Merger Professionals vs. Business Brokers vs. On-line Business Sales
- Author Michael Schwerdtfeger
- Published August 15, 2011
- Word count 363
Who should I hire to sell my business: Merger Advisor or Business Broker?
Who you should hire depends on the size and profitability of your business:
Selling a Small business (average annual profit below $100K):
You might be able to sell your business yourself without help. There are a variety of business listing websites on line that cater to small businesses. However, if your business book-keeping and other professional organization is lacking, a business broker can help you organize and prepare for a sale to make your company more attractive. Brokers can usually talk to more buyers more quickly than an owner who doesn't sell businesses for a living.
Medium Business (Annual cash flow between $100K and $250K):
You should strongly consider hiring a business broker. For businesses of this size, most brokers are "generalists" rather than "specialists," and therefore, most can handle your sale. Most important is that you find a competent and skilled broker to help you.
An experienced business broker can help you understand how much a business is worth, market your company to find buyers, negotiate the transaction, and keep your sale confidential to ensure that employees, and customers aren't compromised.
Larger businesses (annual cash flow of $250K and up):
For a sale of this magnitude, you will want to retain a skilled merger professional. Merger Advisors are often highly skilled and seasoned professionals with extensive backgrounds in mergers and acquisitions.Merger professionals also often focus on one or more niches (substantive or geographic) and bring a wealth of knowledge to a transaction.
An M&A advisor will increase your company's value through his marketing efforts. The result of his efforsts will be to create a competitive market for your company, to maximize the value of your business.
The difference between business brokers and M&A professionals is usally two-fold. First, while a broker often handles 20 to 50 or more small listings at a time, an M&A advisor will handle a handful of transactions. Second, brokers often rely on online resources to list businesses, while merger advisors conduct a more thorough, hand-crafted process. The result is that Merger Advisors usually provide more detailed, and personalized service to their clients.
Call Merger Advisors Network to assist you finding the right person to sell your business. Merger Advisors Network is a network of merger professionals that matches business owners with the right merger advisors and business brokers to meet their needs. Read this article for more information on how much a business is worth.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- “The Man of Steel’s Tragic Fall: The Life and Times of George Reeves.”
- Lighting Stores in Brampton: Illuminate Your Home & Office with Fehmi Lights
- Dealing with Foot Pain During Pregnancy
- “Shadowland: The Tragic Ordeal of Frances Farmer and the Machinery That Broke Her.”
- “Glenn Ford: Hollywood’s Reluctant Heartthrob Who Played by His Own Rules.”
- “From Navy Tough Guy to Hollywood Everyman: The Life and Legacy of Ernest Borgnine.”
- Nancy Meyers-Inspired Kitchen: California Casual with Vintage Carved Door Charm
- Yellowstone-Inspired Ranch Farmhouse Style: Rugged Elegance with Rustic Antique Doors
- Used Master Prime Inspection: 5 Critical Checks to Avoid Refurbished Scams
- Staying Charged: A Guide to Electrolyte Balance for Health and Exercise
- Creating a Profitable Business with PLR Planners and Printables
- How to Spend 48 Hours in Cape Town: A Quick Itinerary
- “Wounds That Time Couldn’t Heal: Watching The Best Years of Our Lives Through the Lens of Memory and Mourning.”
- Understanding an ACL Tear
- Top 5 Funniest Gag Gifts for Your Best Friend
- Why Second Hand Pianos for Sale Are a Smart Investment
- Finding the Right Piano Shop Near Me: A Guide to Second Hand Pianos
- “Mira Sorvino: From Oscar Glory to Hollywood Silence.”
- Ireland Sino Institute Launches 2025 China Internship Program
- “Beyond the Spotlight: The Rise and Fall of Dorothy Dandridge.”
- “Through the Mist of Venice: Revisiting Don’t Look Now and Its Haunting Grip on Grief.”
- The Art of Coaching: Cultivating Growth and Inspiration
- Creating a Holistic Backyard Retreat: Old World Elegance Meets Nature
- Understanding T1 and T2 Transit Documents in EU: Your Complete Guide
- Cryptonews.money: Your Ultimate Guide to Understanding Cryptocurrency
- 15 Basketball Dribbling Games and Passing Drills for Better Ball Handling
- Transdermal Progesterone Cream: Benefits for Hot Flashes and Menopause Symptoms
- Tepezcohuite: The Ancient Skin Health Secret You Need to Know
- Quiet Cars and Busy Calendars: The Overlooked Role of Chauffeurs in Post-July Corporate Travel
- 1031 Exchange