For an owner, selling a business is a significant decision. Most owners sell their business because of lifestyle reasons. Usually, this is due to retirement, family, health, a new chapter. However, 80% of business owners do not know the value of their business. Yet, most of a business owner’s net worth and retirement is found within the business’ value. As a business owner, it’s easy to get lost in the growth and maintenance of the business, so much so that you never truly grasp the proper value of your work or receive a business valuation. When the day comes that you look in the mirror and decide, “It’s time to sell my business” your business valuation will matter most to you. Business Broker Chicago – Brentwood Growth can assist you through the entire process of selling your business. From finding the right investors to buy your business to curating a personal, professional, and financial exit strategy and business succession plan.
Business Valuation Chicago
Having the right information about what your business value is will give you the information to be able to answer questions such as, “Should I sell my business today or keep it for the next 2-5 years? If I keep it what should I focus on to make the business more marketable and increase its value?”
Business Broker Chicago – Brentwood Growth knows exactly what you’re going through and how to help you make the right decision. We’ve been there before ourselves, and we’re keenly aware of how stressful selling your business can be. Knowing your business valuation, learning whether or not it is the right time to sell your business, who are your potential buyers, and what the due diligence process is – is difficult.
That’s why Business Broker Chicago – Brentwood Growth take great pride in working with business owners to make the right decision with the correct information. We will build an exit plan and business succession strategy at your pace and ensure that you exit your company on your own terms.
Selling a Business Chicago
Some of the questions we can help you answer are:
- Should I sell my business or close it?
- How do you know when it’s time to sell your business?
- What do I need to do to sell my business?
- What is the rateable value of my business?
- When do I start business succession planning?
- How is EBITDA used to value a business?
What to Expect When You Work With Business Broker Chicago – Brentwood Growth
Business Broker Chicago – Brentwood Growth has extensive experience in helping find buyers for companies. We view all of our clients as true partners, and always work with their best interests in mind.
The process starts with a business valuation.
With that information you will be in a better position to consider your options:
- A possible sale in the near future.
- Find a potential partner for growth or expansion.
- Continue to run the business, now with the knowledge of the metrics that will determine future value.
The process of receiving a business valuation from our business brokers takes 2-4 weeks. We do not charge for the initial business valuation – we consider it our investment in the relationship. There is no commitment for you going forward, we simply hope that you will consider us when you are ready to begin planning to sell your business.
We Look Forward to Hearing From You
If you would like to learn more about how Business Broker Chicago – Brentwood Growth can help you sell your company, please get in touch. You can give us a call at 908-377-7807 or use our online contact form.