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When is the best time to sell my business?
The best time to sell is when a business
is doing well. It's best not to wait until after a business has
peaked; the selling price can suffer. However, almost any business
can be sold, even if it is not doing well, if the sale is handled
professionally and priced correctly.
How much is my business worth?
A company's value depends on many factors
such as cash flow, asset values, financial history, condition
of equipment and premises, favorable lease terms, competition,
location, and the economy. By analyzing your business and comparable
sales in your industry, your VR Intermediary can advise you on
the proper pricing strategy for your business. For larger businesses,
we recommend a third-party valuation. Buyers are much more likely
to pay top dollar for a business when documented evidence supports
the asking price. Most financial institutions insist on a business
valuation before they will consider financing.
Why not sell the business myself?
Most owners find that the frustration, expense
and time involved do not yield cost savings and many end up working
with unqualified buyers. In fact, because they do not have access
to a large number of qualified buyers, many owners end up selling
their business for much less than they could have received by
working with a well-established Intermediary. Plus, owners find
it difficult to work directly with buyers while maintaining confidentiality.
Selling a business is a specialized trade. Seek professional assistance
when it comes to selling an asset as valuable as your business.
Why use a full-time professional Intermediary?
Sellers benefit in various ways. The more
significant benefits include: the ability to spend their time
managing their business during the selling process, thereby keeping
their net profit up and maintaining the maximum sales price; the
ability to maintain confidentiality about the sale, therefore not
alarming client bases, employees and suppliers, or giving a market
advantage to a competitor; and step-by-step assistance through
the selling process.
How to choose the right Intermediary?
Who you choose to sell your business could
affect the way you live the rest of your life. Select a trained
professional who specializes in the sales of businesses only.
Some questions you should ask prior to making a decision are :
Why should I use VR to sell my business?
The VR network has developed a proven system
for selling businesses and has been operating since 1979. It is
the only
international network of full-time professional business intermediaries
catering to the needs of their clients. When working with VR, you
receive the following and much more:
Contact
us for more information.
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