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Should I use a business broker?

Listing your company for sale is one of the hardest decisions you will make. After all, you must have put in many days and nights of dedicated efforts into it and letting go of it is a tough call. Having worked hard to bring your business to a certain level, you would also want your company for sale to go in the right hands. Selling to the wrong person or botching up the selling process can seriously jeopardize your business. So here are some of the common errors of selling a business that you can keep in mind when you put up your company for sale.

Expecting the wrong price

Most business owners make the mistake of either over-pricing or under-pricing their business when they put it up on the market. A potential buyer will examine your company for sale through its profitability, turnover and future potential and then determine the price he/she is willing to pay for it. Over-pricing your business will put off the buyer even before you reach the negotiations stage. Under-pricing, on

Joseph DiBello

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