Business Valuation – What Is Your Business Worth?
The first step in selling your operation (after hiring a business broker) is business valuation, also known as company valuation. Valuing your business correctly is a crucial step, one that many business owners get wrong. If you price it too high, it will sit on the market and delay those retirement plans. Value it too low, and you’re leaving money on the table. At Transworld, we have business valuation experts who know the San Diego area business market. You need to know that business valuation is not an exact science. It’s not so much what you think your business is worth, as it is what a buyer thinks its worth. There are a great number of factors go into determining what your operation is worth to a buyer. We will examine your books to see determine a number of things that will affect the list price, including:
- What your sales have been for up to the last five years
- Projected growth
- Market conditions
- What your inventory and assets are
- The location and condition of the physical property
- How well-known your brand is
- And much more.
Our goal is to come up with an accurate business valuation that will help set an attractive, yet fair selling price. Taking a deep dive into your books also helps us identify any problem areas that need work before actually listing your business.
How to Sell a Business
At Transworld of San Diego North, we know how to sell a business. If you partner with us, you’ll learn a lot about selling a business, too. That includes what things you should do, and what things you should avoid doing. Once we have a fact-based valuation, we can set the sales price. We then confidentially network the sale of your business to other business brokers and potential buyers.
Transworld controls the information a prospective buyer receives, releasing specific information only as required. To protect you, we pre-qualify potential buyers. Before we give them or their representative any sensitive information about your company, they must sign a confidentiality agreement.
Once a buyer(s) make an offer, we negotiate the best price for you. We then help close the deal, coordinating with lawyers, accountants, banks, leasing companies, etc. to help ensure everything goes without a hitch. And you can reach out to us long after the sale goes through. We want you to think of Transworld anytime you’re thinking of buying or selling a business.
Selling a Business is Easy with Transworld
Selling a business doesn’t have to be difficult. Transworld partners with you to get your company ready for sale so that you can bring in multiple offers, at top dollar. We work with clients throughout the San Diego area, including San Diego County, Riverside County, Imperial County, and San Joaquin. Call us today at (760) 607-0641 or email us to schedule an initial consultation. Selling is easy when you work with the pros!