Did you know that 65 percent of business owners don’t know the value of their own business? Not having an understanding of the true value of your business can be detrimental when it comes times to sell it.
Why is that important? During the Great Recession, many baby boomers pushed off retirement but in the last couple of years, economic growth has led boomers to feel comfortable selling. A recent survey showed that nearly three-quarters (74 percent) of business brokers expect an increase in new clients coming to the market in 2018.
That’s why it’s important to understand the benefits of using a professional business broker. They can provide a true estimate of what your business is worth. However, it’s about much more that. It’s about everything from marketing to the right audiences to understanding how to negotiate.
We would welcome the opportunity to speak with you, in a non-commercial manner, more about the benefits of using a business broker and why it should matter to business owners. If you’re interested in booking a time for us to meet, please contact us at 416-707-2919 or by email at email@example.com