What We Do
What exactly does a business broker do?
The primary role of a business broker is to guide clients down the correct road when buying or selling a firm. They want you to find the best business for sale and also get you a good price if you are selling a business. This process can be demanding and time-consuming, but having the assistance of a competent business broker can be the difference between getting a fair bargain and losing money
A Phoenix business broker evaluates the business, compiles up-to-date financials and other pertinent information about the business, and then recommends an “acceptable selling range” to the seller. They can also notify you of any information gaps and how they may affect a transaction.
During the sales process, a buyer will require the same type of information to make a purchase choice. In this aspect, a broker must act as a conduit for information from selling to a buyer.
Brokers also assist purchasers by presenting them with various firms that meet their specific investment criteria and skill set. Lastly, they assist in discussions between the buyer and the seller and can aid in maintaining a deal until settlement by maintaining continual communication between the parties.
While a reputable broker will always advise buyers and sellers to speak with their attorney, they are also familiar with the hazards and legalities of buying and selling businesses and the completion of documentation to ensure a successful transaction. Understanding how to navigate the red tape involved in commercial real estate in Phoenix Az can significantly shorten the process by several months.
Does a Business Broker Give You Real Value?
The primary role of a business broker is to guide clients down the correct road when buying or selling a firm. This process can be demanding and time-consuming, but having the assistance of a competent business broker can be the difference between getting a fair bargain and losing money.
A Business Broker evaluates the business, compiles up-to-date financials and other pertinent information about the business, and then recommends an “acceptable selling range” to the seller. They can also notify you of any information gaps and how they may affect a transaction.
During the sales process, a buyer will require the same type of information to make a purchase choice. In this aspect, a broker must act as a conduit for information from selling to a buyer.
Brokers also assist purchasers by presenting them with various firms that meet their specific investment criteria and skill set.
Lastly, they assist in discussions between the buyer and the seller and can aid in maintaining a deal until settlement by maintaining continual communication between the parties.
While a reputable broker will always advise buyers and sellers to speak with their attorney, they are also familiar with the hazards and legalities of buying and selling businesses and the completion of documentation to ensure a successful transaction. Understanding how to navigate the red tape involved in commercial real estate in Phoenix Az can significantly shorten the process by several months.
