You have Questions.
We have answers.
Selling your business is a major decision that will affect not only your life, but the lives of your family, your employees, and your customers. You need to ask your business broker the right questions to make sure that you are ready, and that the market is right to sell your business.
Q: What is my business worth? What is a business valuation?
Knowing the value of your business is the most important piece of information you will need to make the decision to sell your business. A business valuation tells you exactly what your business is worth in today’s market. There are many methods, tools, and databases to consider in the business valuation process; Murtha & Murtha uses all of them. Murtha & Murtha’s certified business valuations are prepared according to AICPA and NACVA standards. Initial sale evaluations are always free.
Q: Is the time right to sell my business?
As professional business brokers we feel it is vital to identify your primary reasons for selling. There are many personal reasons that a business owner may decide to sell such as Retirement, relocation, or being “burned out”. There are also financial considerations for the business sale such as what the market health is for your business’ industry, and if the business value is high enough for you to accomplish your goals. Let’s talk about your goals and plans to assess if it is the right time to sell your business.
Q: How long does it take to sell a business?
The answer is: It depends. How active is M&A in your industry? Is the market strong in your geographic area? How close is your expectation of value to the market’s perception of value? These are questions that Murtha & Murtha can answer in detail with an evaluation of your business.
Q: How is the selling price negotiated?
We go a step further than traditional business brokers with our negotiation assistance during your business sale. Our goal is to find the perfect business buyer so that we can create a successful and fair deal. We fight to strike a fair deal for you so you don’t leave money on the table. Murtha & Murtha personally and professional guides you through the entire sale process.
Q: Will all of our discussions and shared information be confidential?
From the moment you pick up the phone to the day of closing and beyond, everything we discuss is confidential. We understand that the information you share with us is highly sensitive, and you can be assured that discretion is our highest priority.
Peace of mind is a call away