West Virginia Business Broker
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Are You Considering Selling Your West Virginia Business?
Are you a small business owner in West Virginia looking to sell? Are you unsure of where to begin? What about clients, valuations, and everything else that goes into selling a business? If you’re a small business in West Virginia asking these questions, then Gulfstream Mergers may be right for you.
In this article, we’ll discuss the benefits of using a business broker in West Virginia and why Gulfstream Mergers could be right for you.
What Are The Benefits of Using A Business Broker?
Choosing the right broker to facilitate the sale of your business has several advantages. A broker can help value a company or find buyers. Trusted brokers will be discreet and help speed up the sales process.
Streamline the sales process
Selling a business can be a long and complicated process, especially when you still have a company to run. Often, buyers and sellers are unfamiliar with everything involved and the potential challenges that come up.
Brokers effectively bridge the gap between buyer and seller and organize all the moving parts. You can trust that your broker will solve any problems and keep all parties heading towards the sale of the business, which is everyone’s goal.
Provide a Business Valuation
Getting your business’ proper value is essential. You want to make sure you consider all factors in marketing the company correctly. Business brokers always ensure that your business is correctly valued to build a case and show buyers how they can make money in the future.
Assessing all economic factors is essential to set the right price and attract buyers. Brokers have experience evaluating business trends, competition, and aspects of the location.
Acces to Buyers
You most likely don’t have an extensive network of people looking to buy a business in your market. Brokers specialize in selling a business and finding buyers as well. Your main priority is running a successful business and increasing profits as a business owner.
They understand your company's market, know many interested buyers, and know how to make them compete for the sale. Brokers have marketing and sales teams that attract the right buyers for your business.
Confidentiality
The worst aspect of selling a business is that word travels fast. When you try to sell a business on your own, it’s all too easy for the word to spread. Unfortunately, employees may get nervous and leave, and customers will lose trust.
Qualified brokers are excellent at keeping a sale of a business confidential. Before a broker gives any information about your business, the buyer will be required to sign confidentiality agreements and meet other qualifications.
While vetting prospective buyers, a broker will keep your name and your business’ name strictly confidential.
Why Hire A Business Broker to Sell A Business in West Virginia?
A positive business climate in West Virginia indicates that West Virginia, particularly Charleston, is the place to be for businesses great and small. A lack of business taxes and reduced worker’s compensation means businesses in West Virginia make good money.
Thus, the market for selling your business in West Virginia will be quite competitive, meaning a business broker can help you attain a good deal when selling your business.
West Virginia business brokers have contacts in the market and know how the market works. With an experienced West Virginia business broker by your side, you’ll know you can find the best deal for you.
Why Choose Gulfstream Mergers?
Gulfstream Mergers have more than 20 years of experience in selling businesses. We pride ourselves on customizing each client’s experience because we know, in the end, there is no “one size fits all” method.
Reflecting our core values and commitment to high standards, Gulfstream Mergers has become an established, trusted name in the industry. We have a high rate of success in ensuring that all parties are satisfied with the outcome. Indeed, we were proud to receive the 2016 Financial Advisor of the Year by Acquisition International.
We take the complex nature of selling a business, and we ease the burden for our clients. You won’t have to worry about your company being undervalued or not adequately marketed. We can market your business globally depending on your needs.
We only engage with a limited number of clients at one time, which means you are our number one priority. We will never sacrifice quality over quantity; we will be with you every step.
Jim Kniffen, Founder and President of Gulfstream Mergers & Acquisitions
Mr. Kniffen has a passion for business and for helping our clients achieve their business goals, and is personally involved with each and every client and deal that our company handles. Mr. Kniffen has over thirty years of business experience, first as a successful entrepreneur and then as founder of successful M&A companies earning a reputation for excellence and ethics in the complex arena of business mergers & acquisitions. Mr. Kniffen has extensive expertise in business and enterprise valuation, due diligence analysis, alternative sources of acquisition financing, and complex business consultation. Jim is also a sought-after public speaker by accounting and financial groups for his expertise in the complete sales process, especially in the difficult areas of valuation and financing.
Mr. Kniffen received his graduate degree from Florida Atlantic University at Boca Raton in 1976. Mr. Kniffen is a member of The Alliance of Merger and Acquisition Advisors, is a Charter Member of the Association of Professional Merger & Acquisition Advisors, and is a Founding member of The Society for Leadership of Change (SLC).
Steps To Selling A Business In West Virginia
If you’ve decided to sell your small business in West Virginia, there are several steps you need to take when beginning the process. Using a West Virginia business broker with experience, like Gulfstream Mergers, can heighten your chances of receiving a good offer.
First, you’ll want to figure out the value of your business, often called a business valuation. These are important because they can determine what price you should ask for. After your initial consultation, Gulfstream Mergers can help provide this business valuation.
Next, you’ll need to stick to your asking price. Use the evidence from your business valuation and other financial records to help prove why you ask for such a price. An experienced West Virginia business broker like Gulfstream Mergers will help you stick to your guns.
West Virginia business brokers like Gulfstream Mergers help you negotiate the price you want and attain a competitive deal.
Are you looking for West Virginia business brokers? We can help! Contact us today at Gulfstream Mergers & Acquisitions or call at 1-704-892-5151.
Contact Us Today for a Free Confidential Business Consultation
Gulfstream will send one of our Senior Level Executives to meet with you at a location of your choosing to ensure confidentiality. Call 1-704-892-5151 or click the button below to schedule your consultation. See for yourself what it's like to work with experienced veteran professionals and experience the Gulfstream Mergers and Acquisitions difference for yourself!