Selling Your Own Business vs Hiring a Pro

Vikingmergers

Few things are more frustrating to me than starting a weekend DIY project, tearing something apart, and then realizing I don’t have the time or the skills to finish the job properly. Have you been there?

That feeling came to mind recently when I took a call from a business owner who had already marketed his company and had received an offer. He was well into the process at this point, and he wanted our help.

We were certainly able to step in and offer our services and expertise. And, just like one of my home projects gone awry, the job will get done. But, the outcome could have been much better (and life would have been far less stressful) if the specialist had handled the process from the start.

It is completely understandable that a business owner’s instinct may be to sell the business on their own. After all, it is the nature of most entrepreneurs to do the heavy lifting.

But, a seasoned entrepreneur also has the self awareness to recognize when a specialist should be called in. 

Selling the business is one such scenario.

Hiring a professional business broker or advisor is one of the best ways to maximize the value of your business, find the right buyer, and ensure a seamless selling process that reaches the desired outcome.  

Maximize Value

Business brokers can help maximize the value of your business by performing a thorough business valuation that includes actionable insight, by accessing a larger buyer pool than a typical DIY seller has access to and increasing the likelihood of attracting multiple offers.

Find the Right Buyer

Finding the right buyer is partly a result of the access to a larger buyer pool, but it also has to do with years of experience and insight into both sides of the buying and selling process. At Viking, we understand that the right buyer offers more than just the right price. Finding the buyer who will be a good fit for your company is essential as well.

De-Stress the Selling Process

Hiring a professional business broker means that you can focus on running your business while an experienced specialist ensures that the sales process, from marketing to due diligence to closing, moves forward confidentially, efficiently, and effectively.

You hire professionals to handle or advise on all of the most critical things in your life and business. Selling what is likely your most valuable asset deserves the same care. Contact us today for a no-cost consultation, and see how we can help you achieve the best possible outcome in the sale of your business. 

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