financial recasting and provide a realistic earnings assessment for buyer and seller.
17. We know how to execute a quick sale in a crisis situation so as to not give away any more than necessary.
18. We know competent advisors in your area including CPAs, attorneys, financial advisors, consultants, appriasers, lenders, etc..
19. We understand what motivates a buyer to buy and can position your business accordingly.
20. We know how and how not to answer buyers' questions and coach sellers accordingly.
21. We understand what documents and information buyers will want to see and help you prepare it in advance.
22. We know when the best times of year are to list businesses for sale.
23. We are experts at developing a marketing strategy tailored specifically for your business.
24. We understand marketing communications and how to package teaser pages and confidential memorandums.
25. We know how to reconcile differences between tax returns and financial statements.
26. We are experts at negotiation and know how to come to fair terms and conditions quickly without wasting a lot of time.
27. We co-broke giving you access to brokers' buyers not only within FBX, but throughout Florida, the U.S. and the world.
28. We know how to create and manage interest from multiple buyers simultaneously.
29. We screen buyers to evaluate competence and financial viability.
30. We answer the majority of buyer questions prior to a meeting reducing your time investment.
31. We provide a third-party, unbiased opinion on all aspects of the business sale.
32. We handle escrow to ensure monies are held and distributed according to Florida law.
33. We work with your advisors regarding tax and legal aspects of sale.
34. We offer continual buyer follow-up until a decision is made.
35. We receive, present and help sellers evaluate purchase offers.

I am sure there are many more I can think of, but this is a good start!

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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