Vendere Services
FOUR Ways that Vendere Advisors Can Help You Sell or Buy a Business
1) Business Advisory Services
Experts will say that value is ultimately determined by a free market transaction between a willing buyer and a willing seller. As a seller, anticipating a sale transaction soon or in the future, you should be concerned with how your business will be viewed in the minds of the potential buyers and how you can affect that.
You have a price in your own mind. The question is, “What can you do to cause buyers to be willing to pay you that price or, better yet, even more.”
Can a business be designed and crafted to justify a premium price? Of course, it can! Having bought and sold numerous businesses both as principals and advisors, we at Vendere understand what adds to value, detracts from value and what the showstoppers are and how things can change over time.
If you are thinking of selling your business three months from now or five years from now. Give us a call to discuss how we can help you maximize your return when the time is right for you.
2) Selling Your Business
Selling a business, is not something individuals or management teams do every day. In many cases, it may be the first time. The process is complex and stressful and requires expertise to guide you through the process to help you maximize the value you have created.
The process is also time-consuming, and during the sales process, it is critical that the owner and management stay focused on operating the business to maintain revenue and profit performance to achieve their desired sale price. Reports have suggested that only 25-30% of businesses that go on the market sell.
The failure of businesses to sell falls into three major categories: seller’s expectation of a price that is not realistic, business sell ability due to show-stoppers and lack of buyer financing.
We take a buyer’s perspective when we meet with you during our free consultation to let you know how buyer prospects will view your business and your prospect of selling your business in the desired timeframe. We are experts in packaging and selling businesses while maintaining confidentiality. Contact us for a free no no-obligation consultation.
3) Buying A Business
In most cases, buying an existing business is less risky than starting from scratch. When you buy a business, you take over an operation that’s already generating cash flow and profits. You have an established customer base, reputation, and employees who are familiar with all aspects of the business.
And you don’t have to reinvent the wheel — setting up new procedures, systems, and policies — since a successful formula for running the business has already been put in place. Bankers and investors generally feel more comfortable dealing with a business that already has a proven track record.
In addition, buying a business may give you valuable legal rights, such as patents or copyrights, which can prove very profitable. Of course, there’s no such thing as a sure thing, and buying an existing business is no exception. If you’re not careful, you could get stuck with a business that is not at all what you expected or told by the seller.
To make sure you get what is advertised when buying an existing business, Be sure to perform adequate due diligence and get a professional valuation, so you don’t overpay. At Vendere, we have expertise in due diligence and stand ready to assist you with the tools, processes, and years of experience in acquiring and selling businesses.
We are available to assist you with the process of acquiring a business that meets your expectations.
4) Business Valuations
What is your business worth? The truth is that it depends on a multitude of factors and the type of buyer interested in buying your business. Is the buyer looking for a job, or is the buyer an investor planning on someone running the business for them?
At Vendere, we have the tools and expertise to evaluate your business and give you a value range that will allow you to make an informed decision on whether to sell your business now or in the future.
If you decide you don’t want to sell now, we can give you advice on how to increase your value in the future and hope that you come back to us when the time is right.
Contact us for a free, no-obligation consultation.
