Categories: Sell a Business

How to sell a business without a brokerSelling a Business Without  Broker

Selling a business yourself maybe a little scarey, but with the right kind of help and guidance you can sell your business or company without a business broker or intermediary.

Do you need a business broker?

Depending on the size of your business and the complexity of the sale, you could sell your business yourself.

Here are some indicators that you should sell your business yourself:

  • Sales less than $250,000 per year
  • Taxes show less than $20,000 in profit per year
  • No real estate involved (i.e. just leasing the location)
  • Low concern about confidentiality
  • You are in rural area where there is no broker available
  • You want to sell it yourself

What is the business worth?

Once you have decided to sell the business yourself, the next question to answer, is what is the price?

Professionals that value businesses use many methods to establish the value of the business and having professional price determined will help you know if the offers you are getting are reasonable or whether they are offering too little or too much. RPR Associates offers several business valuation products depending on your needs.

What is the process of selling a business?

The basic process is the same for all businesses. Here are the steps:

  • Value the business to determine Price
  • Determine Terms of Sale
  • Package the Business for Sale
  • List the Business
  • Qualify Buyers with Non Disclosure Agreement
  • Present Business
  • Accept Offer
  • Complete Due Diligence Checklist
  • Close Business Sale

 

For Sale By Owner Program

Whether you just need the forms and want to value the business yourself, or you want complete program, we offer full support for the business owner that wants to sell their own business with our for sale by owner programs. 

 

Need help deciding if you should sell your business yourself?

Contact us for a complimentary consultation to explore your options.

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Posted on Oct 1, 2013

Contact Info – David Bandars

 12110 Port Grace Blvd. #201, LaVista, NE 68128

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