So, you’ve decided that it is time for a change and selling
your business is on the list of changes you need to make. Although Sydney is a densely populated city
of about 4.3 million residents, there are probably thousands of prospects for
your business, it should be top priority to look
for the right business broker to market your business for you.
Sydney is New South Wales’ business center and you will
probably find quite a number of them and the choice would probably be a tough
one, unless you know what to expect from them.
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You know you are talking to the right people
when they are open with their marketing approach and are open to give you
advice on how to prepare your business prior to selling so you can get the best
possible price for your business.
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Successful business brokers take time to know
you and your business before even asking you to sign a contract. This is how you know that they want to try
and sell your company based on its value and not on the basis of the current
buying offers.
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Companies that guarantee a sale within a certain
amount of time may seem too good to be true, but there are business brokers who
offer this. They do so because they have
a proven system for marketing and selling businesses and they know the Sydney
business market well. They also
guarantee that the agent they assign to you is able to do his job 100% of the
time which is to sell your business.
Business sourcing, marketing and enquiry handling is handled separately
by someone else.
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Successful business brokers in Sydney are most
likely to have a comprehensive database on the potential buyers, sellers and
list prices. This means they have a
baseline on where to go and who to start calling for possible leads. Their network and relationship with the
market is well established that sales go smoothly and in a timely manner.
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Confidentiality is also one of the more
important qualities in business brokers that should be expected. Ask the business broker how they ensure that
everything is kept confidential during the whole selling process.
The main goal in selling any
business is to get the best possible returns for the business you worked hard
to establish, and to ensure that it continues to grow is how you and your
broker choose the buyer. It is therefore crucial that the business broker you hire has the
capacity to get you the best price as well as the best possible buyer.
