How To Sell a Small Business Without a Broker!
This site will share information about how to sell a small business without a broker. You will get the critical information you need to sell a small business without a broker. Avoid the mistakes that 40% of business owners make when trying to sell a business. You have undoubtedly worked hard to get your company to where it is now and should be properly rewarded; when selling your business.
The Truth About Selling a Small Business
You will find the information to sell a small business without a broker for companies with less than a million dollars in gross revenue. This should be regarded as a guideline, and you should do your research. Business brokers don’t want to represent smaller companies because they want higher fees; that larger businesses bring. Business brokers typically charge 10% to 12% or a minimum fee. Some business brokers charge an upfront retainer.
Critical Factors To Sell Your Business
Many small businesses will never sell because they don’t address critical areas that lead to failure. The critical areas are pricing and advertising. Knowing where to set your asking price is essential to sell your company. Bizbuysell releases a quarterly Insight Report that reports business sales and market data. The chart below was taken from an Insight Report. The most recent Insight Report can be found here.
How We Can Help You Sell Your Small Business
We have researched the most effective places to advertise your business. Our agency can get better rates than you can as an individual. Our research showed that pricing a small business incorrectly will result in no-sale. We solve this problem by providing you with Business Rules of Thumb for your industry. It’s the easiest and fastest way to price a company. Our Business For Sale Advertising Program saves money and gets better results. Learn more about the service by clicking here.