The residential construction industry was worth 600 billion dollars in 2016 with projections of continued growth in coming years. Whether you own multiple rental properties, are a new homeowner or are moving into a larger house as your family grows and needs more space, chances are you have called a home improvement company for one service or another. Whether it is roofing, flooring, plumbing or painting, the home services industry is exponentially growing every year.
Preparing to sell your home construction company can feel like a daunting task when embarking on it alone. However, with the help of an experienced business broker, the process is simplified and guaranteed to satisfy every party involved. When you partner with a broker, your business and the successful sale of your business is as important to your broker as it is to you. As a result, several foolproof procedures should be in place to ensure a seamless selling process.
“Show Me the Money”
First and foremost, it is important to get your finances in order. Everything from income statements to balance sheets, needs to be organized and up to date to determine the profitability of your home construction company. The next step is taking that income statement and balance sheet and use these to determine a valuation. In order to find the right selling price, a broker can help determine your business’ worth depending on profits, assets, employee count, industry competition, and location.
Transworld Business Advisors Houston’s brokers specialize in specific industries. By doing this, we ensure each broker is equipped with the necessary procedures and industry knowledge to conduct a proper business valuation and find the best buyers for your home construction company. Our experienced brokers are well-versed in every step of the process which means that no matter where you find yourself, our brokers can jump right in and guide you through the rest of the process. We understand the importance of protecting your confidentiality and brand.
Call Transworld Business Advisors of Houston Today
To see similar listings or to discuss how a Transworld advisor could be of help as you sell your Houston area home construction business, contact Transworld Houston today. Call us at 281-769-4277 and an experienced business broker will walk you through the selling process and help prepare your business. With an incredible arsenal of buyers, we streamline the process of finding the right one for your business.