|
NJ Business Broker about the best business, contact A Neumann & Associates, LLC">Many experts believe an increased number of businesses will become available for sale. 2 recent trends are expected to have a major impact. When asking A Neumann and Associates, a NJ Business Broker, the improved economy and aging baby boomers are leading to more business owners preparing to sell. Plan ahead is their advice, as a NJ Business Broker they have assisted business owners for 25 years with business transactions and over 5000 business valuations. Why are these trends so important? First, many business owners did not want to sell during the downturn because their business value was down during the economy. The wisely waited and that gave many enough time to prepare their business to be sold. Second, the first wave of baby boomers are turning 65 years old, are opting to retire and sell their businesses. With more businesses on the market, sellers have more competition and buyers more options. The presents an interesting challenge to business owners who wish to retire, have waited for the economy to recover and want to sell their business for true market value. What is the solution for these business owners? The solution is proper representation and plan ahead. Nearly half of all businesses are expected to be sold in the next 15 years. In their current state, only 1% of businesses can be sold. There is a tremendous amount of up front work and preparation to position a business to be sold. A reputable NJ Business Broker with an excellent track record such as A Neumann and Associates can help. One of the first critical steps in preparing a business to be sold is to obtain a certified business valuation. The only way to determine true market value is from a business valuation. A Neumann and Associates has been involved in over 5000 business valuations. This must be from a expert third party and must be a certified business valuation. A business valuation not only determines true market value, it justifies an initial offer price, it is the one thing that gets a buyer to take a seller serious, it also helps build comfort and confidence for a buyer when placing an offer. Another tremendous business of business valuations is all the information and value drivers can be used to make improvements in the value of your business. In fact, many businesses obtain valuation periodically to gain an objective opinion of areas that impact value. And utilizing this information to make improvements can have an enormous positive impact on value. Obtaining proper representation not only helps business owners prepare to sell, an expert NJ Business Broker such as A Neumann and Associates can help a business sell for true market value and on average much sooner than industry standards. Confidentiality is top priority, this is taken very seriously and must be maintained in order to avoid any issues encountered from executives, employees, suppliers, partners, lenders, etc that could impact value. To learn more about recent trends, valuing businesses, tax planning, preparing a business for sale NJ Business Broker about the best business, contact A Neumann & Associates, LLC
Related Articles -
NJ business broker, New Jersey business broker, NJ Business Brokers, Business Broker in NJ, business appraisal in New Jersey, business broker in new jersey,
|
