1.) Why Should I Use A Business Broker?
As business brokers we are exclusively involved with finding a
buyer for a seller (you). 100% of our activity is business for sale.
Whereas a realtor handles 90% or more of residential or rental
properties. Would you give your business to someone to sell 10% of the
time or 100% of the time?
Secondly, and most importantly - we spend a lot of time getting to
know the people who call us looking for a business to buy. We are
trained to find out what motivates them, their financial ability to
afford a business and overcome concerns and obstacles in the decision
making process. In short we help them make the decision, the right
decision to buy.
All of the above takes time.
Should I Sign A 1 Year Agreement With The Business Broker?
It takes an investment in time and money to secure the right
buyer for your business. Again this is not an easy task. Financing
alone can take months. We talk to many people, but few are capable or
willing to buy a business.
3.) Why Do I
Have To Pay A 10% Commission On The Sale?
The seller should only be concerned with the bottom line. The
money comes from the buyer. What you get for your business minus the
commission is all that counts. You'll find a realtor for less, but do
you want to get less effort as well? Selling a business takes more persistent
effort than a home. Most people will take the path of least
resistance if given the choice.
Don't Need A Business Broker, I Can Sell This Business Myself.
You'll soon find out that selling your business takes a lot of
your time. Would you rather run your business and maintain your income
or sacrifice that looking for a buyer? We are professional business
brokers with experience. Can you compare with us? WE have people come
to us to buy a business - more people than one owner/operator can
attract. It's not uncommon for someone to become interested in a
business they may not have intended. Besides, owner/sellers run a much
greater risk of being discovered.