Who can sell my business?
When an owner makes the decision to sell their business, one of the first questions that pops up is who can sell your business. Perhaps you have considered selling it yourself, but do not want to deal with the stress and time-consuming process alone. You may also have considered using a broker, but you are wary of the high costs. Maybe now you are considering going through a regulated property buyer, but you want to find out more about how exactly they function. Whatever stage you are at, in this article we will lay out these 3 main options that are highly popular when it comes to selling a business and show you how FastCash4Houses may be the solution you are looking for.
Selling the business yourself
It goes without saying that you know your business better than anyone. It is therefore not uncommon for business owners to sell it themselves. Whilst this certainly has its benefits, such as having the familiarity to find the right owner, and not having to pay any fees, there are certainly also drawbacks which should be considered.
The main issue is to do with confidentiality because leaks can impact buyer response and offerings, putting you in an unideal position. Other issues that crop up when business owners sell themselves is objectivity, which could reduce your credibility. There is also the time-consuming nature of selling, and a lack of experience/knowledge of the process.
Overall, it goes without saying that selling a business is complex process. If you want to save the hassle, legal complications, and credibility issues, then getting professional help is the best idea. Not only will you receive more guidance and support but the money you spend on experts will return to you.
Using a broker
The second option that you may have considered is to use a broker to sell your business. This may be an advantageous option as they can give you professional guidance from the sale and you can rest assured that their services will be completely confidential.
On the other hand, however, there are also many drawbacks to using a broker which need to be taken into consideration. Firstly, brokers are reputable for charging high fees for their services, between 8% to 10% of the selling price. They also do not have as much knowledge and experience of your business, which could leave you with legal liabilities. Finally, it can be difficult to find a good broker who acts in your best interests. In this case, you may end up settling for a mediocre broker who is more interested in selling your business quickly than maximising your profits.
Could you use FastCash4Houses?
If after considering these two options you are still wondering what the best solution is, then you may want to consider using FastCash4Houses. We are your number 1 trusted go-to buyers of businesses, with years of experience of helping business owners sell quickly for a high profit. We will do a valuation of your business and provide you with an offer either based on business value right now through to any business assets or property that can be realised.
To find out more, visit our website on https://fastcash4houses.co.uk/ or contact us directly to speak with a member of our team on [email protected] or 01204 294356. At FastCash4Houses, we are here to help you sell your business.