Expert Business Brokers in Scottsdale, AZ
Strategic Business Brokers Group offers unparalleled expertise in the confidential sale and valuation of small to mid-sized privately held businesses. With over 25 years of experience, our seasoned professionals work extensively with individual investors, private equity groups, and owners of privately held corporations. Trust our certified business brokers in Scottsdale, AZ to aid you in navigating the complexities of business transactions with discretion and proficiency.
Services Tailored for Your Business Success
Putting Your Business Up for Sale
Once you have decided to sell your business, you need to start preparing for the sale process. Start by gathering all necessary documents, such as financial statements, tax returns, contracts, leases, and other important information related to operations. Make sure that they are accurate and up-to-date in order to present your business in the best light possible. Remember, potential buyers will always want to verify financials and understand the overall financial health of your business.
It is also a good idea to understand not only who your potential buyers might be but also what they would likely want to know about your business. A few common inquiries can include "What is the year-over-year trend in revenue?"; "What makes your business unique?"; and "What opportunities for growth does the business have?". When you have a clear understanding of your business’s strengths, weaknesses, opportunities, and threats, you will be able to confidently answer these questions and effectively negotiate with prospective buyers.
Conduct a meticulous review of every facet of your business to identify and rectify any potential issues that could affect the sale. This could include improving processes, updating equipment or technology, and addressing any outstanding legal or financial matters. No one likes surprises, especially during a transaction as significant as selling a business. Appearances also matter. Make the effort to keep your business well-maintained, inside and out. Fix that sign, replace worn carpeting, and declutter the office. First impressions can greatly influence the perception of potential buyers.
Determining the Value of Your Business
The business valuation process is crucial for various scenarios, including selling all or a minority portion of the business, merging with another company, raising capital through debt or equity, conducting detailed tax analysis, or expanding the company’s shareholder base.
Common methods for valuing a business include the market approach, which compares the business to similar companies that have been sold recently; the income approach, which calculates value based on future cash flow projections; and the asset approach, which considers the assets and liabilities of the company.
Schedule an initial discovery meeting with our experienced business brokers to allow us to gain a comprehensive understanding of your company. Provide us with detailed financial records, including profit and loss statements, balance sheets, and tax returns. Our team will meticulously analyze these documents, focusing on identifying the seller’s discretionary earnings (SDE) and earnings before interest, taxes, depreciation, and amortization (EBITDA). After this thorough analysis, we will work closely with you to establish an official business valuation, ensuring all aspects and potential of your business are accurately reflected.
Your Path to Successful Business Transactions Begins Here
In need of a company you can trust when looking to sell your business? Seek the expert guidance of Strategic Business Brokers Group. We serve a wide range of industries, including but not limited to architecture, construction, consumer products, franchises, industrial products, manufacturing, and restaurants. Reach out to us by phone or email or fill out our online contact form to schedule a consultation.
