You’ve made a decision. You’ve decided to sell your business. Congratulations, you have just taken a very important step on the road to making your economic goals a reality. Whether you are selling to pursue other business interests or you are retiring, or perhaps you are moving into employment in another industry all together.
But whatever you are planning it is important to do your research to find the best Business Transfer Agency for you. Firstly look for a broker that has experience of selling businesses in the same or a related sector to the one you want to put on the market. This is vital as any questions you may have about the sale the broker will have already experienced with similar businesses in the past.
After you have done that research, it is now a good idea to meet with different business transfer agencies in your area. This will help you decide which broker is the best fit for you based on your priorities. For example perhaps you are looking for a quick sale so it may be best to go with the broker that has sold similar businesses in a short time scale in the past, or maybe you want to get the absolute maximum value for your business therefore it would be wise to have a discussion with various brokers to find out which one is most confident they can achieve this.
Lastly although this may sound obvious it is a good idea to go with the Business Transfer Agency that makes you feel most comfortable. This is important because you are entrusting them with the sale of something that is very important to you, and you are going to have a relationship with that broker for a considerable period of time so it is very important they not only know what it is you want but you also feel comfortable discussing the various challenges that can come up along the way and be able to build a relationship based on trust and integrity.
Now all you need to do is put your business on the market and take that all important step to the next stage of your life.