Pensacola Business Brokers
“Your Exit Strategy Starts With Comprehensive Business Valuation”
IS YOUR BUSINESS YOUR RETIREMENT PLAN?
Is it sellable….
If your answer is NO to any of these….you need a plan!!!!!
- Will you own your business forever
- Do you know the value of your business
- Is the current fair market value enough to support your retirement plan
- Have you maximized your retirement plan
An exit strategy is a common sense part of owning a business, and adds a sense safety and peace-of-mind to a risky proposition.
PRICE IT RIGHT
Some Merger & Acquisition Advisors just can’t bring themselves to tell you that your price is too high. Don’t choose a Merger & Acquisition Advisor on the basis of which one values your business at the highest price so they can get a listing. The price of your business needs to be realistic and the best way to accomplish this is to have your business valued by an experienced valuator that is knowledgeable in both the science of valuations as well as the art that shapes the valuation. Businesses that use a business valuator have an 80% chance of selling at a much higher price. Those who do not use a professional business broker/valuator only have a 10% chance of selling.
Your tendency will be to overprice your business. When you do, the time it takes to sell just stretches out. Nothing raises the doubts of a prospective buyer more than to find out you’ve been trying to sell for a long time. A full-fledged business valuation costs upward of $2000, so don’t expect a good written appraisal for less.