Did you know that on average, you only have a 10% to 20% chance of selling your business on your own? No matter how knowledgeable you are about your industry, there are key details and know-how that The Valley Business Broker can offer to help you get your business sold.
The sales process can be confusing, long, and downright frustrating at times. Contact Steve Barnett at The Valley Business Broker today to get a free consultation and find out how you can get top dollar for your business.
The Valley Business Broker – Steve Barnett
There’s nothing more valuable than an expert business broker on your team when it’s time to sell your biz. However, it’s essential to make sure the person you choose to work with has a track record of success. Steve has sold millions of dollars in businesses with an 80% to 90% success rate.
You might be surprised to learn that you don’t need a college degree or any applicable experience to become a business broker. In fact, the only thing required is a real estate salesperson’s certification. That means that when you’re searching for the right business broker for you, not all of them are created equal.
If you want to work with the best in the business, consider Steve Barnett. Steve is a highly-educated individual with direct applicable experience in business. His history as a CFO, Controller, and VP of Finance gives him unique experience that can help you get your business sold quickly and for a fair price.
Understanding the inner workings of a business is essential when it comes to making a fair sale. Steve holds a CPA certification from the State of Washington and an MBA in Business Management from Pepperdine University. He is also a licensed Real Estate Broker and Certified Business Broker. He uses his knowledge to help people just like you make sales and move on to their next dream in life.
If you’re ready to cash in on your hard work building your business, there’s no better time than the present. Reach out to Steve today to see how he can help you get the best price possible for your Sherman Oaks bizbusiness!
How to Sell a Business in Sherman Oaks
There’s no doubt that selling your business comes with a whirlwind of emotions. Chances are, you’re probably excited about the possibility of spending the money you’ll earn on your next greatest endeavor. However, it’s likely that you might feel unsure about the process and anxious that something might go wrong.
The truth is, that anxiety is not misplaced. There are so many things that, when not done properly, can make the sales process much harder than it needs to be. For example, entertaining every potential prospect might seem like a good way to spend your time, but more often than not, it’s a waste of it.
That’s why you need The Valley Business Broker in your corner. Steve knows the ins and outs of business sales and wants to help you achieve your goals. Using his years of experience, he has crafted a tried-and-true process that makes selling your business effective, effortless, and above all, rewarding.
With Steve, you’ll never have to worry about being left in the dark, as he has a clear policy of transparency and open communication. He shares the same goals as you: selling your business for a fair price, in a reasonable amount of time, to a serious buyer who wants to get the deal done.
Ultimately, when you work with a business broker like Steve, you get an extra pair of hands to help with the heavy lifting.
Getting to know a broker’s process is one of the best ways to see if you’re a good fit for one another. It’s a great way to set the groundwork for a positive relationship and to ensure you know what’s going on every step of the way.
Steve’s process is straightforward, comprehensive, and guaranteed to give you a better shot at selling your business for your asking price.
Here’s a quick rundown of what you can expect with Steve:
- Complete a business valuation and agree on a listing price.
- Sign representation agreement.
- Prepare marketing materials that are carefully crafted to shine the best light possible on your business.
- Screen potential buyers to ensure offers come to the table in a timely fashion.
- Work with selected buyers toward preparation and presentation of the offer.
- Negotiate an offer between buyer and seller.
- Manage the due diligence process and team up with attorneys, accountants, and escrow professionals to officially seal the deal.
The most important part of your relationship with Steve is open communication. If you have any questions, concerns, or requests along the way, you’re encouraged to take advantage of his open-door policy. Remember: when you work with Steve, you’re in this together!
Sherman Oaks Business Broker Frequently Asked Questions
A) The role of a business broker is to partner with business owners to sell their company for a fair price in a reasonable amount of time. Some important duties of business brokers include completing business valuations, identifying areas in need of improvement, marketing to potential buyers, and screening offers.
A) Perhaps one of the most important benefits of working with a business broker is experience. With The Valley Business Broker in your corner, you are 70% to 80% more likely to get your business sold. This is possible since Steve has industry knowledge as well as connections with industry specialists, professional advisors, and even potential buyers.
A) Hiring the right business broker is essential to a stress-free biz sales process. One of the easiest things you can do to make sure the fit is right is simple: ask plenty of questions. Familiarize yourself with the broker’s process and don’t leave anything up to interpretation.
Ready to sell your business or have more questions? Reach out today to speak with The Valley Business Broker.