Business Brokers - Selling Businesses
Whether you are selling or buying a business - we will work for you.
WHAT WE DO - We are hired by business owners to sell
his or her business in a confidential manner to qualified buyers. And we
do not get paid until closing so our motivation is there to succeed and
close on your business. We have helped business owners sell
their business with the strongest code of ethics out there.
Our business brokers are local brokers within your community fully trained in the confidential sale of existing businesses. If you try selling on your own or hire a "lazy" business broker then the following will occur...
Your employees will look elsewhere and leave
Your customers will start going elsewhere
Your competition will use this against you
Your suppliers and creditors might pull your credit
Your landlord might find loopholes to replace you
So then what happens to your business and all that goodwill and positive
cash flow you worked so hard to achieve? GONE - our business brokers
earn their fee by assuring this does not happen and preserving your
business' integrity.
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Representing The Seller Owner - one of the biggest problems in the business brokering industry is the lazy broker pawning off his or her responsibility on the business seller yet still demanding a high commission at closing. Some business owners NEVER meet their broker and other business owners ended up doing all of the selling without the broker's involvement. There are brokers looking for a quick buck without the effort needed to do a proper job.
You will continue to operate your business and we will do all the selling work for you. By hiring us, you are getting a business broker who will manage every step in the process - of course keeping you in the loop as we do so. NEVER will you communicate OR meet with a buyer (s) without us being by your side. We believe in providing a top notch representation then our commission will follow.
Valuing A Business - one of the common practices by business brokers is to list your business for what you think that it is worth. Quite honestly this is the worst way of listing a business because business buyers will have no interest in proceeding without concrete facts. Generally this type of pricing model goes hand-in-hand with business brokers charging high retainer or up-front fees. It is easy to collect these high up-front fees if we promised you the world in return. Don't go this route. Other brokers may apply gross sales formulas to determine your value - what does this prove - buyers want to see the value to them not sales.
We provide a concrete Business Market Valuation BEFORE we list your business. This provides the solid cash flow + assets foundation for the listing and becomes our # 1 tool in selling to business buyers.
Listing The Business - most business brokers rely on the archaic listing processes such as newspaper advertising while most others don't bother keeping a buyer database rather treating buyers like consumers of automobiles - here today and gone tomorrow. Then there are the majority of brokerages acting as clearinghouses meaning they take everything that comes along and hope a few of them sell. In essence your business - your pride and joy - just becomes part of a numbers game.
At Business Broker we use the most
advanced techniques to target and find new buyers. Gone are the days of
newspaper advertising. The Internet is the #1 tool now and we are
pioneers in this area.
Lou Posner, MS, JD
New York, New York 10017
(917) 501-4659
info@louposner.com