Three reasons why you need to consider to sell your business now – Feb 2021

As a successful business owner, you would like to get the highest price for your business. It won’t happen unless you bring your business to the market at the right time. Three reasons make the current market situation a great time to sell your business now:

Buyers have access to generous funding

Not only the interest rates are at their lowest amounts, but also “Consolidated Appropriation Act 2021” gives a great deal of intensive for business buyers. Six months of skipping in monthly payments and not paying guarantee fees mean tens of thousands of dollars saving for buyers. The only requirement is that they close by the end of September 2021. As selling a business and getting an SBA loan takes several months, if you as a business owner want to use this opportunity, you need to sell your business now! Of course, it just means that you need to start this long process now!

Capital gain taxes are expected to increase

For a million-dollar business, the capital gain tax level is a crucial consideration. As the new administration’s tax policies have made the market believe that the tax levels might increase in the upcoming years, it could be the right decision to sell at current tax levels.

Baby boomers soon will change the market to buyer’s market

The good thing about selling businesses these days is that there is a good chance that you can find several right buyers on every excellent business that comes to the market. If what is expected in the market happens and so many baby boomer businesses come to the market, there will be a great chance that the market turns into a buyer market. If that happens, sellers will need to lower their prices to be able to sell.

Here is how Zoom Business Brokers can help

Someone who has worked thirty to forty years to build a great business deserves to get a great amount of money to have a secure and pleasant retirement time. In Zoom Business Brokers, here is how we do our best to help this happens:

Using our network of SBA lender partners, we help you understand if you have a business that is SBA approved.
We provide a Broker Opinion of Value, which helps you understand what would be the most probable selling price for your business if we put it on the market today
We prepare a great marketing package that provides a great first impression to get the attention of buyers and gives correct and to the point information to the buyers
We pre-qualify the buyers and make sure that only qualified buyers get access to confidential information of the businesses
We help prospective buyers to prepare an offer and help you to come up with a counteroffer to get to a mutually agreed offer
We guide the due diligence process and make sure everything goes smoothly
We coordinate will all parties of the deal, including but not limited to escrow officers, lawyers, CPAs, etc. and act as a conductor of the sales orchestrate

As we are so confident in what we do, our only payment will be when you get paid! We do all the above and move with you along the way, understanding that if you don’t get to your end goal of selling your business, we won’t get paid!

As the local group of business brokers with years of experience in closing deals in small and medium-size deals, we could help you use this historic opportunity.

Schedule your free consultation here to start: https://zoombusinessbrokers.com/schedule-a-call/

You can read more about Zoom Business Brokers here

by SaraJuly 18, 2014 Buyer Articles, Seller Articles, Using a Professional0 comments

A Listing Agreement is More than Just a Piece of Paper

In order to sell one’s business using the services of a business broker, a listing agreement is almost always required.

For the owner of the business, signing the agreement legally authorizes the sale of the business. This simple act of signing represents the end of ownership. For some business owners, it means heading into uncharted territory after the business is sold. For many it also signifies the end of a dream. The business owner may have started the business from scratch and/or taken it to the next level. A little of the business owner may always be in that business. The business, in many cases, has been like a part of the family.

For buyers, the signed listing agreement is the beginning of a dream, an opportunity for independence and the start of business ownership. The buyer looks at the business as the next phase in his or her life. Pride of ownership builds.

So, that simple piece of paper – the listing agreement – is the bridge for both the seller and the buyer. The business broker looks at that piece of paper through the eyes of both the buyer and the seller, working to help both parties progress through the business transaction process into the new phase of their lives.

by SaraJune 27, 2012 Using a Professional0 comments

Why Use a Business Broker

A professional business broker can be helpful in many ways. They can provide you with a selection of different and, in many cases, unique businesses, including many that you would not be able to find on your own. Approximately 90 percent of those who buy businesses end up with something completely different from the business that they first inquired about.

Business brokers are also an excellent source of information about small business and the business buying process. They are familiar with the market and can advise you about trends, pricing and what is happening locally. Your business broker will handle all of the details of the business sale and will do everything possible to guide you in the right direction, including, if necessary, consulting other professionals who may be able to assist you.

Your local professional business broker is the best person to talk to about your business needs and requirements.

by SaraJune 27, 2012 Using a Professional0 comments

Seize the Moment — Tips for Sellers (Option B)

If you have made the decision to sell your business, the wisest first move is to contact a qualified business broker professional, who can . . .

Advise you on pricing and structuring the sale of your business.
Prepare the marketing strategy, using professional resources.
Determine the right buyer for your particular business.
Educate buyers in the business-buying process.
Keep you informed about market reaction.
Present offers and point out strengths and weaknesses.

When it comes time to sell, one of the best decisions a business owner can make is to continue managing his or her business efficiently (and profitably), while depending on the services of a business broker to forge the steps of the sale. The business broker professional is an invaluable advisor during the entire process, offering both objectivity and negotiation skills honed through years of experience in the buying and selling of businesses.