Why Is It Crucial To Hire a (professional) Business Broker Before Selling Your Business
When you sell a business, a business broker is a professional who specializes in selling companies in an optimum fashion. Brokers serve a crucial role in selling a business as their job is to ensure the sale is a success from the start. Without a business broker, you run the risk of the transaction falling through. Business brokers can assist with the following tasks: Evaluating whether or not it is an optimum time to sell Assessing the value of your company (note, it is essential to find a transaction advisor who is certified in valuations) Facilitating negotiations between buyer and seller In collaboration with your legal counsel, negotiating very detailed contracts In collaboration with your accountant and tax advisors, optimizing the deal structure Keeping the deal on track, and watching for, and reducing deal breakers Gathering all relevant information to compile a list of potential buyers that fit your criteria. Business Brokers in Calgary Help Maintain Confidentiality A busine