You don’t get to sell your life’s work multiple times over, meaning as a business owner you have to be sure your broker for the sale is someone you trust to get the job done correctly and without worry. How do you know who to trust though?
References and Reviews:
They matter! Getting connected with a merger and acquisition broker who has a brokered deals in the past is a must. But getting a broker that your friends, acquaintances, or business partners recommend can make a big difference. They might even be able to give you suggestions based on their experience so you can make your business sale as stress free as possible.
Experience with the Business Sector:
Why be someone else’s guinea pig when you can choose someone you trust to get the job done in your existing market. Ask questions about previous brokered deals, specific to the trust you need to find! View the current listings to see some of the types of businesses that Proforma Partners works with.
Fee & Commission Structure:
Using a broker will have fees for the firm, any firm will. But you already knew that. Now it is just up to finding the broker with the ‘correct’ fee structure to ensure both parties (you and the broker) are happy moving forward to find a sale. Here at Proforma, we like to keep our fees competitive within the marketplace. We scale fees according to your business, with an emphasis on pay-for-performance commissions at closing (sometimes you find no fees upfront, but you easily get what you pay for…)
Making Your Choice:
You have worked hard in getting to this point when it comes to running and managing your business. But do you have an exit strategy ready? Or possibly a succession plan lined up? Initiating those final steps will get you prepared to leave your business in good hands.
Proforma Partners works hard to build trust with business owners, and has a great track record of doing so as mergers and acquisition experts since 1987.
Reach out to the Proforma team today to discuss your business exit strategy.