Your broker can assist you to determine a fair market-related value for your business and offer advice on how to increase its value. Understanding what your business is really worth will help put a number to your endless hours of hard work and the investments you’ve made. Determine The True Value Of Your Business You've put in long hours, sweat and sometimes tears to grow your business, so don't settle for an inexperienced broker to sell it.Ģ. Understanding your business will ensure the broker can offer credible advice on what to expect during the sales process and ways to devise the marketing strategy. I am confident I would have never had the opportunity to finalize the business sale without the support of Alex throughout the entire process.Thank you Alex!Matt L.When you choose the right broker to sell your business, you’re not only getting advertising, you’re accessing expert assistance with a market-related valuation, a marketing plan and assistance with agreements and legal documentation.Īn experienced broker goes the extra mile to learn about their client's business and doesn’t immediately go for a sales offensive. ![]() I am a proud new owner of an excellent business. I believe he truly had empathy and understanding as we worked through the struggles of finalizing the transaction.In the end. Alex provided lawyer referrals, financing referrals, due diligence support and much more to ensure a smooth transaction. However, I was provided with excellent advise and reassurance. unexpected, there were challenges during the process. Although, it was made clear that Alex represented the seller, through the entire process I was always well informed and treated very honestly.As expected and. From the first interaction, I was treated respectfully and was well informed of the potential process. After a diligent search, I discovered a business of interest on line, listed by Alex. I recently had the pleasure of working with Alex Khabbaz at Central Texas Business Brokers. I'm so glad I didn't waste my time interviewing a multitude of brokers and maybe picking the wrong one. He stayed in touch and encouraged us through the entire process. The 4th interview was the perfect buyer who offered more than the asking price. He said that it typically takes 3 to 7 interviews with pre-screened prospects. With a no money till the business sells contract I looked no further and hired Alex.Alex described (in simple detail) the process, what was needed from me, and what I could expect. I was so impressed with his knowledge of owning & selling small businesses. ![]() The first thing I learned was to shop (interview) many brokers and not to pick the first one.The 1st broker I called was Alex at Central Texas Business Brokers. I know my business but I had no idea how to sell one, so like every other modern day American, I googled it. And he offered to take a look at the revised valuation!I told him at the time "You're an angel!" Mike's willingness to assist a random woman who called his office is a true example of "going above and beyond."If I'm ever in the market for a larger business, Mike will be my first call.Amy CowellMorgan's Point Resort, TXįor health reasons I decided the best thing for me to do was to sell my roofing & remodeling business after 40 yrs. He provided quick ballpark estimates of asking and offer prices, using information I had obtained from the seller.Mike also told me to get another report that would include information to produce a more accurate estimate of the business's value, from which I could determine a reasonable purchase offer. (It's time to start my 2nd career after 25+years as a project manager in commercial construction.) My potential purchase is too small for Mike's services to be economically feasible BUT.Mike took 45 minutes of his Friday to walk me through the process of valuing a business, from both buyer and seller positions. I called Texas Business Brokers to discuss the possibility of using the services to value a small business I am considering purchasing.
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