It can sometimes seem that there is a lot of overlap in business consultants, advisors, and professionals, and this can create confusion for a small business owner. If you are selling a small to mid-sized business in Eau Claire, WI with a value of over five million dollars, it is really in your best interest to work with a business selling advisors.
There are a lot of differences between realtors and business selling advisors. Realtors, even those specializing in commercial properties and buildings, are not experts in business valuation and business sales. Rather, they are experts on property values.
On the other hand, business selling advisors are experts on business and their assets, which may include commercial property, real estates and actual assets and capital equipment.
The Benefits
The benefits of working with business selling advisors include:
- The ability to work directly with professionals who are managing the sale and purchase of businesses on a daily basis, not as an occasional transaction.
- The ability to have the business brokers use their network of sale agents and professionals to get your business listing in front of the people most likely to be in the market to buy.
- Preparing a professional business report on your company and presenting your business in a way that a potential buyer wants to see to create an incentive to take a closer look at your company.
- An understanding of and expert advice on the business valuations, business financial reporting, accounting, tax issues to consider when selling a business and any legal issues that may impact the actual sale of the company.
- Provide a team approach to selling your business that can include multiple professionals in different offices across the United States as well as in international locations.
Also, working with business selling advisors gives you a team of professionals to ensure your business is ideally positioned for a sale. This can include assisting to get your business ready for the sale and to ensure the sale is effectively managed, even with international purchases.
Perhaps the biggest benefit or advantage to working with business selling advisors with an international presence is the ability to have a widespread marketing program for your business. While you may assume your company will be purchased by someone locally or at least within the US, there is no reason your Eau Claire, WI business wouldn’t be a good option for a company outside of the states as well.