Your business isn’t just any business. It is a living monument to late-night homework and early-morning deadlines. An accumulation of sweat, equity and lifetime achievement.
The decision to sell your business can be the most important decision of your life. Turning your operation into cash is a complex affair involving hundreds of variables. You face an uncertain economy, unbridled competition and sophisticated buyers. Without professional guidance, you face them alone.
Business sales intermediaries have professionally orchestrated hundreds of business sales transactions. With our worldwide affiliation, our members business offerings are regularly presented to numerous potential domestic and international buyers looking to relocate to our area.
Consider the Facts:
One out of four American businesses change hands each year.
- The vast majority of all business sellers are first-time sellers, unprepared to meet the complexities and time demands of a business sale transaction.
- “Do-it-yourself” sellers typically receive considerably less than the fair market value of their businesses.
- Over 50% of all small-to-medium sized business sales arranged by sellers without professional help result in transactional problems, dissatisfaction or default.
Today’s business buyer demands reliable financial and operational information that can be confirmed.
Quorum Business Advisors specialize in business sales and acquisitions of firms ranging in price from $10,000 to over $1,000,000. As we have sold about every category of business, we invite your review of our high level of ethics and performance by contacting them for clients we have served.
We are selective and are highly successful. We have policies of representing those clients who have a desire to see the continuing success of their business under the guardianship of a new owner.
Information for Business Sellers
Selling a business can be a time-consuming process packed with headaches. It doesn’t have to be.
Deciding to sell your business is the easy part. How to go about it is another problem altogether! Setting a price, advertising, negotiating with a prospective buyer, and a sea of legal and financial details need to be addressed. Also, most accounting in a privately held company is done to minimize tax obligations and may not portray the company in the best light; we deal with this problem every day.
Quorum Business Advisors provides or can help with:
KNOWLEDGE
We can market your business without employees, customers or competitors knowing that it is for sale. This is important to the smooth continuation of the business during the selling process.
TIME
We can save you time and frustration when it comes to selling your business. We’re the small business experts who can guide you through every aspect of the selling process – from arriving at a fair market price to handling financial arrangements and closing the transaction. We’re good at what we do. That’s why so many of our clients come back to .
MARKETING
25% of all businesses change hands each year. Because so many small businesses go on the market each year, selling a small business is a competitive ordeal. We can expose your business to prospective buyers not only in your local area, but also throughout the United States and abroad, thus securing qualified prospects. A good business broker is invaluable to the process.
In addition, we screen buyers to determine their financial qualifications. Because we work with each potential buyer in finding the right business for his or her needs, the prospects we bring to you are genuinely interested in your business as well as financially capable of making a purchase.
Did you know that only one out of 10 buyers ever buys the type of business they called about? Only one out of 400 buyers buys the specific business advertised! While this can be maddening if you try to sell your business alone, it’s a big plus if you are working with . Since we receive dozens of inquiries each day, the fact that you listed your firm with us increases the likelihood of finding a buyer early in the selling process.
NEGOTIATIONS
Determining the right price, of course, is crucial. We’ll arrive at a fair market price that you can feel good about, because we know the prices of similar types of businesses in your area in addition to trends at work in the market.
Because we screen all inquiries, then schedule buyer-seller meetings only with serious prospects at a time convenient to you, you receive the combined benefits of convenience and absolute confidentiality.
We handle negotiations in a clean, patient professional manner that keeps the business issues clearly in focus, rather than clouded by emotions and/or personalities. We can do something you cannot do, we are able to pursue a buyer. If you do, they may feel you are desperate and will only low-ball you on price.
SUCCESS
We at are well-trained professionals who are aware of your needs. In fact, most of us have experience as small business owners. Whether you are ready to sell your business now or are just beginning to think about it, call the us for a confidential, no cost appointment and business evaluation. We will be happy to answer any questions you may have.
We can make selling your business a successful, rewarding experience from your first meeting with us to the day you turn over the keys to the new owner.
Fee Basis and Policies:
For the most part, fees are earned on a success basis. This is to say, if we are successful in selling your business, then you normally will not pay our fees until closing. If not, then you will know in advance what the costs will be.
Contact me to discuss how we can be or service to you.
