List of Different Industries We’ve Represented:

When it comes to selling a business in Colorado, an experienced and successful broker is invaluable to a successful transaction. Selling a business is a significant decision that demands competent representation. The process requires a lot of things to go right and one poor decision or misstep could derail the entire process.

If you are thinking of selling your business someday, it is a wise strategy to be aware of several key factors and their influence on the end result.

Experience Can Make a Difference

Jeff at Business Broker Colorado, “BBC”, has successfully sold businesses of all types and sizes. He is an expert at getting sellers their maximum sales price in a timely manner. He guides sellers through every step of the process from the initial consultation to the closing table. Selling a business has a lot of moving parts and Jeff has the experience to get deals done.

Finding and Having Buyers Matters

Over many years, “BBC” has accumulated over 28,000 active buyers who are looking to buy a Colorado business. We also create custom lists of potential buyers who have shown interest in a similar business to yours in in the past. This custom list gets an email that states ‘you have looked at a similar business in the past and thought you might have an interest in this new listing’. We follow up those emails with phone calls. This is very effective. That combined with our unique marketing which includes the use of a video interview which will dramatically boost your chances of getting your business sold for top dollar. You devoted endless hours managing and growing your company. Jeff at Business Broker Colorado can assist you in properly preparing your business for a sale. This will help get you the highest sales price and best terms.

Maximize Sales Price and Best Terms

Jeff has been a business broker for over 14 years and worked with a previous broker for 2 years before learning the business. He knows how to market your business to get you the highest sales price possible. He understands that it’s not only about price but also about a quick closing, great terms, and the overall experience for the seller. Jeff has a much higher closing percentage than the average broker and has sold many businesses for more than the listing price.

Get the best terms

If you are selling a business in Colorado, finding the right broker will help you maximize both the sales price and terms. Remember that it’s not only about price; it is also important to understand how the sale will unfold—down payment, seller carry, transition, etc.

Jeff Eisnaugle has the experience to help you with all the above. He is happy to provide references and a free valuation of your company.

Preparing for the Sale

In order to maximize your potential sales price and probability of success, consult first with Jeff, who will prepare a complementary valuation along with consulting and guidance.

Important Steps for Maximizing Your Sales Price When Selling a Business

When a business owner decides to sell their business, they will need a way to find multiple potential buyers who are qualified, motivated, trustworthy, and have the necessary experience or aptitude to show up for a closing and be successful. First, business owners should make sure that their business looks like a smart investment to potential buyers. That process may involve making a few changes to make your business more valuable and appealing.

• Keep Trustworthy Financial Records- If you’re selling a business, suitors will inevitably all buyers and lenders will ask to have a closer look at your books over the last couple of years. When that happens, your financial records will need to be clear, comprehensive, and accurate.
• Revenues, operating expenses, outstanding debt, and all other fiscal data must be accurate and trustworthy to potential buyers. Confusing or messy bookkeeping can raise a red flag and may cause doubts. Unprofessional books can reduce your business’s value, or even wipe out the chance of a sale.
• Stay Current with Modern Marketing and Technology – Every business, large and small, should have a certain level of modern literacy. Keeping up a consistent online presence with a website and/or social media account to generate interest and business.
• Keep Low Turnover of Employees – Business buyers are attracted to companies with stable employees. Excessive turnover, unmotivated workers, and low morale make it difficult to sell a business. Make sure your employees feel you’re continuing to take care of their basic needs, that their concerns are addressed, and that they’re satisfied with their work. A business that consistently attracts solid employees and keeps them long-term is better positioned for success — which makes it more appealing to potential new owners. This has become more and more important recently.
• Keep Growing Your Company – Just because you’re selling a business in Colorado doesn’t mean you can take your foot off the gas. Buyers aren’t just interested in your business’s assets and track record — they also need to be assured that it can continue to expand and grow.
• Sell Your Business with Expert Guidance to Maximize Price and Minimize Disappointment- Business Broker Colorado can make a huge difference when you’re selling your business. We’ll help you avoid all the costly mistakes that may complicate or even lose your sale opportunity. Jeff will help business owners sell their business for as much money as quickly as he can as quickly as possible.

Business Valuation

Determining the proper market value for your company is absolutely essential to successfully sell a business. Jeff considers several factors that are unique to each business to give you a free and accurate valuation. 3 years of financials plus the estimated value of the assets is all Jeff needs to get started.

What is a Business Valuation?

Business Broker Colorado offers a complimentary, no-obligation business valuation for potential Sellers. A Business valuation determines the economic value of a business. It can also be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership, taxation, and even divorce proceedings. An accurate valuation of a closely held business is an essential tool for a business owner to assess both opportunities and opportunity costs as they plan for future growth and eventual transition.

There is no one-size-fits-all approach to business valuation because all businesses are different.

Business Broker Colorado has created a valuation formula that is designed to thoroughly inspect your company and value and help determine which valuation method best suits your business. Once we have presented our opinions to you and we have discussed the pros and cons of each, you get to decide which valuation method is the best fit.

Here are a few of the factors we consider when determining which formulas to use in a Colorado business valuation:

• • Profit Margin
  • Traditional add-backs
  • Trend
  • Size
  • Industry
  • Asset Values

If you’re looking for business valuation in Colorado, Business Broker Colorado has the expertise and the experience to help you properly package and prepare your business for sale.

Discretion

At “BBC”, Jeff understands how important it is that once you decide to sell your business that friends, employees, vendors, and competitors do not know you are for sale. He carefully prepares his marketing with the seller’s approval, in a way that he can market your business while keeping the fact that your business is for sale a secret.

Don’t hesitate; start a relationship with Jeff to prepare, get a valuation, learn, or to start the process of selling your business by either calling 303-905-7607 or email him at jeff@businessbrokercolorado.com.