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SELL YOUR BUSINESS

We make the process of selling your business as simple for you as possible.

Selling Your Business Should Be Hassle Free…

Raegan Enterprises is dedicated to it’s clients and selling your business. We work with each buyer prospect by having them sign a Confidentially Agreement and determining if they are qualified financially and/or strategically to purchase your business. We field buyer questions as best we can using the data provided during the info gathering period, contacting you only when required.

When you are ready to sell your business, what you don’t know can cost you a lot of time and money. Attend one of our ZOOM presentations and learn more about Growth and Exit Strategies Conference where we cover:

 

  • Before selling, know your value
  • Value enhancement
  • Going to market strategies
  • Deal making by our professionals
  • Negotiating the sale of our business
  • Deal closure
List Your Business NOW!
Step One: Contact a Business Broker

Hiring a business broker can have many advantages. You won’t have to hire a professional evaluator, because a good business broker can help you figure out what a reasonable starting asking price for your business will be. You won’t have to spend countless hours trying to figure out ways to attract buyers because your business broker will know which buyers will be interested in your business, where to find them, and how to appeal to them.

If you’re trying to sell your business anywhere in the US, we can help.

Step Two: Gather your Financial Information

When you’re trying to sell your business quickly and efficiently, transparency is key. Potential investors want to see clear, clean books that give them confidence the company is strong, and that there are no soft spots that they are going to discover later after the deal is done. You can build trust and project transparency by having at your disposal, and ready to present to potential buyers, things like:

  • Federal income tax returns (at least three years’ worth)
  • Year to Date Profit and loss statement plus three years’ historical information
  • Lists of inventory, equipment, and other hard assets

If you don’t have one in-house, a qualified professional accountant can look through your books and identify any red flags before you sell your business. Luckily, our business brokers have the professional expertise to help you with your financial assets and ensure the selling process remains confidential and effective.

Step Three: Figure Out How Much Your Business Is Worth

You can’t sell your business if you don’t know how much you should sell your business for. Unless you have evaluated the worth of your business, you have no way of knowing whether or not you are getting a fair price. I may be able to sell my business quickly, but if I do it at well below market value, it’s probably not worth the time I’ve saved. A business broker can help you with this.

The conventional wisdom is that a small business is usually worth a multiple of its annual cash flow. Still, many other factors may be at play, such as being in a desirable location or being in an industry that is poised to accelerate. A smart plan is usually to get an expert third party like a business broker who knows how to evaluate businesses to do an independent, high-quality valuation of your business.

Request your Confidential Consultation at No Cost