What a Business Broker Does, and When to Reach Out

In this short video, Torey S. Hinkson, President and Owner of First Choice Business Brokers Peachtree, answers three questions: what an M&A advisor and business broker does, what a sale process looks like, and when a business owner should reach out.

I want to answer three simple questions. First, what is an M&A advisor or business broker? In its simplest form, we work with business owners who are looking to sell their business or acquire a new one to reach their strategic objectives. Second, what does a sale process look like? Like most things, it depends on your situation, but regardless of your business, selling it comes down to three things: prepare for the process, confidentially market your business, and negotiate, document, and close the transaction. Drawing on twenty years of M&A experience, I work across all three, and my goal is always to use that experience to educate and inform my clients, so they make the most informed decisions for themselves, their family, and their business. Third, when should you reach out to an M&A advisor or business broker? This is a relationship-based business, so I am always glad to talk with a business owner. Whether you think a sale is imminent, you are curious what your business might be worth, or retirement is starting to feel closer than it used to, I would welcome a confidential conversation to understand your situation, and I am glad to offer a complimentary market price analysis so you know where your business stands in today's market.

The three parts of a sale he describes, preparing, confidentially marketing, and negotiating through closing, are laid out step by step in how we sell your business. If you want to know where your business stands first, start with What Is My Business Worth?, and see answers to common seller questions.


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