Print is everywhere we look: from books to advertisements, signage to commercial packaging, and screen printed T-shirts to 3D printed products. California leads the nation with more than 2,900 printing businesses.
If you own one of those 2,900 California printing businesses and are ready to move on to your next venture, a printing business broker can make your sale smooth and successful.
What Does a Printing Business Broker Do?
The printing industry is projected to decline from 1.5% to 2.5% each year, but that doesn’t mean you can’t turn a profit in the sale of your printing business. One of the best ways to ensure you are able to reach top dollar for your business is to enlist the services of a business broker.
A printing business broker can give you an edge at every stage of selling your business. They will determine your business’s value, craft the perfect listing, market to prospective buyers and screen interested parties. When the time comes, they will negotiate the price and finer details, and work with legal and financial experts as needed to seal the deal.
Six Signs You Should Hire a Printing Business Broker
There are countless reasons you may want or need a printing business broker to help you sell your business. Here are just a few signs you could benefit from an expert broker’s services:
- You’re busy. Selling a business is a time- and energy-consuming process. Some small-to-midsize business owners do choose to sell their businesses without a broker. But many of them quickly find they can’t effectively manage their business and make progress toward selling it at the same time. Working with a business broker saves you time and effort, so you can focus on what matters most to you.
- You aren’t sure what your business is worth on the current market. Determining a fair price through a business valuation is critical when selling your business. As a business owner, you likely have strong knowledge of your assets, profits, expenses and revenue. But you will also need in-depth knowledge of local markets and industry trends. A printing business broker brings this knowledge and more to the table.
- You aren’t sure how to find buyers. Business brokers have extensive networks to connect you with qualified, serious buyers, all while maintaining confidentiality for business continuity.
- You don’t feel comfortable negotiating. Skilled brokers excel in negotiating and will protect your interests at all stages of a deal. They can navigate complex negotiations and reach a deal that suits all parties.
- You don’t have other experts on deck. Business brokers maintain a network of attorneys, accountants, financial institutions and other experts that can make your sale and transition of ownership as smooth as possible.
- You are emotional about selling your business. The decision to sell your business may be exciting, but it may also be heart wrenching. If you are struggling to detach, a business broker can offer an objective perspective from a fresh pair of eyes. A broker can help you make rational decisions during the entire sales process.
Printing Business Broker in California
If you are looking for a broker with the expertise to find your printing business’s next owner, consider The Valley Business Broker, Steve Barnett. Call (818) 625-2713 today for a free consultation or fill out the form on our site.