How Business Brokers Help You Sell Your Business |
Posted: October 11, 2017 |
Here's what Playbook Advisory, as a business broker, does for business sellers and here's how it can be beneficial to homeowners such as you when selling your business: Playbook Advisory helps business owners who are interested in either buying or selling a small business. The firm focuses on profitable businesses ranging in size from $300,000 to $5,000,000. The firm is managed by Jim Peddle an industry veteran and leader who have successfully listed over 50 companies for over $35mm since 2011. Mr. Peddle has represented companies in many industries including Bowling, Gun & Firearm Retailer, Food & Beverage, Sporting Apparel, Medical Staffing, Technology and Defense & Aerospace. Playbook Advisory is a full-service provider with a thorough understanding of marketing and listing, negotiating, due diligence and closing of merger and acquisition deals. The firm is able to guide clients every step of the way as they navigate the process of selling. The advantage for a business owner in engaging Playbook is they will receive a dedicated professional who is motivated to maximize the company built by the seller over many years. A buyer who retains Playbook Advisory will leverage the years of contacts built by the firm the past eight years. We take a targeted approach to identify and established relationships with owners interested in selling their business. Business broker fees can vary between companies so it's important for owners to screen for those brokers with the right level of experience and know-how. Playbook Advisory can offer business owners a more competitive fee structure allowing the Seller to keep more of their equity at closing. Business brokers know buyers who are looking for a business to sell and our marketing and sales efforts are directed to business buyers. These consist of individuals, other companies, or private equity groups. Business brokers are trained and have to experience in business valuation. We are trained in reorganizing the revenue of your business so as to present to the buyer all its economic benefits, thus increasing the value of your business for the buyer. Our expertise helps our sellers determine the right price for their business and helps buyers understand how to evaluate a business. Business brokers have experience in selling businesses. Buyers and sellers often do not know well the business buying/selling processes and business brokers help both parties to facilitate the sale of the business. Business brokers follow procedures to maintain confidentiality when selling your business. It is very difficult to maintain confidentiality without an intermediary, such as a business broker. A buyer must be qualified and sign a confidentiality agreement before you know that your business is for sale. Business brokers have experience in business marketing without identifying them. Business brokers help buyers find financing to buy your business. Business brokers neatly negotiate for business sellers so that you get the best deal. By using a business broker to sell your business, you have time to do what you do best - continue to properly run your business so that it maintains its value during the sales process.
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