6 issues to consider before hiring a business broker - The Business Journals

"When selling your business, you have two options:

1. Sell your business yourself
2. Hire a business broker

While it’s possible to successfully sell your business on your own, hiring a business broker often guarantees a quick and painless sale.

Unlike many small business owners, brokers have years of experience in selling small businesses. They know what works and what doesn’t, making them extremely helpful when handling tasks such as business valuation, advertising or marketing, prospect interviews, negotiation, due diligence, and other critical aspects of the sale.

Hiring a broker also allows you, the owner, to focus on running the business and increasing its value while the broker handles the details of the complex transaction.

If and when you decide to hire a broker, make sure you properly vet your options, as having a quality broker can mean the different between a successful business exit and a long and costly sale.

Whether you are choosing a new broker or deciding if your current broker is right for your upcoming sale, here are six key areas you should address:"

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6 issues to consider before hiring a business broker - The Business Journals:

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.